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 Disciplinary Notice Form
Give an employee written notice of disciplinary action with this free downloadable template.
- The Notice sets out:
- the nature of the issue,
- steps to be taken to resolve it,
- consequences if the issue is not resolved,
- a space for the employee to comment on the matter.
- The Notice should be given to the employee prior to the disciplinary action being taken in order to allow the employee reasonable time to respond.
- This is a free downloadable template in MS Word format.
Employee Release of Employer
When an employee leaves your employ, protect your business against potential future claims by having him/her sign this employee release form.
- This is a general release by which the departing employee releases the employer from all claims arising from or related to the employment and termination.
- It should be signed before the employee receives his or her final paycheck.
- This form is not country-specific and can be used anywhere.
- Don't run the risk of a future lawsuit by a disgruntled ex-employee. Get every departing employee to sign the Release of Employer form before releasing their final check.
- The Employee Release form is a downloadable legal document that can be used over and over.
Letter of Immediate Termination of Employment
Dismiss an employee without notice with this Letter of Immediate Termination of Employment.
- The termination takes effect on the date of the letter.
- In lieu of notice, base salary and benefits will be paid until the end of the notice period set out in the letter.
- The employee will receive accrued vacation pay, any unpaid commissions or other compensation owing to the employee, and a Record of Employment.
- This template is fully editable and can be easily customized for your business.
- This is a generic document that can be used in many jurisdictions; however, it is important to determine what the requirements of the applicable employment laws are before using.
