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Termination By Agreement

Termination By Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Termination By Agreement

"I need a Termination by Agreement document under UAE law for immediate termination effective January 15, 2025, including standard confidentiality provisions and end of service benefits calculation."

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Document background
The Termination By Agreement document is used when both employer and employee mutually agree to end their employment relationship in the United Arab Emirates. This document is essential for ensuring compliance with UAE Labor Law (Federal Decree-Law No. 33 of 2021) and protecting both parties' interests during the termination process. It should be used when there is a mutual understanding to end employment amicably, requiring documentation of the agreed terms including termination date, financial settlements, end-of-service benefits, and ongoing obligations. The agreement typically includes provisions for confidentiality, property return, and mutual releases, while ensuring all calculations and settlements align with UAE labor regulations. This document is particularly important in the UAE context where proper documentation of employment termination is crucial for visa cancellation, final settlement processing, and maintaining clear records for labor authorities.
Suggested Sections

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

2. Background: Brief context of the employment relationship, original employment date, and mutual decision to terminate

3. Definitions: Definitions of key terms used throughout the agreement

4. Termination Date: Clear specification of the last day of employment

5. Settlement of Dues: Details of final salary, end-of-service gratuity, and other entitlements

6. Return of Company Property: Requirements for returning company assets, documents, and equipment

7. Confidentiality: Ongoing obligations regarding confidential information

8. Full and Final Settlement: Confirmation that the settlement represents full and final settlement of all claims

9. Release and Waiver: Mutual release from claims and liabilities

10. Governing Law: Confirmation of UAE law as governing law and jurisdiction

Optional Sections

1. Ongoing Projects Handover: Include when there are specific projects or responsibilities that need formal handover

2. Non-Competition: Include if enforcing existing non-compete provisions post-termination

3. References: Include if parties agree on the nature and content of future employment references

4. Intellectual Property Rights: Include if there are specific IP matters to address

5. Post-Termination Assistance: Include if employee agrees to provide assistance after departure

6. Immigration Status: Include for expatriate employees regarding visa cancellation and status

7. Benefits Continuation: Include if any benefits continue post-termination

Suggested Schedules

1. Schedule 1 - Financial Settlement Calculation: Detailed breakdown of all financial entitlements and calculations

2. Schedule 2 - Company Property Register: List of all company property to be returned

3. Schedule 3 - Outstanding Matters: List of any pending matters requiring resolution

4. Appendix A - Handover Checklist: Detailed checklist for handover of responsibilities and materials

5. Appendix B - Confidential Information: Specific list of confidential information and materials covered by confidentiality obligations

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Banking & Financial Services

Technology

Real Estate

Construction

Healthcare

Retail

Manufacturing

Professional Services

Education

Hospitality

Energy

Transportation & Logistics

Media & Entertainment

Telecommunications

Relevant Teams

Human Resources

Legal

Compliance

Corporate Secretariat

Employee Relations

Talent Management

Operations

Finance

Administration

Relevant Roles

HR Manager

Legal Counsel

HR Director

Chief Human Resources Officer

Employment Lawyer

HR Business Partner

Compliance Officer

HR Administrator

Department Manager

Senior HR Executive

Legal Manager

Company Secretary

HR Operations Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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