The Termination Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These formats are both modifiable and ready for printing, tailored to suit your requirements effortlessly.
Termination Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Termination Agreement 3. Effective Date of Termination 4. Reason for Termination 5. Final Compensation 6. Return of Company Property 7. Confidentiality and Non-Disclosure 8. Non-Disparagement Agreement 9. Governing Law 10. Signatures and Acceptance
PDF
WORD
Examples
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Employer’s Name]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
This Termination Agreement (“Agreement”) is entered into between [Employee’s Name] and [Employer’s Name] to formalize the terms of termination of employment, effective as of [Termination Date].
The termination of employment is due to [specific reasons such as mutual agreement, performance issues, downsizing, etc.].
The Employer agrees to provide the Employee with [amount] as the final payment, which includes any outstanding salary, accrued vacation pay, and severance, if applicable.
The Employee agrees to return all company property, including but not limited to electronic devices, documents, keys, and any other resources, by [return date].
The Employee agrees to maintain confidentiality regarding the company’s proprietary information and will not disclose any such information to third parties.
Both parties agree not to make any disparaging remarks regarding each other after the termination of the employment relationship.
This Agreement shall be governed by the laws of Canada.
[Employee’s Signature]
[Employee’s Name]
[Employer’s Signature]
[Employer’s Name]
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Employer’s Name]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
This Termination Agreement establishes the terms and conditions of the termination of employment between [Employee’s Name] and [Employer’s Name], effective [Termination Date].
The effective date of this termination shall be [Termination Date]. Both parties acknowledge this date as the end of the employment relationship.
The Employee will receive a severance payment of [amount], calculated based on their tenure with the company and as stipulated in company policy.
The Employer agrees to provide necessary documentation to assist the Employee in applying for unemployment benefits, if applicable.
The Employee releases the Employer from any claims arising from their employment or termination thereof, except for those claims that cannot be waived under applicable law.
This Agreement shall be governed by the laws of Canada, and any disputes will be resolved in accordance with these laws.
[Employee’s Signature]
[Employee’s Name]
[Employer’s Signature]
[Employer’s Name]
Printable
