DEED OF RELEASE
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DEED OF RELEASE
A Deed of Release on termination of employment is a legal document that formalises the end of an employment relationship and outlines the terms and conditions agreed upon by both the employer and the employee. This deed typically includes mutual releases of claims, meaning both parties agree not to pursue any further legal action against each other related to the employment or its termination. It provides closure and legal protection for both sides.
A Deed of Release on Termination of Employment is a general release on termination of employment due to redundancy. Employee acknowledges acceptance of terms of redundancy. Employee undertakes to: return all property, maintain confidentiality and acknowledges they have had the opportunity to consider the package and obtain independent legal advice.
This Deed of Release on Termination of Employment is 2 pages long and includes gst.
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