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Termination Letters: Part 5 – General Release Form

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This article is written to discuss a General Release, which is a supplemental agreement typically required when a severance payment is included in a termination and/or to remind a terminating employee of their continuous obligation to uphold any terms or conditions they agreed to during their employment with the company.

A General Release is a legal binding agreement between the employer and terminating employee which has a legal impact, as long as all the requirements outlined in the agreement are met. This protects the company from any future legal matters and future employment liability.

Since the General Release is a contract between the terminated employee and employer, it must follow the principles of contract law which cover various company policies and/or refer to other legal and government laws, regulations, and acts which protect the company such as, but not limited to:

    • Severance Payment Dollar Amount
    • Employment Standard Codes
    • Payment of Income Tax Act
    • Confidentiality
    • Non-Competition
    • Non-Disclosure
    • Defamation, Tort Laws, and Contract Laws
    • Human Rights Clause

This agreement is typically required to be signed in order for a terminating employee to receive any severance pay and/or to remind them of their continuous obligation to uphold any terms or conditions they agreed to during their employment with the company.

Below is a downloadable template of a General Release.

Now that you have been introduced to the various types of termination letters, we have provided templates for each, and you understand the purposes of each, you should feel more at ease when it comes to terminating an employee.

Download the Termination Letters: Part 5 – General Release Form.

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Visit our Resource Library for all available downloads.

If you require assistance with any of the guides, forms or templates, please contact a BIG representative.

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