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Employee Resignation Agreement
"I need an Employee Resignation Agreement for a senior software developer in a fintech company in Lagos, Nigeria, who will be joining a competitor, so it needs strong confidentiality and non-compete clauses, with the resignation effective from March 15, 2025."
1. Parties: Identification of the employer and the resigning employee
2. Background: Brief context of the employment relationship and the decision to resign
3. Definitions: Key terms used throughout the agreement
4. Resignation and Effective Date: Formal statement of resignation and the last day of employment
5. Notice Period: Details of the notice period being served or waived
6. Final Payment and Benefits: Breakdown of final salary, benefits, and any outstanding payments
7. Company Property: Requirements for returning company property and documents
8. Confidentiality Obligations: Ongoing duties regarding confidential information
9. General Release: Mutual release of claims between parties
10. Governing Law: Specification of Nigerian law as governing law
11. Execution: Signature blocks and execution details
1. Handover Requirements: Used when there are specific projects or responsibilities that need formal handover
2. Non-Competition: Include when there are legitimate business interests to protect through non-compete provisions
3. Non-Solicitation: Include when protecting against solicitation of employees or customers is necessary
4. Outstanding Loans: Include if there are any company loans or advances to be settled
5. Training Bond: Include if there are any training bonds or commitments that need to be addressed
6. Reference Policy: Include when specifying arrangements for future employment references
7. Intellectual Property Rights: Include when the employee has been involved in creating IP during employment
8. Survival of Previous Agreements: Include when certain provisions from previous agreements should remain in effect
1. Schedule 1 - Final Payment Calculation: Detailed breakdown of final salary, benefits, deductions, and any other financial settlements
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Handover Checklist: Detailed list of tasks, documents, and responsibilities to be handed over
4. Appendix A - Benefits Summary: Summary of benefits and their treatment post-resignation
5. Appendix B - Confidential Information: Specific definition and examples of confidential information
Authors
Banking and Finance
Technology
Manufacturing
Oil and Gas
Telecommunications
Professional Services
Healthcare
Education
Retail
Construction
Agriculture
Mining
Media and Entertainment
Transportation and Logistics
Real Estate
Human Resources
Legal
Finance
Operations
Information Technology
Sales
Marketing
Research and Development
Administration
Customer Service
Product Development
Business Development
Engineering
Quality Assurance
Corporate Communications
Chief Executive Officer
Managing Director
Department Manager
Senior Executive
Technical Specialist
Software Developer
Financial Analyst
Sales Manager
Account Manager
Project Manager
Human Resources Manager
Operations Manager
Research Scientist
Legal Counsel
Marketing Director
Business Development Manager
Administrative Officer
Engineer
Product Manager
Customer Service Representative
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