tiktok成人版

Severance Pay Non Compete Agreement Template for United Arab Emirates

A comprehensive legal agreement governed by UAE Federal Law No. 33 of 2021 that combines severance pay provisions with non-compete restrictions for departing employees. The document outlines the terms of the employee's departure, including detailed severance calculations compliant with UAE labor law, while establishing enforceable post-employment restrictions to protect the employer's legitimate business interests. It includes specific provisions regarding geographical scope, duration (maximum 2 years under UAE law), and prohibited activities, along with confidentiality obligations and final settlement terms.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Severance Pay Non Compete Agreement?

The Severance Pay Non Compete Agreement is a critical document used in the UAE when an employment relationship is terminated and the employer wishes to protect its business interests while ensuring compliance with local labor laws. This agreement is particularly relevant in situations where employees have had access to sensitive information, key clients, or strategic business knowledge. The document must comply with UAE Federal Law No. 33 of 2021, which sets specific parameters for non-compete clauses, including a maximum duration of two years, and provides detailed requirements for end-of-service benefits calculations. It's commonly used for senior positions, technical roles, and sales positions where the employee's future employment could pose a competitive threat to the former employer.

What sections should be included in a Severance Pay Non Compete Agreement?

1. Parties: Identification of the employer and employee, including full legal names and addresses

2. Background: Brief context of the employment relationship, reason for termination, and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including 'Restricted Business', 'Territory', 'Confidential Information', etc.

4. Termination of Employment: Confirmation of employment termination date and final working day

5. Severance Payment: Details of the severance package, calculation method, payment schedule, and conditions

6. Non-Compete Obligations: Specific restrictions on post-employment activities, including duration and geographical scope

7. Non-Solicitation: Restrictions on soliciting employees, customers, or suppliers

8. Confidentiality: Obligations regarding confidential information and trade secrets

9. Return of Company Property: Requirements for returning company assets and documents

10. Tax and Legal Compliance: Provisions ensuring compliance with UAE tax and labor laws

11. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement

12. Execution: Signature blocks and execution requirements

What sections are optional to include in a Severance Pay Non Compete Agreement?

1. Garden Leave: Used when the employee is required to serve their notice period away from the workplace

2. Additional Benefits: Include when providing additional benefits beyond standard severance (e.g., health insurance extension, outplacement services)

3. Share Options/Equity: Required when dealing with existing employee share schemes or equity arrangements

4. International Implications: Include for employees with international roles or when the agreement needs to consider multiple jurisdictions

5. Training Costs Repayment: Include when there are outstanding training costs to be addressed

6. Ongoing Cooperation: Used when employee's assistance may be needed for transition or future matters

What schedules should be included in a Severance Pay Non Compete Agreement?

1. Schedule 1 - Severance Calculation: Detailed breakdown of severance pay calculation including basic salary, allowances, and other benefits

2. Schedule 2 - Restricted Territory: Detailed map or list of geographical areas covered by non-compete restrictions

3. Schedule 3 - Restricted Activities: Specific list of prohibited business activities and competitors

4. Schedule 4 - Company Property Checklist: Itemized list of company property to be returned

5. Appendix A - Acknowledgment Form: Form for employee to acknowledge receipt of final payments and return of company property

6. Appendix B - Confidential Information: Detailed list of types of confidential information covered by the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Cost

Free to use

Find the exact document you need

Simple Compensation Agreement

UAE-governed agreement establishing compensation terms and payment obligations between parties, compliant with UAE Federal Laws.

Download

Salary Agreement Contract

UAE-compliant employment contract detailing salary structure and compensation terms between employer and employee, governed by UAE Federal Labor Law.

Download

Transaction Bonus Agreement

UAE-governed agreement establishing terms for employee bonus payment upon completion of a corporate transaction.

Download

Employee Compensation Agreement

UAE-governed agreement detailing employee compensation package including salary, allowances, and benefits in compliance with UAE labor law.

Download

Employee Housing Allowance Agreement

UAE-governed agreement establishing terms and conditions for employee housing allowance payments and related obligations.

Download

Stock Appreciation Rights Agreement

UAE-governed agreement granting employees the right to benefit from stock value appreciation without share ownership, subject to UAE corporate and employment laws.

Download

Severance Pay Agreement

UAE-governed agreement outlining employee severance terms and final settlement details in compliance with UAE Labor Law.

Download

Employee Incentive Agreement

A UAE-compliant agreement establishing terms and conditions for employee performance incentives and bonus schemes.

Download

Stock Grant Agreement

A UAE-governed agreement documenting the terms and conditions of company share grants to employees, including vesting schedules and compliance with local corporate and securities laws.

Download

Severance Pay Non Compete Agreement

UAE-governed agreement combining severance pay terms with non-compete restrictions for departing employees, compliant with Federal Law No. 33 of 2021.

Download

Employee Bonus Agreement

UAE-compliant agreement setting out terms and conditions for employee bonus payments, including calculation methods and eligibility criteria.

Download

Hiring Bonus Agreement

UAE-governed agreement specifying hiring bonus terms, conditions, and repayment provisions for new employees.

Download

Commission Pay Agreement

UAE-governed agreement establishing commission-based compensation terms between employer and employee/agent, outlining payment structure and performance requirements.

Download

Deferred Salary Agreement

UAE-governed agreement establishing terms for deferring employee salary payments in compliance with UAE Labor Law and Wage Protection System requirements.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it