tiktok成人版

Resignation And Release Agreement for Malaysia

Resignation And Release Agreement Template for Malaysia

A comprehensive legal document governed by Malaysian employment law that formalizes the voluntary termination of employment between an employer and employee. This agreement outlines the terms of resignation, including the effective date, final compensation, benefits settlement, and mutual release of claims. It ensures compliance with Malaysian Employment Act 1955 and related legislation while providing legal protection for both parties by clearly defining post-employment obligations, confidentiality requirements, and terms of separation. The document serves as a complete record of the separation terms and helps prevent future disputes by including specific provisions for final settlements and mutual releases.

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Resignation And Release Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Resignation And Release Agreement?

The Resignation And Release Agreement is a critical document used in Malaysian employment contexts when an employee voluntarily terminates their employment relationship. It becomes particularly relevant in situations involving senior executives, sensitive positions, or when a clean break between parties is desired. The agreement, governed by Malaysian employment law including the Employment Act 1955 and Contract Act 1950, serves multiple purposes: it formally documents the resignation terms, outlines final compensation and benefits, addresses the return of company property, maintains confidentiality, and provides mutual releases to prevent future claims. This comprehensive document is especially important in scenarios where there might be sensitive information involved, significant final settlements, or potential future business impacts to consider.

What sections should be included in a Resignation And Release Agreement?

1. Parties: Identification of the employer and employee entering into the agreement

2. Background: Context of the employment relationship and reason for entering into this agreement

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

4. Resignation: Details of the resignation including effective date and notice period

5. Final Payment and Benefits: Breakdown of final salary, unused leave, and other entitlements

6. Release and Waiver: Mutual release of claims between parties

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

8. Confidentiality: Ongoing obligations regarding confidential information

9. Non-Disparagement: Agreement not to make negative statements about each other

10. Governing Law: Specification of Malaysian law as governing law

11. Entire Agreement: Confirmation that this document represents the complete agreement between parties

What sections are optional to include in a Resignation And Release Agreement?

1. Post-Employment Restrictions: Non-compete and non-solicitation clauses, used when protecting business interests is crucial

2. Reference Letter: Terms regarding the provision of employment references, included when agreed upon

3. Continuing Obligations: Any ongoing duties or obligations post-employment, used when relevant

4. Medical Benefits Extension: Details of extended medical coverage if offered

5. Transition Assistance: Terms for knowledge transfer and handover, used for senior positions

6. Tax Indemnity: Tax-related provisions, included when significant payments are involved

7. Rehire Eligibility: Statement about future employment eligibility, used when specifically agreed

8. Surviving Family Benefits: Provisions for family benefits if applicable, used for long-serving employees

What schedules should be included in a Resignation And Release Agreement?

1. Schedule 1 - Final Payment Calculation: Detailed breakdown of all final payments including salary, bonuses, and other benefits

2. Schedule 2 - Company Property List: Comprehensive list of company property to be returned

3. Schedule 3 - Continuing Benefits: Details of any benefits that continue post-employment

4. Appendix A - Release Claims: Specific list of claims being released by both parties

5. Appendix B - Confidential Information: Detailed description of what constitutes confidential information

6. Appendix C - Handover Checklist: List of tasks and documents to be handed over before departure

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 | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Document Type

Release Agreement

Cost

Free to use
Relevant legal definitions























Clauses

























Relevant Industries

Banking and Financial Services

Technology

Manufacturing

Professional Services

Healthcare

Education

Retail

Construction

Telecommunications

Energy and Utilities

Transportation and Logistics

Media and Entertainment

Hospitality and Tourism

Real Estate

Relevant Teams

Human Resources

Legal

Finance

Operations

Information Technology

Sales

Marketing

Research and Development

Administration

Executive Leadership

Product Development

Customer Service

Corporate Communications

Compliance

Relevant Roles

Chief Executive Officer

Managing Director

Department Head

Senior Manager

Project Manager

Software Engineer

Financial Analyst

HR Manager

Sales Director

Operations Manager

Technical Lead

Account Manager

Research Scientist

Legal Counsel

Marketing Manager

Product Manager

Business Development Executive

Department Supervisor

Administrative Officer

Senior Consultant

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Hold Harmless Letter For Vehicle Release

A Malaysian legal document that releases liability and provides indemnification in vehicle release situations, governed by Malaysian transport and contract law.

find out more

Waiver Indemnification Agreement

A Malaysian law-governed agreement combining waiver of rights and indemnification provisions to manage risk and liability between contracting parties.

find out more

Sports Indemnity Form

A Malaysian-compliant legal form for sports risk acknowledgment and liability waiver, protecting both organizers and participants in sporting activities.

find out more

Release Of Covenant

A Malaysian legal document that removes previously registered property restrictions or obligations under Malaysian property law.

find out more

Model Release Agreement

A Malaysian law-governed agreement establishing terms for the use of a model's photographs and likeness, protecting both model and photographer/client rights.

find out more

Release And Covenant Not To Sue

A Malaysian law-governed agreement that releases specified claims and prevents future legal actions, providing a formal resolution to disputes or potential claims.

find out more

Co Performer Release Agreement

A Malaysian law-governed agreement that facilitates the release of co-performer rights to the main performer or production company.

find out more

Press Release Agreement

A Malaysian-law governed agreement establishing terms for press release services, including creation, approval, and distribution processes between an organization and service provider.

find out more

Release For Personal Injury Form

A Malaysian law-compliant document that settles personal injury claims by releasing liability in exchange for compensation.

find out more

Release From Contract Agreement

A Malaysian law-compliant agreement that formally releases parties from their contractual obligations and settles any outstanding matters.

find out more

Release Of Liability Waiver Form

A Malaysian law-compliant document where participants waive their right to sue for potential injuries or damages during specified activities.

find out more

Waiver Of Rights Agreement

A Malaysian law-governed agreement documenting the voluntary surrender of specific legal rights or claims by one party to another, ensuring compliance with local contract law requirements.

find out more

Waiver And Release Of Non Compete Obligations

A Malaysian law-governed agreement releasing an individual from existing non-compete obligations with their former employer.

find out more

Testimonial Agreement

A Malaysian law-governed agreement setting terms for providing and using testimonials or endorsements, ensuring legal compliance and protecting both parties' interests.

find out more

Resignation And Release Agreement

A Malaysian law-governed agreement documenting employment termination terms, final settlements, and mutual release of claims between employer and employee.

find out more

Resignation Agreement And General Release

A Malaysian law-governed agreement documenting employment termination terms and mutual release of claims between employer and employee.

find out more

Contract And Release

A Malaysian law-governed agreement combining contractual obligations with release provisions, used for settling disputes or managing liabilities.

find out more

Simple Release Agreement

A Malaysian law-governed agreement that formally documents the release of claims, rights, or obligations between parties.

find out more

Insurance Hold Harmless Agreement

A Malaysian law-governed agreement establishing insurance requirements and indemnification obligations between parties, combining hold harmless provisions with specific insurance coverage requirements.

find out more

Debt Waiver Agreement

A Malaysian law-governed agreement documenting a creditor's formal waiver of their right to collect a specified debt from a debtor.

find out more

Agreement Not To Sue

A Malaysian law-governed agreement where one party agrees not to pursue legal action against another party regarding specific claims or disputes.

find out more

Simple Waiver Of Liability Form

A Malaysian-law compliant liability waiver form that enables organizations to manage risk through participant acknowledgment and acceptance of activity-related risks.

find out more

Release And Settlement Of Claim

A Malaysian law-governed agreement that formalizes the settlement of claims between parties, providing a binding resolution to disputes.

find out more

Settlement Release Letter

A Malaysian law-governed document that formalizes dispute settlement terms and provides legal release of claims between parties.

find out more

Release From Tenancy Agreement

A Malaysian law-compliant agreement that formally terminates a tenancy agreement and releases parties from their future obligations.

find out more

Media Release Agreement

A Malaysian law-governed agreement that authorizes and regulates the use and distribution of media content while protecting the rights of all parties involved.

find out more

Lease Termination Letter 60 Days

A formal 60-day notice document for terminating a lease agreement under Malaysian law, providing essential details for ending a tenancy arrangement.

find out more

Talent Release Agreement

A Malaysian law-compliant agreement authorizing the use of an individual's likeness, performance, or creative contribution in various media formats.

find out more

Rental Agreement Termination Letter

A formal notice for terminating rental agreements in Malaysia, compliant with Malaysian property law and tenancy regulations.

find out more

Release And Waiver Of Liability Form

A Malaysian law-compliant document where participants waive their right to sue for potential injuries or damages during specified activities, providing legal protection to businesses and organizations.

find out more

Release And Indemnification Form

A Malaysian law-governed document combining release of liability and indemnification provisions to protect parties against potential claims and risks.

find out more

Release Of Guarantee Agreement

A Malaysian law-governed agreement that releases and discharges a guarantor from their obligations under an existing guarantee.

find out more

Parent Guardian Release And Indemnity Agreement

A Malaysian law-compliant agreement where parents/guardians release an organization from liability and provide indemnity regarding their child's participation in activities.

find out more

Equipment Rental Release Form

A Malaysian law-compliant document establishing terms, conditions, and liability releases for equipment rental arrangements between rental companies and renters.

find out more

Apartment Lease Termination Letter

A formal notice document used in Malaysia to terminate an apartment lease agreement, complying with Malaysian property law requirements.

find out more

Partnership Release Agreement

A Malaysian law-governed agreement that formally dissolves a partnership and provides mutual release of claims between partners.

find out more

Mutual Release Agreement Employment

A Malaysian law-governed mutual release agreement that facilitates the termination of employment relationships through reciprocal releases of claims between employer and employee.

find out more

Interview Release Agreement

A Malaysian law-governed agreement that establishes terms for recording, using, and distributing interview content while protecting both parties' interests.

find out more

Liability Indemnity Agreement

A Malaysian law-governed agreement establishing indemnification terms between parties, defining protection scope and claims procedures.

find out more

Personal Release Agreement

A Malaysian law-governed agreement establishing the release of rights, claims, or permissions between parties, providing legal protection and clarity for all involved.

find out more
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