Employee Final Release

Employee Final Release :

This Letter should be written in The Letter-Pad of the Company.

IN CONSIDERATION of the payment to me of the sum of TWO DOLLARS ($2.00), receipt of which is hereby acknowledged, I, [NAME OF EMPLOYEE SIGNING RELEASE], on behalf of myself, my heirs, administrators and assigns (hereinafter collectively referred to as the Releasor) hereby release and forever discharge [NAME OF EMPLOYER], its parent, subsidiaries and affiliates and each of its and their respective officers, directors, employees, servants and agents, and their successors and assigns (hereinafter collectively referred to as the Releasee) jointly and severally from any and all actions, causes of action, contracts andcovenants, whether express or implied, claims and demands for damages, indemnity, costs, interest, loss or injury of every nature and kind whatsoever arising, which I may heretofore havehad, may now have or may hereinafter have and without limiting the generality of the foregoing, all claims in any way relating to the hiring of, theemployment by or the termination of employment of the Releasor by the Releasee and I hereby specifically covenant, represent and warrant to the Releasee that I have no further claim against the Releasee for or arising out of my employment or cessation of employment which specifically includes but is not limited to any claims for notice, payin lieu of notice, wrongful dismissal, severance pay, bonus, overtime pay, incentive compensation, interest, vacation pay or any claims under any employment or human rights legislation.

AND FOR THE SAID CONSIDERATION I further covenant and agree to save harmless and indemnify the Releasee from and against all claims, charges, taxes or penalties and demands which may be made by any governmental authority requiring the Releasee to pay any recognized federal, provincial and local taxing authorities in respect of income tax payable by me in excess of the income tax previously withheld.

IT IS UNDERSTOOD AND AGREED that the giving of the aforementioned consideration is deemed to be no admission of liability on the part of the said Releasee, said liability in fact beingdenied.

IN WITNESS WHEREOF I have hereunto executed this Release by affixing my hand and seal on [DATE OF SIGNING OF RELEASE], in the presence of the witness whose signature is subscribed below.

Date :

Witness :



Employee Final Release

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Letter Offering Discount
Letter Related to Advertisement
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Letter to A Foreign Buyer
Letter to Pen-Friend
Letter to Police
Letter with Order
Letter with Quotation
Letter Writing
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Letters by Clubs and Societies
Letters by Landlords & Tenants
Letters for Appointment of Dealers
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Letters for Buying and Selling
Letters for Credit & Collection
Letters for Foreign Travel
Letters for Lease & Tenancy
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Letters for Transfer & Assignment
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Letters Noting Discrepancy
Letters of Condolence & Sorrow
Letters of Regret
Letters Regarding Maintenance
Letters Regarding Payment
Letters Related to Employees
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Letters to The Editor
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