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The Early Release From Notice Period agreement is a crucial document used in Pakistani employment contexts when an employee and employer mutually agree to terminate the standard notice period earlier than originally required. This document becomes necessary when circumstances require a faster exit process, such as the employee securing immediate employment elsewhere or the employer agreeing to waive the full notice period. It must comply with Pakistani employment legislation, particularly the Industrial and Commercial Employment (Standing Orders) Ordinance, 1968, and the Contract Act, 1872. The agreement typically includes provisions for final settlements, handover procedures, continuing obligations, and mutual releases, ensuring a clear and legally compliant framework for early employment termination.

1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration/identification numbers

2. Background: Brief context including original employment details, current notice period requirements, and reason for early release request

3. Definitions: Key terms used in the agreement including 'Early Release Date', 'Original Notice Period', 'Final Settlement', etc.

4. Early Release Terms: Specific details of the early release arrangement, including the agreed-upon last working day

5. Final Settlement: Details of final salary, benefits, and any other payments due to the employee

6. Handover Requirements: Specific requirements for handover of work, documents, and company property

7. Confidentiality: Confirmation that existing confidentiality obligations continue to apply post-employment

8. Full and Final Settlement: Mutual acknowledgment that all obligations are settled between parties

9. Governing Law: Confirmation that the agreement is governed by Pakistani law