Document background
The End of Contract Agreement is a crucial document used in Indian employment law context to formally document the termination of employment relationship between an employer and employee. It is typically used when an employment contract is being terminated, whether through resignation, retirement, mutual agreement, or other circumstances. The agreement serves multiple purposes: it documents the final settlement of all dues and benefits, ensures compliance with statutory requirements, establishes post-employment obligations, and provides mutual releases from future claims. This document is particularly important in India where employment termination is heavily regulated and requires careful documentation to ensure compliance with various labor laws and regulations. The agreement helps protect both parties' interests and provides clarity on all aspects of the employment termination.
