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Termination Acknowledgement Form for Philippines

Termination Acknowledgement Form Template for Philippines

A legally binding document used in the Philippines that formally acknowledges the termination of employment between an employer and employee. This document, governed by Philippine Labor Code and related employment regulations, serves as an official record of the employment termination, outlining the terms of separation, including final settlements, benefit computations, and mutual release of obligations. It includes provisions for the return of company property, confidentiality obligations, and relevant clearances, while ensuring compliance with local labor laws regarding separation benefits and procedural requirements.

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What is a Termination Acknowledgement Form?

The Termination Acknowledgement Form is a crucial document in Philippine employment law that formalizes the end of an employment relationship. It is typically used when an employee's service with a company concludes, whether through resignation, retirement, redundancy, or other forms of separation. The document serves multiple purposes: it confirms the termination date, acknowledges receipt of final payments and benefits, documents the return of company property, and includes a quitclaim provision. This form must comply with the Philippine Labor Code and Department of Labor and Employment (DOLE) regulations, particularly regarding separation pay, final settlement procedures, and employee clearances. It protects both employer and employee interests by clearly documenting the terms of separation and preventing future disputes.

What sections should be included in a Termination Acknowledgement Form?

1. Employee and Company Information: Details of the employee (name, employee ID, position) and the company (legal name, address)

2. Termination Details: Specific information about the termination including effective date and type of termination (resignation, redundancy, etc.)

3. Final Settlement Declaration: Statement of final payment terms including salary, benefits, and other entitlements

4. Release and Quitclaim: Statement acknowledging receipt of all entitlements and releasing the company from further claims

5. Company Property Return: Confirmation of return of all company property (equipment, documents, access cards, etc.)

6. Confidentiality Reminder: Reminder of ongoing obligations regarding confidential information

7. Acknowledgement and Signatures: Formal acknowledgement section with spaces for employee, employer, and witness signatures

What sections are optional to include in a Termination Acknowledgement Form?

1. Non-Compete Acknowledgement: Required when the employee's original contract included non-compete provisions

2. Project Handover Status: Needed for employees leaving while handling specific projects or responsibilities

3. Benefits Continuation: Required when there are continuing benefits post-termination (e.g., health insurance extension)

4. Retirement Benefits: Include when the termination is due to retirement

5. Severance Package Details: Required in cases of redundancy or company-initiated termination with severance pay

6. Certificate of Employment Request: Optional section for employees requesting a certificate of employment

What schedules should be included in a Termination Acknowledgement Form?

1. Schedule A - Final Payment Computation: Detailed breakdown of final payment including salary, pro-rated benefits, and deductions

2. Schedule B - Company Property Checklist: Itemized list of company property to be returned

3. Schedule C - Clearance Form: Department-wise clearance signatures from relevant company departments

4. Appendix 1 - Exit Interview Form: Optional form documenting the employee's exit interview responses

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
























Clauses




















Relevant Industries

Banking and Finance

Information Technology

Manufacturing

Retail

Healthcare

Education

Business Process Outsourcing

Construction

Hospitality

Telecommunications

Professional Services

Transportation and Logistics

Energy and Utilities

Real Estate

Media and Entertainment

Relevant Teams

Human Resources

Legal

Compliance

Employee Relations

Personnel Administration

Corporate Services

Labor Relations

Risk Management

Operations

Relevant Roles

HR Manager

HR Director

Legal Counsel

HR Business Partner

HR Specialist

Employee Relations Manager

Compensation and Benefits Manager

HR Operations Manager

HR Administrator

Legal Manager

Compliance Officer

Department Manager

Line Manager

Senior HR Executive

HR Coordinator

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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