The Mutual Termination of Employment Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable examples.
Mutual Termination Of Employment Agreement Template UK Editable – PrintableSample
Mutual Termination of Employment Agreement Template UK 1. Employee Information 2. Employer Information 3. Termination Details 4. Reasons for Termination 5. Final Compensation and Benefits 6. Responsibilities Upon Termination 7. Non-Disclosure Agreement 8. Return of Company Property 9. Agreement to Mutual Termination 10. Signatures and Agreement 11. Declaration and Signatures
PDF
WORD
Examples
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
This agreement outlines the terms and conditions under which both parties agree to mutually terminate the employment relationship, effective from [Termination Date].
Both parties agree that the mutual termination is beneficial for both and may be due to personal circumstances, career changes, or other considerations that have been discussed and agreed upon.
The Employer agrees to pay the Employee a final settlement of [Amount] which includes any outstanding salary, accrued holiday pay, and any other entitlements as per the employment contract.
The Employee agrees to return all Company property, including but not limited to keys, documents, equipment, and any other items belonging to the Employer, by [Return Date].
Both parties agree to maintain confidentiality regarding the terms of this agreement and the circumstances surrounding the termination of employment.
The Employer agrees to provide a written reference for the Employee upon request, reflecting the duration and nature of the employment.
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
This document serves as a formal agreement for the mutual termination of employment between the Employee and Employer, effective as of [Termination Date].
Both parties acknowledge that the decision to terminate employment is made in mutual agreement, for reasons that have been discussed openly and comprehensively.
The Employer will provide a severance package of [Amount], which includes all due payments for work completed, accrued leave, and other benefits as applicable.
The final working day for the Employee shall be [Final Work Day], after which the Employee will not be expected to perform duties unless otherwise agreed.
Both parties agree to the terms of a Non-Disclosure Agreement, ensuring that sensitive company information remains confidential even after the termination of employment.
The parties agree that this termination does not preclude the possibility of future employment within the organization, should opportunities arise in alignment with the Employee’s skills and interests.
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
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