Confidentiality Settlement Agreement And Deed Of Release - Free Download
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Sample deed of release - settlement before court
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Settlement Agreement and Deed of Release
This Settlement Agreement and Deed of Release is made on 30 August 2013.
Between Kim-Ly Geun (the Employee)
Tasty Food Pty Ltd t/as The Golden Goose (the Employer)
1. The Employee was employed full-time by the Employer as food and beverage attendant grade 2 on 2
2. The Employee’s employment was made redundant on 27 June 2013 (the Redundancy).
3. Without admission of liability, the Parties have agreed to fully and finally settle all matters arising out of
and in connection with the Redundancy and the Application on the terms of settlement set out in this
Settlement Agreement and Deed of Release (the Agreement).
Terms of Settlement
1. The Employee and Employer agree to fully and finally settle the matter on the following basis:
1.1. The Employer will pay to the Employee the amount of $7000 gross, taxed as
an employment termination payment, in addition to any other monies previously
paid to the Employee by the Employer.
1.2. The amount payable at 1.1 is payment to the Employee for:
1.2.1. Unpaid annual leave of $2858.64
1.2.2. Leave loading on the amount at 1.2.1 of $500.26
1.2.3. Payment in lieu of one weeks notice of $664.80
1.2.4. Redundancy pay at agreed amount of $2976.30.
1.3. The Employer within seven (7) days of the Employee and the Employer signing these terms of
settlement will pay the dollar amount specified in this Agreement.
1.4. The dollar amount specified in these terms of settlement will be paid by the Employer by electronic
funds transfer into the Employee’s nominated financial account
Statement of Service
1.5. The Employer will within seven (7) days
of the Employee and the Employer signing
this Agreement, provide the Employee with a statement of their service with the Employer, outlining the
period of service of the Employee with the Employer, the Employee’s position with the Employer and
the Employee’s duties for the Employer.
This states in detail
who the agreement
This section includes a brief description of the circumstances
of the dispute and why the agreement has been made.
This section includes the details of the agreement, including:
• any amounts that may have to be paid
• that the agreement remain confidential
• which State or Territory’s law will apply if someone breaks the agreement
This section has the
details of any payments
of money that have been
This section states that the employer will give the employee a
statement with details of their employment, and when it has
to be given by.