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Deed of Release (Redundancy)

A Deed of Release (Redundancy) can be used when you have terminated an employee due to redundancy.

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Document Overview

This precedent is a deed of release for an employer to provide to an employee whose employment has been terminated for reasons of genuine redundancy. The deed provides a release from legal actions and claims by the employee to the employer in return for compensation including an ex gratia payment, and benefits.

It contains ongoing confidentiality and non-disparagement provisions and refers directly to the ongoing post-employment restraints in the employment agreement.

There is a deed of release specific to a termination of employment that is not a redundancy and a termination of employment that may be challenged by the employee (usually at the Fair Work Commission), available separately.

Use this Deed of Release (Redundancy) if:

  • You would like to finalise all outstanding issues between you and the terminated employee.

What does the Deed of Release (Redundancy) cover?

  • Payments;
  • Releases;
  • Confidentiality; and
  • A warranty by the terminated employee.

Other names for Deed of Release (Redundancy) include:

  • Deed of Termination.

Other documents you may need:

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