Employment Termination Agreement Template for India

1. Non-Compete Clause: Restrictions on future employment with competitors (used for senior positions or when employee had access to sensitive information)

2. Non-Solicitation: Restrictions on approaching company's employees or clients (typically for sales or senior roles)

3. Reference Letter: Terms regarding the provision of employment references (when agreed as part of separation)

4. Continuation of Benefits: Details of any benefits extending beyond termination date (for negotiated exits or senior positions)

5. Stock Options/Share Treatment: Handling of outstanding stock options or shares (for employees with equity compensation)

6. Outplacement Services: Provision of career transition support (typically for senior roles or redundancy situations)

7. Intellectual Property Rights: Specific IP-related provisions (for technical or creative roles)

8. Legal Fee Reimbursement: Terms for covering employee's legal consultation fees (for senior executive agreements)

1. Schedule A - Calculation of Final Settlement: Detailed breakdown of all payment components including salary, gratuity, bonus, and leave encashment

2. Schedule B - List of Company Property: Comprehensive list of all company assets to be returned

3. Schedule C - Employee Benefits Statement: Details of benefits status and treatment post-termination

4. Schedule D - Confidential Information: Specific list of confidential information and trade secrets covered under confidentiality obligations

5. Appendix 1 - Statutory Declarations: Required declarations under various Indian labor laws

6. Appendix 2 - Release Form: Standard format for release of claims