Template of the agreement for termination of the labor contract

Mondo Social Updated on 2024-01-31

Agreement on termination of labor contract

Party A(Employer):

Legal Representative:

Address:Party B(Worker): Male, ID number: ;

Address. After Party A proposes to terminate the labor contract with Party B, and through friendly negotiation with Party B, both parties agree to terminate the labor contract relationship between the two parties, and the agreement is as follows:

1. The labor contract relationship between the two parties shall be terminated from xx-xx-xx.

2. Party A shall arrange for Party B to handle the work handover matters from the effective date of this agreement, and Party B shall cooperate with Party A to complete the work handover within the day, submit the handover list, and Party A shall handle the financial settlement and issue the resignation certificate for Party B according to the company's resignation and handover proceduresOtherwise, the corresponding rights are deemed to have been waived.

3. Party A shall pay Party B a one-time fee. The fee includes alternative notice, severance and all other compensation.

4. Party B shall keep confidential to Party A, ensure that Party A's confidential information is not leaked, and shall not disseminate remarks that damage the interests and image of Party A.

5. After the implementation of Article 1 of this agreement, Party A and Party B have no economic disputes and labor disputes, nor do they have any related relationship, and Party B agrees to voluntarily assume corresponding responsibilities if the affairs it does in the name of Party A cause Party A's economic losses.

6. If both parties violate the terms of this agreement, they shall be deemed to be in breach of contract, and the party who has not breached the contract shall have the right to claim compensation for losses.

7. In the event of any dispute arising during the performance of this Agreement, the two parties shall resolve it through negotiationIf the negotiation fails, the court where Party A is located shall have jurisdiction.

8. This agreement shall be executed in duplicate, one copy of which shall be held by both parties, and the agreement shall take legal effect after being signed by both parties.

There is no text below).

Party A (signature):

Legal Representative (Signature):

Date: Party B (signed and handprinted):

Date: 2023 Post Sprint Race

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