Confidential Separation Agreement Template for India

1. Non-Compete Clause: Restrictions on future employment - include only if previously agreed in employment contract and reasonable in scope

2. Intellectual Property Rights: Specific provisions for IP created during employment - include for technical/creative roles

3. Ongoing Projects Handover: Transition plan for unfinished projects - include if employee is leaving during critical projects

4. Reference and Communication: Terms of future references and internal/external communication about departure

5. Continuation of Benefits: Extended medical coverage or other benefits - include if offering post-termination benefits

6. Equity/Stock Options: Treatment of outstanding equity compensation - include if employee has stock options/RSUs

7. Consultancy Provisions: Terms for post-separation consulting - include if planning transition period

8. Outplacement Support: Details of career transition assistance - include if offering such support

1. Schedule A - Final Settlement Calculation: Detailed breakdown of all financial components including salary, gratuity, and other dues

2. Schedule B - Company Property Checklist: List of all company assets and documents to be returned

3. Schedule C - Benefit Details: Comprehensive list of benefits and their treatment post-separation

4. Schedule D - Confidential Information: Specific details of confidential information covered under the agreement

5. Schedule E - Outstanding Equity Details: Details of any stock options, RSUs, or other equity compensation

6. Appendix 1 - Exit Interview Form: Standard exit interview documentation

7. Appendix 2 - Handover Notes: Detailed documentation of ongoing projects and responsibilities

8. Appendix 3 - Statutory Compliance Checklist: Checklist ensuring compliance with all relevant labor laws