Free Mutual Agreement to Terminate Employment Template
Mutual Agreement to Terminate Employment
Introduction
This Mutual Agreement to Terminate Employment ("Agreement") is entered into by and between Sigmund Corwin ("Employee") and [Your Company Name] ("Employer") as of March 6, 2054.
Purpose
The purpose of this Agreement is to formally acknowledge and agree upon the termination of the employment relationship between the Employer and the Employee.
Terms and Conditions
Employment Termination Date
The employment relationship shall effectively terminate on February 6, 2054 ("Termination Date").
Final Compensation
Employer agrees to pay the Employee all outstanding salary and accrued benefits up to the Termination Date, in accordance with applicable law.
Severance Package
If applicable, the Employer agrees to provide a severance package as detailed in Attachment A.
Return of Property
The Employee shall return all company property, including but not limited to keys, equipment, and documentation, on or before the Termination Date.
Confidentiality
The Employee agrees to adhere to all confidentiality clauses that remain in effect post-termination.
Non-Disparagement
Both parties agree not to make any negative or disparaging statements regarding the other party.
Release of Claims
The Employee agrees to release the Employer from any claims or liabilities arising out of the employment relationship, to the extent allowed by law.
Governing Law
This Agreement shall be governed by and construed in accordance with the laws of New York.
Entire Agreement
This Agreement constitutes the entire agreement between the parties concerning termination of employment and supersedes any prior communications, agreements, or understandings.
Signatures
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
[Your Name]
Sigmund Corwin
