Employee Termination Letter Format
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Employee Termination Letter Format:
Legal advice should be sought on this point In addition to the above items and conditional upon the signing and returning of the attached Full and Final Release, the Company is pleased to provide you with the following additional assistance: a) An additional payment equal to an additional NUMBER (X) (number of additional weeks) weeks of base salary paid through the usual means on COMPANY S REGULARLY SCHEDULED PAYROLL CYCLE OVER THE NEXT NUMBER (X) WEEKS b)
Your current benefits, with the exception of NAME (name all excluded benefits), will continue for an additional NUMBER (X) (should be the same as 6(a)) of weeks or until you obtain alternate employment or commence participation in business interest, whichever occurs first.
FULL AND FINAL RELEASE The Releasor does hereby release and forever discharge the Company, its successors, administrators, assigns, affiliates and related companies, and their directors, officers, and employees (the Released Parties ) of and from all actions, causes of action, damages, claims, cross-claims and demands whatsoever, (including all damage, loss, and injury not now known or anticipated but which may arise in the future and all effects and consequences thereof), however, and wherever arising, which the Releasor had, now has, or which the Releasor, it's heirs, administrators and assigns or any of them hereafter can, shall or may have in respect of the Releasor s employment by the Company or the termination thereof.
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