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Release - Termination of Employment

Release - Termination of Employment

This Release - Termination of Employment template has 1 page and is an MS Word file.
 
Every employer in Ontario is subject to various provisions of the Employment Standards Act as well and rules established in the common law.
When terminating an employee, the employer must provide termination notice under the Act and might be liable to pay severance pay under the common law.
The best practice is to offer a reasonable termination compensation to an employee in exchange to the release letter, which will protect the employer from future claims by the employee.
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