The Termination Acknowledgement Form is a crucial document used in Malaysian employment relationships when an employment contract is being terminated, whether by mutual agreement, resignation, or employer-initiated termination. This document serves as an official record under Malaysian employment law, particularly complying with the Employment Act 1955 and related regulations. It provides documentary evidence of the termination terms, protecting both employer and employee interests by clearly stating the final settlement details, return of company property, and any continuing obligations. The form should be used whenever an employment relationship is formally concluded, ensuring all necessary legal requirements are met and helping prevent future disputes by documenting the parties' mutual understanding of the termination terms.
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1. Employee and Employer Information: Full legal names, identification details, and addresses of both the employer and employee
2. Employment Details: Position held, employment duration, and reference to original employment contract
3. Termination Details: Effective date of termination, reason for termination (if mutually agreed to be stated), and reference to termination notice
4. Final Settlement: Confirmation of final salary, outstanding benefits, and any other payments due
5. Return of Company Property: List of company properties to be returned and confirmation of return
6. Release and Waiver: Mutual release of claims and obligations, subject to terms specified in the form
7. Acknowledgment: Employee's confirmation of understanding and voluntary acceptance of termination terms
1. Non-Compete Acknowledgment: Reference to existing non-compete obligations, used when the original employment contract contains non-compete clauses
2. Confidentiality Reminder: Restatement of ongoing confidentiality obligations, used when employee had access to sensitive information
3. Reference Agreement: Terms regarding future employment references, used when both parties agree on reference provisions
4. Post-Employment Benefits: Details of any continuing benefits or insurance coverage, used when applicable
5. Exit Interview Reference: Reference to completed exit interview, used when an exit interview is part of the termination process
6. Rehire Eligibility: Statement about eligibility for future employment, used when company policy requires this clarification
1. Schedule A - Final Payment Breakdown: Detailed calculation of final payment including salary, unused leave, and other benefits
2. Schedule B - Company Property Checklist: Itemized list of company property to be returned with confirmation of receipt
3. Schedule C - Benefits Summary: Summary of any post-employment benefits or insurance continuation details
4. Appendix 1 - Relevant Employment Contract Clauses: Reference to specific clauses from the employment contract that remain in effect post-termination
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