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Going Away Letter
"I need a Going Away Letter for a senior sales director in financial services who will be joining a competitor, requiring a 3-month garden leave period starting March 1, 2025, with specific focus on client relationship protection and confidentiality provisions."
1. Letter Header: Company letterhead, date, and employee's contact details
2. Confirmation of Garden Leave: Clear statement confirming that the employee is being placed on garden leave and the effective date
3. Notice Period Details: Specification of the notice period duration and end date of employment
4. Salary and Benefits: Confirmation that regular salary and benefits will continue during the garden leave period
5. Garden Leave Obligations: Outline of employee's obligations during garden leave (not attending workplace, not contacting clients/colleagues, etc.)
6. Company Property: Instructions regarding return of company property and handling of confidential information
7. Contact Protocol: Details of how and when the employee should maintain contact with the company during the period
8. Closing and Signatures: Formal closing, signature lines for both parties
1. Bonus/Commission Arrangements: Include when there are outstanding bonus or commission payments to address
2. Handover Requirements: Include when specific project or client handover is necessary
3. International Travel Restrictions: Include for employees who frequently travel or work internationally
4. Post-Employment Restrictions: Include when there are specific non-compete or non-solicitation clauses to reference
5. Professional Membership Handling: Include when employee holds professional memberships through the company
6. Share Options/Long-term Incentives: Include when employee has share options or other long-term incentive arrangements
1. Schedule of Company Property: Detailed list of company property to be returned, including technology, access cards, and documents
2. Current Project Status Report: Overview of ongoing projects and their status for handover purposes
3. Client Contact List: List of clients/contacts the employee has been dealing with (if relevant to handover)
4. Benefits Summary: Detailed breakdown of benefits continuation during garden leave period
Authors
Financial Services
Technology
Professional Services
Banking
Insurance
Legal Services
Consulting
Pharmaceuticals
Manufacturing
Telecommunications
Media
Retail
Human Resources
Legal
Finance
Sales
Business Development
Information Technology
Research & Development
Operations
Executive Leadership
Client Services
Trading
Investment Banking
Product Development
Chief Executive Officer
Managing Director
Senior Manager
Department Head
Sales Director
Account Manager
Senior Developer
Financial Controller
Investment Banker
Trading Manager
Senior Consultant
Project Manager
Business Development Manager
Technical Lead
Research Director
Product Manager
Client Relationship Manager
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