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Employer Separation Agreement
"I need an Employer Separation Agreement under Belgian law for a senior technology executive leaving due to restructuring, with specific provisions for stock options and a 6-month non-compete clause, planned termination date March 15, 2025."
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration numbers
2. Background: Brief overview of the employment relationship, including start date, position, and mutual agreement to terminate
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Termination Date: Specific date when employment relationship ends and confirmation of last working day
5. Financial Settlement: Detailed breakdown of all financial elements including final salary, severance pay, and any other statutory payments
6. Notice Period: Details of notice period or payment in lieu of notice in accordance with Belgian law
7. Company Property: Requirements for return of company property and timeline
8. Confidentiality Obligations: Ongoing obligations regarding confidential information and trade secrets
9. Final Settlement: Confirmation that the agreement represents full and final settlement of all claims
10. Tax and Social Security: Clarification of tax and social security implications of the settlement
11. Governing Law: Confirmation that the agreement is governed by Belgian law
12. Signatures: Execution blocks for both parties and date of signing
1. Garden Leave: Include when the employee will be placed on garden leave during notice period
2. Non-Compete Clause: Include when enforcing existing non-compete provisions or establishing new ones, subject to Belgian law restrictions
3. Outplacement Services: Include when outplacement support will be provided (mandatory for employees entitled to 30 weeks notice or more)
4. Reference Provision: Include when specific arrangements about employment references have been agreed
5. Ongoing Benefits: Include when certain benefits will continue post-employment
6. Stock Options/Equity: Include when dealing with existing stock options or equity arrangements
7. Legal Fees: Include when employer agrees to contribute to employee's legal fees
8. Communications: Include when parties agree on specific internal/external communication about the separation
1. Schedule 1 - Financial Statement: Detailed breakdown of all financial payments including calculations
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Benefits Summary: Details of any benefits continuing or terminating
4. Schedule 4 - Outplacement Services: Details of outplacement support where applicable
5. Appendix A - Resignation Letter: Standard form resignation letter where applicable
6. Appendix B - Certificate of Employment: Required employment certificate under Belgian law
Authors
Financial Services
Technology
Manufacturing
Professional Services
Retail
Healthcare
Construction
Education
Telecommunications
Energy
Transportation
Media and Entertainment
Hospitality
Real Estate
Pharmaceuticals
Consumer Goods
Agriculture
Mining
Automotive
Aerospace
Human Resources
Legal
Finance
Executive Leadership
Compliance
Operations
Administration
Payroll
Employee Relations
Risk Management
Chief Executive Officer
Human Resources Director
Legal Counsel
Chief Financial Officer
Department Manager
Operations Director
Project Manager
Senior Executive
Division Head
Regional Manager
Country Manager
Managing Director
Department Head
Vice President
General Manager
Finance Director
HR Manager
Compliance Officer
Business Unit Leader
Branch Manager
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