Termination of executive (optional clause)

Termination of executive (optional clause)

Regular price $7.00

This clause is designed for inclusion in the employment contract for senior employees. The clause provides for information in relation to the termination of a senior employee’s employment, or executive’s employment, with notice or payment in lieu.

For an employment agreement, see the separate precedent collection, including the “Basic employment agreement (short form)” and “Basic employment agreement (long form)”. Clauses should be adapted to ensure consistence of terminology, particularly in relation to defined terms.

This document has been authored for Lexis Nexis by Brooke Pendlebury, Principal, Pendlebury Workplace Law, Sydney.

This document is prepared with the assistance of Specialist Editor Justine Turnbull, Partner, Seyfarth Shaw Australia.