SAMPLE SEPARATION AGREEMENT AND RELEASE

SAMPLE SEPARATION AGREEMENT AND RELEASE This SEPARATION AGREEMENT and RELEASE ("the AGREEMENT "), is made and entered into by and between [INSERT EMPLOYEE NAME], residing at [INSERT EMPLOYEE A DDRES S, CITY, COUNTRY] (" the Employee" ), ac ting on behalf of [himself/herself], and [INSERT EMPLOYING ENTITY], acting on behalf of itself and its parents, affiliates, subsidiaries, and related companies, including, without limitation, [INSERT RELEVANT CORPORATE ENTITIES], and [GLOBAL HOLDING COMPANY] and its subsidiaries, affiliates, and related companies ("the Company"). [INSERT WHEREAS CLAUSE(S) AS REQUIRED FOR LOCAL JURISDICTION] 1. The AGREEMENT shall not in any way be construed as an admission on the part of the Company that it wrongfully or in any manner or fashion whatsoever violated any law or obligation to the Employee. The Company specifically denies that it has violated any law or obligation relating to its employment of the Employee and to the Employee's SEPARATION from such employment.

smooth transition of duties to the Employee's successor or other personnel of the Company. 2 ... directors, officers, shareholders, agents, attorneys, insurers, and employees, past and ... tort, statutory or common law, including, without limitation, wrongful discharge, breach of implied or express contracts, ...

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  Other, Creditors, Common, Statutory, Duties, Common law

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