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Form #669Employee's Release - Breach of Employment Contract
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Employee's Release - Breach of Employment Contract (free to use)
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EMPLOYEE'S RELEASE
BREACH OF EMPLOYMENT CONTRACT
Release
executed on __________ (date), by __________________________________ (name), of
____________________________________________________ (address), here referred
to as releasor, to _______________________________________ (name), a
corporation incorporated under the laws of the State of __________________,
having its principal place of business at
____________________________________________ (address), here referred to as
company.
RECITALS
A. A certain
contract of employment was entered into between releasor and company on
__________________ (date). A copy of the contract is attached hereto and made
a part hereof.
B. Releasor
asserts that company has breached the contract in that ________________ (set
forth nature of breach), and that, as a result of such breach, releasor has
suffered damages in the aggregate amount of ____________ Dollars ($__________
), itemized as follows:
___________________________________________________________________
___________________________________________________________________
C. Company
asserts that it has not breached the contract or, in the alternative, that if
it has breached the contract, damages sustained by releasor amount to no more
than _____________________ Dollars ($__________ ).
D. Releasor
is willing to release company from all past and present claims based on the
contract, on the terms set forth herein.
RELEASE OF ALL CLAIMS
In
consideration of __________ Dollars ($___________ ) paid to releasor by
company, receipt of which is acknowledged, releasor, for _____________ (himself
or herself) and _____________ (his or her) heirs, legal representatives and
assigns, releases and forever discharges company, its successors and assigns,
of and from all claims, demands, actions and causes of action of any kind or
nature at law or in equity, based on the above-mentioned contract. This release
applies to all past and existing claims, including, without limitation, such
rights of releasor under the contract as __________
_______________________________________
(list rights of employees, including basic compensation and fringe benefits).
In witness
whereof, the parties have executed this release agreement at ___________
_____________________________
(designate place of execution) the day and year
first above
written.
____________________________ ___________________
Signature Date
____________________________ ___________________
Signature Date
(Attach
copy of employment contract)
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not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
These downloadable forms are only for personal use. Retransmission, redistribution,
or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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Keywords: Employee's Release, Breach, Employment Contract, legal forms
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