Final Exit Letter Template for Malaysia

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Key Requirements PROMPT example:

Final Exit Letter

"I need a Final Exit Letter for a senior software engineer who is voluntarily resigning from our technology company, with their last working day on March 15, 2025, including provisions for handover of ongoing projects and return of company-issued equipment."

Document background
The Final Exit Letter is a critical document in Malaysian employment practice, issued when an employee's service with a company comes to an end, whether through resignation, retirement, or termination. This document, governed by Malaysian employment law including the Employment Act 1955 and related regulations, serves multiple purposes: it formally acknowledges the end of employment, details all final settlements and payments, confirms the return of company property, and documents compliance with clearance procedures. The Final Exit Letter is particularly important for ensuring legal compliance, preventing future disputes, and providing both parties with clear documentation of the employment termination and associated settlements. It should be issued after all exit formalities are completed but before the final settlement is processed.
Suggested Sections

1. Company Letterhead and Date: Official company letterhead with complete contact details and date of issuance

2. Employee Details: Full name, employee ID, position, and department of the departing employee

3. Exit Confirmation: Clear statement of employment termination with last working day

4. Final Settlement Details: Breakdown of final payment including salary, leave encashment, and other entitlements

5. Company Property Return: List of company properties to be returned and confirmation of return

6. Clearance Status: Confirmation of all departmental clearances

7. EPF and Tax Matters: Statement regarding EPF final contributions and tax-related documentation

8. Non-Disclosure Reminder: Reminder of continuing obligations regarding confidentiality

9. Reference Provision: Statement about providing employment references if applicable

Optional Sections

1. Outstanding Loans: Section addressing any outstanding company loans or advances, used when applicable

2. Non-Compete Clause: Reminder of non-compete obligations, included if part of original employment contract

3. Benefits Continuation: Details of any benefits that continue post-employment, used for eligible employees

4. Exit Interview Reference: Reference to completed exit interview, included if company policy requires

5. Retirement Benefits: Special section for retirement cases, including pension or retirement benefit details

Suggested Schedules

1. Final Settlement Calculation: Detailed breakdown of all payment components and deductions

2. Company Property Checklist: Itemized list of company properties to be returned with status

3. Department Clearance Form: Clearance signatures from various departments

4. Benefits Statement: Statement of any continuing benefits or insurance coverage

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Manufacturing

Technology

Financial Services

Healthcare

Retail

Education

Construction

Professional Services

Hospitality

Telecommunications

Energy

Transportation

Agriculture

Mining

Real Estate

Relevant Teams

Human Resources

Legal

Finance

Payroll

Compliance

Administration

Management

Corporate Secretarial

Relevant Roles

HR Director

HR Manager

Legal Counsel

Finance Manager

Payroll Manager

Compliance Officer

HR Executive

Administrative Manager

Department Manager

General Manager

HR Business Partner

Company Secretary

Chief Financial Officer

HR Administrator

Legal Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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