The Termination Addendum is essential for properly documenting the end of an employment relationship under Irish law. It is typically used when an employer and employee have agreed to terminate an existing employment contract, or when termination is necessary due to redundancy, performance issues, or other legitimate business reasons. The document must carefully consider Irish employment legislation, including notice periods, statutory entitlements, and procedural requirements. The addendum serves to protect both parties by clearly documenting the termination terms, final payments, surviving obligations, and mutual releases. It should be customized based on the specific circumstances of the termination while ensuring compliance with Irish employment law requirements and any relevant industry-specific regulations.
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1. Parties: Identification of all parties to the addendum, matching those in the original agreement
2. Background: References to the original agreement being terminated, including date and nature of agreement, and brief context for the termination
3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement that remain applicable
4. Termination Date: Clear specification of when the original agreement will terminate
5. Termination Terms: Core terms of the termination including notice period compliance and any immediate actions required
6. Final Payments: Details of any final payments, including salary, benefits, or other entitlements up to the termination date
7. Mutual Release: Release of claims between parties, subject to any surviving obligations
8. Surviving Provisions: Identification of which provisions from the original agreement survive termination
9. Return of Property: Requirements for return of company property, documents, and data
10. Governing Law: Confirmation that Irish law governs the addendum
11. Execution: Signature blocks and execution formalities
1. Redundancy Payments: Required if termination is due to redundancy, specifying statutory and any enhanced redundancy payments
2. Non-Compete Obligations: Include if original agreement contained post-termination restrictions that need to be specifically addressed
3. Confidentiality: Include if specific confidentiality obligations need to be reinforced or modified
4. Garden Leave: Include if employee will be placed on garden leave during notice period
5. Settlement Terms: Include if termination is part of a settlement of disputes
6. Reference: Include if parties agree on terms of future employment references
7. Legal Advice: Include if requirement for independent legal advice needs to be documented
1. Schedule 1 - Company Property: Itemized list of company property to be returned
2. Schedule 2 - Final Payment Calculation: Detailed breakdown of all final payments including salary, benefits, and any statutory payments
3. Schedule 3 - Surviving Obligations: Detailed list of specific clauses from original agreement that survive termination
4. Appendix A - Original Agreement: Copy of the original agreement being terminated
5. Appendix B - Statutory Rights Notice: Standard form notice of statutory rights under Irish employment law
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