The Employee Exit Agreement is a crucial document used in New Zealand employment contexts when formalizing the termination of employment relationships, whether through mutual agreement, redundancy, or other circumstances. It provides a legally binding framework that addresses all aspects of the employment separation, including financial settlements, ongoing obligations, and mutual releases. The agreement must comply with New Zealand employment law, particularly the Employment Relations Act 2000, Privacy Act 2020, and other relevant legislation. It serves to protect both employer and employee interests by clearly documenting agreed terms, preventing future disputes, and ensuring all statutory obligations are met. This document is particularly important in scenarios involving senior employees, sensitive positions, or complex termination arrangements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the employer and employee entering into the agreement
2. Background: Brief context of the employment relationship and reason for the exit agreement
3. Definitions: Defines key terms used throughout the agreement
4. Termination Date: Specifies the official end date of employment and final working day
5. Final Payment: Details of final salary, holiday pay, and other entitlements
6. Company Property: Requirements for return of company property and equipment
7. Confidentiality: Ongoing obligations regarding confidential information
8. Mutual Release: Mutual release of claims between parties
9. Tax Treatment: Clarification of tax treatment of payments
10. Execution: Signature blocks and execution requirements
1. Garden Leave: Used when employee is required to serve notice period away from workplace
2. Post-Employment Restrictions: Include when non-compete or non-solicitation provisions are required
3. Reference: Include when agreed form of reference is to be provided
4. Outplacement Support: Used when company is providing career transition services
5. Share Options/Benefits: Include when addressing treatment of existing share options or benefits
6. Communications: Used when parties agree on specific announcement of departure
7. Legal Advice: Include when employee has received independent legal advice
8. Ongoing Cooperation: Used when employee's assistance may be needed post-employment
1. Schedule 1 - Final Payment Calculation: Detailed breakdown of all final payments including salary, holiday pay, and other entitlements
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Agreed Form of Reference: Template of agreed reference letter if applicable
4. Appendix A - Confidential Information: Detailed description of what constitutes confidential information
5. Appendix B - Post-Employment Restrictions: Detailed terms of any non-compete or non-solicitation provisions
Find the exact document you need
Release Of Contract (Real Estate)
A New Zealand-compliant legal document that terminates and releases parties from their obligations under an existing real estate contract.
Download
Real Estate Contract Termination
A New Zealand legal document that terminates a real estate sale and purchase agreement, outlining termination terms and mutual releases between parties.
Download
Cancellation Agreement (Real Estate)
A New Zealand-compliant agreement that formally terminates a real estate sale and purchase contract, outlining cancellation terms and mutual releases.
Download
Ending Lease Agreement Letter
A formal letter compliant with New Zealand property law that officially notifies the intention to terminate a lease agreement and outlines the termination process.
Download
Letter Of Cancellation Of Contract
A formal notice under New Zealand law to terminate an existing contractual agreement, specifying termination details and effective date.
Download
Termination Of Contract Letter To Employer
A formal notice document under New Zealand employment law for an employee to terminate their employment contract with their employer.
Download
Termination Of Contract Letter To Employee
A formal letter compliant with New Zealand employment law that notifies an employee of their employment termination and outlines key termination details.
Download
Tenancy At Will Termination
A New Zealand-compliant notice for terminating a tenancy at will arrangement, suitable for both residential and commercial properties.
Download
License Termination
A New Zealand-compliant agreement that formally terminates a license arrangement between parties, outlining cessation terms and post-termination obligations.
Download
Periodic Tenancy Termination
A New Zealand-compliant notice document for terminating a periodic residential tenancy agreement under the Residential Tenancies Act 1986.
Download
Termination Of Shareholders Agreement
A New Zealand law-governed document that formally terminates an existing Shareholders Agreement and settles all related obligations between parties.
Download
Shareholder Exit Agreement
A New Zealand law-governed agreement that documents the terms and conditions for a shareholder's exit from a company, including share transfer details and post-exit obligations.
Download
Service Contract Termination Letter
A legally compliant New Zealand document for formally terminating service contracts between business parties.
Download
Mutual Termination Of Tenancy Agreement
A New Zealand law-compliant agreement that documents the mutual consent of landlord and tenant to terminate an existing tenancy agreement early.
Download
Month To Month Tenancy Termination
A formal notice used in New Zealand to terminate a month-to-month (periodic) tenancy agreement, complying with NZ Residential Tenancies Act requirements.
Download
Rental Contract Cancellation
A New Zealand-compliant agreement for the mutual termination of a residential tenancy, covering all essential aspects of lease cancellation including final settlements and obligations.
Download
Termination Letter To An Employee
A New Zealand-compliant formal letter documenting the termination of employment, including termination terms, final payments, and post-employment obligations.
Download
Fixed Term Tenancy Termination
A New Zealand compliant notice document for terminating a fixed-term residential tenancy agreement under NZ tenancy law.
Download
Termination Of Sale Agreement
A New Zealand law-governed agreement that formally terminates an existing sale arrangement between parties, including settlement terms and mutual releases.
Download
Termination Of Property Management Agreement
A New Zealand-compliant agreement that formally terminates a property management arrangement between an owner and management company, including handover procedures and mutual releases.
Download
Termination Of Storage Agreement
A New Zealand-compliant legal document that terminates an existing storage agreement, establishing terms for unit clearance and final settlement.
Download
Real Estate Termination Agreement
A New Zealand-compliant legal agreement that terminates an existing real estate sale and purchase contract, outlining termination terms and mutual releases.
Download
Termination Of Business Contract
A New Zealand-compliant agreement for formally terminating an existing business contract, outlining termination terms, settlements, and mutual obligations.
Download
Cancellation Of Contract To Sell
A New Zealand-compliant legal document that formally terminates a contract to sell, outlining cancellation terms and mutual release of obligations.
Download
Termination Of Tenancy By Tenant
A New Zealand-compliant notice document used by tenants to formally terminate their tenancy agreement with their landlord or property manager.
Download
Termination Of License Agreement
A New Zealand law-governed agreement that formally terminates an existing license arrangement between parties, detailing termination terms and post-termination obligations.
Download
Early Termination Of Employment Contract
A mutual agreement for early termination of employment under New Zealand law, setting out termination terms, final payments, and ongoing obligations.
Download
Termination Of Land Lease Agreement
A New Zealand-compliant legal document that formally terminates a land lease agreement, specifying termination terms and property surrender conditions.
Download
Mutual Agreement To Terminate Employment
A New Zealand-compliant agreement documenting the mutual decision between employer and employee to end their employment relationship.
Download
Termination And Release Agreement
A New Zealand-compliant agreement that formalizes employment termination and provides mutual releases between employer and employee.
Download
Release Of Contract Letter
A formal document under New Zealand law that terminates contractual obligations between parties, providing legal release from specified contractual duties.
Download
Mutual Separation Agreement Employment
A New Zealand-compliant agreement documenting the mutual termination of employment, setting out separation terms and conditions agreed between employer and employee.
Download
Commercial Lease Termination Agreement
A New Zealand law-governed agreement for terminating a commercial lease, setting out termination terms and mutual obligations between landlord and tenant.
Download
Cancellation Of Purchase Agreement
A New Zealand law-compliant document that formally terminates an existing purchase agreement, outlining cancellation terms and mutual releases.
Download
Mutual Cancellation Agreement
A New Zealand law-governed agreement that formally terminates existing contracts by mutual consent of all parties, outlining termination terms and mutual releases.
Download
Joint Venture Termination Agreement
A New Zealand law-governed agreement that formally terminates a joint venture arrangement and sets out the terms for dissolving the business relationship.
Download
Termination Settlement Agreement
A New Zealand-compliant agreement that formalizes employment termination terms and mutual obligations between employer and employee.
Download
Loan Termination Agreement
A New Zealand law-governed agreement that formally terminates a loan arrangement between parties, including settlement terms and mutual releases.
Download
Employment Termination Agreement
A New Zealand-compliant agreement that formally documents the termination of employment and sets out the terms and conditions agreed between employer and employee.
Download
Tenancy Termination Letter
A formal notice under New Zealand law used to terminate a residential or commercial tenancy agreement, complying with the Residential Tenancies Act 1986.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)