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Separation Letter
"I need a Separation Letter for a senior executive in Hong Kong who will be leaving due to redundancy effective March 15, 2025, including garden leave provisions and special arrangements for their unvested stock options."
1. Letterhead and Date: Company letterhead, date, and employee's contact details
2. Opening and Confirmation of Termination: Formal opening, reference to previous discussions if any, and clear statement of employment termination
3. Last Working Day: Specification of the final working day and any notice period details
4. Final Payment Details: Breakdown of final salary, unused leave, and any statutory payments
5. Company Property: Requirements for returning company property and documents
6. Confidentiality Obligations: Reminder of ongoing confidentiality obligations
7. Reference Policy: Company's approach to providing references
8. Full and Final Settlement: Statement confirming that the terms represent full and final settlement
9. Acknowledgment: Space for employee signature acknowledging receipt and acceptance
1. Garden Leave Arrangements: Used when employee is required to serve notice period away from office
2. Post-termination Restrictions: Include if there are specific non-compete or non-solicitation clauses to reference
3. Outstanding Bonus/Commission: Required if employee has pending bonus or commission payments
4. Medical Benefits Extension: Include if offering extended medical coverage
5. Share Options/Awards: Required if employee has outstanding share options or awards
6. Outplacement Support: Include if company is offering career transition services
7. Legal Fee Contribution: Include if company is contributing to legal fees for reviewing the letter
1. Schedule of Final Payments: Detailed breakdown of all final payments including salary, leave, bonuses, and statutory payments
2. Company Property Checklist: List of company property to be returned including IT equipment, access cards, etc.
3. Benefits Summary: Summary of benefit arrangements and cut-off dates
4. MPF Statement: Details of MPF (Mandatory Provident Fund) arrangements and final contributions
Authors
Employee
Effective Date
Termination Date
Final Payment
Severance Payment
Long Service Payment
Notice Period
Garden Leave
Confidential Information
Company Property
Accrued Benefits
MPF Benefits
Outstanding Entitlements
Pro-rata Bonus
Post-termination Restrictions
Non-compete Obligations
Non-solicitation Obligations
Full and Final Settlement
Statutory Entitlements
Release
Continuing Obligations
Notice Period
Final Payment
Severance
Confidentiality
Return of Property
Non-Competition
Non-Solicitation
Reference
Full and Final Settlement
Release and Waiver
Continuing Obligations
Benefits Termination
Tax Indemnity
Governing Law
Data Protection
Intellectual Property
Garden Leave
Legal Costs
Acknowledgment
Financial Services
Banking
Technology
Manufacturing
Retail
Professional Services
Healthcare
Education
Real Estate
Construction
Hospitality
Telecommunications
Insurance
Media and Entertainment
Logistics and Transportation
Human Resources
Legal
Compliance
Employee Relations
Corporate Secretariat
Risk Management
Talent Management
Operations
HR Director
HR Manager
Legal Counsel
Employment Lawyer
HR Business Partner
Compliance Officer
HR Administrator
Company Secretary
Employee Relations Manager
Benefits Administrator
HR Operations Manager
Talent Management Director
Chief Human Resources Officer
HR Specialist
Legal Manager
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