Settlement Agreement After Dismissal Template for India

1. Non-Disparagement: Mutual obligations not to make negative statements about each other, used when there's potential reputational risk

2. Reference: Terms regarding future employment references, included when agreed as part of settlement

3. Continuing Cooperation: Terms for employee's assistance in handover or future inquiries, used when knowledge transfer is important

4. Non-Competition: Post-employment competition restrictions, included if not covered in original employment agreement

5. Benefits Continuation: Details of any continued benefits post-termination, used when applicable

6. Legal Advice: Acknowledgment of receiving independent legal advice, recommended for high-value settlements

7. Severability: Clause ensuring partial invalidity doesn't void entire agreement, used in complex settlements

8. Amendment Clause: Process for modifying agreement terms, included in complex settlements

1. Schedule 1 - Payment Breakdown: Detailed breakdown of settlement amount components (basic pay, gratuity, leave encashment, etc.)

2. Schedule 2 - Company Property List: Itemized list of company property to be returned

3. Schedule 3 - Employee Benefits Summary: Summary of benefits and their treatment post-termination

4. Appendix A - Original Employment Agreement: Copy of the original employment agreement for reference

5. Appendix B - Resignation Letter: Copy of the employee's resignation letter or termination notice

6. Appendix C - Handover Document: List of pending work items and handover instructions

7. Appendix D - Statutory Declaration: Required statutory declarations under Indian law