Job Separation Agreement Template for Pakistan

1. Non-Competition: Restrictions on working for competitors, used when employee had access to sensitive information

2. Non-Solicitation: Restrictions on soliciting employees or customers, included for senior positions

3. References: Terms regarding future employment references, included when agreed upon

4. Ongoing Cooperation: Requirements for assistance in handover or future inquiries, used for key positions

5. Medical Benefits Continuation: Terms for extending medical coverage, included when applicable

6. Equity/Share Options: Treatment of any outstanding equity or share options, for employees with such benefits

7. Legal Fees: Provisions regarding payment of legal fees, included when employer agrees to cover costs

8. Outplacement Support: Details of any career transition services offered, included when provided

1. Schedule 1 - Payment Calculation: Detailed breakdown of final settlement amount including salary, benefits, and deductions

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

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

4. Appendix A - Confidential Information: Detailed list of confidential information and protected trade secrets

5. Appendix B - Handover Plan: Detailed plan for transitioning responsibilities and ongoing projects

6. Appendix C - Tax Calculations: Detailed breakdown of tax implications and calculations