Termination Letter Template (Part 1): What is an Employee Termination Agreement

Employee Termination Letteras non-compete and non-solicitation clauses.  If
Please note that the information provided herein isthe employment relationship was already
not legal advice and is provided for informationalgoverned by a written agreement which
and educational purposes only. If you are ancontained such clauses (such as the Employment
employer or employee and need legal advice withAgreement that can be found here), it's still a
respect to employee termination,  you shouldgood practice to have the Employee
seek professional assistance (e.g. make a post onre-acknowledge these terms upon termination.
Dynamic Lawyers). We have Toronto, Ottawa,Structure of Employee Termination Letter
Hamilton, Brampton, Mississauga and other OntarioVarious terms and conditions are typically included
lawyers registered to help you.   You canin an Employee Termination Agreement, such as:
contact me directly if you need a lawyer.- Introductory clause
This is the first of a series of article posts I'm- Background information
writing about employee termination.  In this- payment by employment to Employee
article, I'll briefly discuss what is an Employee- Release of Claims by Employee
Termination Agreement and how it can be- No Claims to be made by Employee
structured.  In the next article, I'll discuss some- No Assignment of Claims by Employee
important elements of this Agreement.- No Assistance by Employee
What is an Employee Termination Letter?- No Admission of liability by Employer
An Employee Termination Agreement allows an- Non-Compete, Non-Solicitation,
Employer to terminate an individual'sNon-Disparagement
employment.  It's simply not a good idea for an- Restrictions Reasonable
Employer to end that relationship by saying to an- Injunctive Relief
Employee: "you're being let go and we'll send you- General Terms
your final pay check in the mail".  This could leadBy the way, if you need an Employment
to costly and time-consuming litigation claimsAgreement or Employee Termination Agreement,
related to things like whether the termination payyou've come to the right place.  We have both! 
was adequate, whether the method ofThe Employee Termination Agreement can be
termination was heavy-handed, or whether theused by an Employer to terminate an Employee's
Employee is able to compete against the formeremployment. It is drafted in favour of the
Employer.  To help prevent these and otherEmployer: it contains a release of liability,
types of disputes from arising, an Employersettlement of claims relating to the employment
should have an Employee Terminationand termination thereof, and includes restrictive
Agreement.  It serves two main purposes for ancovenants (e.g. non compete and non solicitation
Employer.  First, it allows the Employer to settleclauses). If you're looking for an employment
any and all real or possible disputes with theagreement, just go here.  Both sell for only $47
Employee concerning the employment andand they come with video tutorials and 2 free
termination thereof in exchange for payment. written guides (the form and the written guides
Second, it allows the Employer to require theare lawyer-prepared).
Employee to agree to restrictive covenants such