Business Protection Agreement for Departing Employee
Employers, ensure that each departing employee signs this Business Protection Agreement upon their termination or resignation.
This Business Protection Agreement is designed to safeguard the interests of employers when an employee's tenure ends, whether through termination or resignation. Employers should require each departing employee to sign this Business Protection Agreement at the time of their termination or resignation.
The agreement outlines essential obligations for departing employees to ensure the ongoing security and integrity of the employer's business operations.
Confidentiality Obligation
By signing the agreement, the employee agrees not to disclose any confidential business information belonging to the employer. This provision helps protect proprietary data, trade secrets, and other sensitive materials from unauthorized dissemination.
Non-Competition Obligation
The departing employee agrees not to engage in any business activities that directly compete with the employer’s business for a designated period following their departure. This restriction is intended to prevent former employees from leveraging insider knowledge to gain an unfair competitive advantage.
Non-Solicitation Commitment
Additionally, the employee commits to refraining from soliciting the employer's staff or customers with the intent to induce them to leave or transfer their business. This clause helps maintain the stability of the employer’s workforce and customer relationships.
Jurisdiction and Format
This agreement template is suitable for use in multiple jurisdictions, as it does not include any country-specific language. It is available in Microsoft Word format for ease of customization and implementation.
Employee Termination Letter Due to Health Conditions
Terminating an employee due to ongoing illness is a difficult decision. This template Termination Letter can help you through the process.
- A termination of this type would only be appropriate if there is little likelihood that the employee will ever fully recuperate and be able to return to work.
- This letter template is a free downloadable MS Word form.
- A termination for reasons of illness may not be allowable under the labor laws in your area. Check with local and federal authorities before using.
Employee Termination Letter for Cause | Canada
Terminate an employee with this template Termination for Cause letter for Canadian employers.
- The Termination Letter states the reason(s) that the employee is being terminated.
- There are several severance options listed in the template which the employee can choose between:
- continuation of employee benefits for a specified period of time,
- paid relocation counseling,
- a lump sum payout or continuation of severance pay for a fixed number of months.
- The form also includes a Business Protection Agreement to be signed by the employee prior to receiving the final paycheque.
- Available as a fully editable MS Word template which you can download, customize with your details, and use over and over.
- Governed by Canadian labour laws and intended to be used only in Canada.