Exit Agreement Template UK

The Exit Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, with editable and printable samples for your convenience.


Sample

Exit Agreement Template UK

Editable – Printable



Exit Agreement Template UK

1. Company Information


2. Employee Information


3. Reason for Exit

4. Exit Date and Terms

5. Final Pay and Benefits

6. Return of Company Property

7. Confidentiality and Non-Disclosure

8. References and Future Employment

9. Agreement and Acknowledgment

10. Signatures




PDF


WORD

Examples


Exit Agreement Template UK (1)
Between:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
Introduction:
This Exit Agreement outlines the terms and conditions under which the Employee will exit the employment with the Employer, effective [Exit Date].
Clause 1: Purpose of the Exit Agreement
The purpose of this agreement is to detail the responsibilities and obligations of both parties in relation to the termination of employment, including any severance pay, return of company property, and confidentiality obligations.
Clause 2: Final Compensation
The Employer agrees to provide the Employee with a final compensation package, including any outstanding salary, accrued holiday pay, and other benefits due up to the Exit Date, totaling [Amount].
Clause 3: Return of Company Property
The Employee agrees to return all company property, including but not limited to laptops, keys, and documents, on or before the Exit Date.
Clause 4: Confidentiality and Non-Disclosure
The Employee agrees to maintain confidentiality regarding any proprietary information and not to disclose any sensitive information pertaining to the Employer’s business, even after the termination of employment.
Clause 5: Governing Law
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
Exit Agreement Template UK (2)
Between:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
Introduction:
This Exit Agreement provides a framework for the Employee’s departure from the company, focusing on the mutual interests of both parties involved, effective from [Exit Date].
Clause 1: Consideration
In consideration for the Employee’s acceptance of this Exit Agreement, the Employer will provide a severance payment of [Amount] along with any unpaid salary and benefits.
Clause 2: Obligations of the Employee
The Employee agrees to fulfill all exit obligations, which include completing any outstanding work, assisting in the transition process, and attending an exit interview if required.
Clause 3: Non-Compete Clause
The Employee agrees not to engage in any business or employment that directly competes with the Employer for a period of [Duration] in the geographic area of [Area].
Clause 4: Release of Claims
The Employee agrees to waive any claims against the Employer arising from their employment, including but not limited to claims for wrongful dismissal, discrimination, or breach of contract.
Clause 5: Final Provisions
This agreement constitutes the entire understanding between the parties and supersedes all previous agreements and understandings. Amendments must be made in writing and signed by both parties.
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]

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Exit Agreement Template UK