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A Deed of Release (Redundancy) is to be used upon the termination of an employee. This deed is to be signed by the employee, finalising all outstanding issues between the employer and employee. This Deed of Release (Redundancy) will allow you to cover any final payments, releases, confidentiality and warranties by the terminated employee. This deed will also allow you to deal with future issues smoothly, such as contractual claims or claims arising out of the termination of employment.
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?
- Confidentiality; and
- A warranty by the terminated employee.
Other names for Deed of Release (Redundancy) include:
- Deed of Termination.
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