[{"id":"55ead40b-c6cf-4656-a5dd-f84355740939","order":1,"text":"[Company Name]","fontSize":"20","textAlign":"center","bold":true,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"3ad3306f-63bc-4e4b-bf11-0ff97044d081","order":2,"text":"(CIN: [Corporate Identity Number] | PAN: [Company PAN] | GSTIN: [Company GSTIN])","fontSize":"11","textAlign":"center","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true},{"id":"6fb41ac4-646a-406e-a1ba-6473229f215a","order":3,"text":"[Registered Office Address]","fontSize":"11","textAlign":"center","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"7aea32d3-e13d-4f29-95bd-140dd663dd0d","order":4,"text":"Ref: [Reference Number]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true},{"id":"4d21d98b-0dd0-4391-912b-6c5a782ae5b6","order":5,"text":"Date: [Date of Letter]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"cf279ef0-41bf-4b44-9b81-e33780c4a11b","order":6,"text":"PRIVATE & CONFIDENTIAL","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"390f2fa6-df16-4395-99b2-1d6b718c123c","order":7,"text":"To,","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true},{"id":"3d2d7f9f-6f53-4508-badb-f5504e7c0c60","order":8,"text":"[Employee Full Name]
[Designation]
[Residential Address]
Employee Code: [Employee Code]
PAN: [Employee PAN]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"f1b903a9-796d-48a6-9090-1eb2ef136b35","order":9,"text":"Subject: Full and Final Settlement of Dues consequent upon cessation of employment","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"25a4be15-2d2c-4dab-96d4-be5c69e9797f","order":10,"text":"Dear [Employee Name],","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"12","cflou":false,"active":true},{"id":"e535d45e-50d2-471a-8fbb-9df761c70063","order":11,"text":"We refer to your employment with [Company Name] (hereinafter referred to as the "Company"), which you joined on [Date of Joining] in the capacity of [Designation], bearing Employee Code [Employee Code]. This letter records the full and final settlement of all amounts due to and from you in connection with your employment and its cessation, and is issued pursuant to the terms of your appointment and applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"12","cflou":false,"active":true},{"id":"4ff48e77-1ce3-46a0-970a-09d949068615","order":12,"text":"Your employment with the Company stands ceased with effect from the close of business on [Last Working Day] (the "Separation Date"), pursuant to your resignation dated [Date of Resignation], which has been duly accepted by the Company.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"12","cflou":false,"active":true,"displayConditions":[{"field":"ec427128-fa59-4df8-abb0-f3e1b2139051","value":"resignation","type":"add","operator":"="}]},{"id":"f3de7ecb-8271-4c2a-a26b-b0461adf5ab1","order":13,"text":"Your employment with the Company stands ceased with effect from the close of business on [Last Working Day] (the "Separation Date"), pursuant to the Company's notice of termination dated [Date of Termination Notice], issued in accordance with the terms of your appointment and applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"12","cflou":false,"active":true,"displayConditions":[{"field":"ec427128-fa59-4df8-abb0-f3e1b2139051","value":"termination","type":"add","operator":"="}]},{"id":"3dfd152f-ee62-43ed-b735-06adc3df09e7","order":14,"text":"For the purposes of this letter: (a) "Dues" means all salary, wages, allowances, leave encashment, gratuity, bonus, incentives, reimbursements and any other amounts payable by the Company to you; (b) "Recoveries" means all amounts payable by you to the Company; and (c) "Separation Date" means the last working day specified above up to which your Dues have been computed.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"8d821b78-fe4b-40a3-908c-61880c7c3921","order":15,"text":"1. CESSATION OF EMPLOYMENT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S01"},{"id":"101a4fac-ca60-4706-8418-e8a87e7f05d5","order":16,"text":"Your relieving date / last working day with the Company is recorded as the Separation Date, namely [Last Working Day]. The applicable notice period under your terms of appointment is [Contractual Notice Days] day(s). Your Dues and statutory benefits have been computed up to and including the Separation Date. This letter, upon mutual signature and payment of the net amount set out below, evidences the complete discharge of all financial obligations between you and the Company arising out of or in connection with your employment.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"5ce9eeb4-45a6-47c2-ac20-1ca987cdb121","order":17,"text":"2. STATEMENT OF EARNINGS / AMOUNTS PAYABLE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S02"},{"id":"e238e218-89e1-4879-af16-366311b85189","order":18,"text":"The following amounts (the gross Dues, "A") are payable to you, computed on a gross basis and subject to the Recoveries set out in the Section entitled "Statement of Deductions and Recoveries" below:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"04654a3d-697c-48cb-8d77-484a77301598","order":19,"text":"(a) Salary for the period from [Salary Period From] to [Salary Period To] (final month, computed on a pro-rata basis for [Days Worked] day(s) worked): INR [Final Salary Amount] (Rupees [Final Salary in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"ca555f19-26ed-4969-a41d-7945d60b12bc","order":20,"text":"(b) Encashment of unutilised earned / privilege leave: [Leave Days Encashed] day(s) encashable at the applicable rate, amounting to INR [Leave Encashment Amount] (Rupees [Leave Encashment in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"21a4f9c7-3b5a-41bd-9ded-ae124b100cfb","value":"1","type":"add","operator":"="}]},{"id":"ea4e2047-ef66-4760-97d9-039c6279c8be","order":21,"text":"(c) Gratuity in respect of your continuous service of [Years of Service] completed year(s), payable under the Payment of Gratuity Act, 1972, computed in accordance with the statutory formula (last drawn monthly salary × 15 / 26 × number of completed years of service) and subject to the statutory ceiling of INR 20,00,000 prescribed under Section 4(3) thereof: INR [Gratuity Amount] (Rupees [Gratuity in Words] only). This amount is exempt from income tax to the extent permitted under Section 10(10) of the Income-tax Act, 1961.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"52db462b-2d13-43a4-a43d-7e59f03ca6df","value":"1","type":"add","operator":"="}]},{"id":"e8ecc36d-2f41-4870-9081-70ab532af0ea","order":22,"text":"(d) Statutory bonus payable under the Payment of Bonus Act, 1965 (where applicable), and/or performance bonus and incentives accrued under the Company's incentive policy: INR [Bonus / Incentive Amount] (Rupees [Bonus / Incentive in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"d75bd293-9963-4c53-b88f-fe1c5019b6e7","value":"1","type":"add","operator":"="}]},{"id":"15798222-9844-4ef3-a297-e23ed87fc2f1","order":23,"text":"(e) Reimbursement of approved business expenses and claims outstanding as on the Separation Date: INR [Reimbursement Amount] (Rupees [Reimbursement in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"f533a3dc-3b29-41cf-93a9-5667f7589133","value":"1","type":"add","operator":"="}]},{"id":"762fdcff-5483-4ac0-a148-d11d88da316f","order":24,"text":"(f) Pay in lieu of the unserved portion of the notice period ([Notice Days Paid] day(s)), payable by the Company to you: INR [Notice Pay Amount] (Rupees [Notice Pay in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"4e5ee269-3f64-4983-90ff-6e345cd8a128","value":"payinlieu","type":"add","operator":"="}]},{"id":"1aee0771-d383-4cea-8725-3cb32c924fe6","order":25,"text":"Total Gross Amount Payable (A): INR [Total Gross Amount] (Rupees [Total Gross in Words] only).","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"b41a2cbc-67f7-4de2-b80a-2eda227b5b4a","order":26,"text":"3. STATEMENT OF DEDUCTIONS AND RECOVERIES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S03"},{"id":"a0079e2c-6366-4775-9779-333522a35ff9","order":27,"text":"The following Recoveries (the total deductions, "B") are recoverable from you and have been adjusted against the gross amount payable:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f48afcfb-ba5f-46c0-9107-7917befab095","order":28,"text":"(a) Tax deducted at source (TDS) on taxable components, in accordance with Section 192 of the Income-tax Act, 1961: INR [TDS Amount] (Rupees [TDS in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"b75495a7-6634-420d-b8b6-d6b2856e05e7","order":29,"text":"(b) Statutory deductions towards the employee's share of Provident Fund and, where applicable, Employees' State Insurance: INR [Statutory Deductions] (Rupees [Statutory Deductions in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"ae27171f-4211-4ab8-ad68-e278f95527a1","order":30,"text":"(c) Recovery in respect of the unserved portion of the notice period ([Notice Days Recovered] day(s)), in accordance with the terms of your appointment: INR [Notice Recovery Amount] (Rupees [Notice Recovery in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"4e5ee269-3f64-4983-90ff-6e345cd8a128","value":"recovery","type":"add","operator":"="}]},{"id":"300751e5-856a-45bf-a7a7-e84ffe6bfeae","order":31,"text":"(d) Recovery of outstanding loan(s) / salary advance(s) granted to you by the Company: INR [Loan / Advance Recovery] (Rupees [Loan / Advance in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"d3486f07-30a0-4378-97ad-fa7aaa65aa28","value":"1","type":"add","operator":"="}]},{"id":"be7c4436-d3da-4bbc-b4d4-2c0632601f2e","order":32,"text":"(e) Recovery towards Company property / assets not returned or returned in a damaged condition, as detailed in the Company's records: INR [Asset Recovery Amount] (Rupees [Asset Recovery in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"6236312e-1ef0-4e13-b323-044fd173c1bd","value":"1","type":"add","operator":"="}]},{"id":"a7fe43f2-82a4-44f1-ab4b-a21ab375e5bb","order":33,"text":"(f) Other recoveries ([Description of Other Recovery]): INR [Other Recovery Amount] (Rupees [Other Recovery in Words] only).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"f0c0b343-6fd5-450c-ab8d-7b80db6c05fe","value":"1","type":"add","operator":"="}]},{"id":"72d69fdd-0c5e-40b2-9066-e39c4d1d1d44","order":34,"text":"The Company reserves the right to set off and adjust any of the foregoing Recoveries, and any other sum lawfully due from you, against the gross Dues payable to you.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"d72884de-69b8-4cc9-8ab2-795eed610524","value":"1","type":"add","operator":"="}]},{"id":"866d1d8d-ccb7-4a7a-90fb-65459c0b5d70","order":35,"text":"Total Deductions and Recoveries (B): INR [Total Deductions] (Rupees [Total Deductions in Words] only).","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"6c812e2d-1f9c-4beb-a49e-9d73c0f45c98","order":36,"text":"4. NET AMOUNT PAYABLE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S04"},{"id":"fd9ad166-64c2-4dd2-a47a-bd0f9d8885b1","order":37,"text":"The net amount payable to you in full and final settlement (A less B) is INR [Net Settlement Amount] (Rupees [Net Settlement in Words] only).","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7cab3745-59bb-4073-a904-1fe56c2192ec","order":38,"text":"The said net amount shall be remitted to your bank account bearing Account Number [Bank Account Number] with [Bank Name] (IFSC: [IFSC Code]) on or before [Payment Date] by way of electronic transfer. Payment of the said sum shall constitute the complete and final discharge of all monetary obligations of the Company towards you, in accordance with the timelines prescribed under the Code on Wages, 2019, and the rules made thereunder.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"595b165c-2258-41a2-8951-e33f986c1f95","order":39,"text":"5. TAXATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S05"},{"id":"2ffe28d4-dc0d-46bf-98dc-f940aebd59a6","order":40,"text":"All amounts set out in this letter are stated on a gross basis and are subject to deduction of tax at source as applicable. You shall remain solely responsible for your personal income-tax liability and for the filing of your income-tax return, and you shall indemnify the Company against any additional tax, interest or penalty arising from any incorrect declaration made by you.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"f5e139ff-0679-432a-8014-fbd0f62bb063","order":41,"text":"6. PROVIDENT FUND, ESI AND STATUTORY COMPLIANCES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S06"},{"id":"46d4cf74-13c5-41ad-9cc3-d07a75a8920c","order":42,"text":"Your accumulated balance in the Employees' Provident Fund (UAN: [Universal Account Number]) may be withdrawn or transferred by you directly through the EPFO portal in accordance with the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. The Company shall update the date of exit in the EPFO and, where applicable, ESIC records, and shall provide reasonable assistance for the completion of the relevant formalities.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"053ebd8c-d11d-4754-a3a4-1248f0631d33","order":43,"text":"7. FORM 16 / TDS CERTIFICATE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"375e9bce-aef1-412c-b47c-d8603200a537","value":"1","type":"add","operator":"="}],"sectionNum":"S07"},{"id":"c9417898-7158-429e-a044-a9de40343821","order":44,"text":"The Company shall issue to you Form 16 in respect of tax deducted at source for the relevant financial year, within the timelines prescribed under the Income-tax Act, 1961, and the rules made thereunder, to enable you to file your income-tax return.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true,"displayConditions":[{"field":"375e9bce-aef1-412c-b47c-d8603200a537","value":"1","type":"add","operator":"="}]},{"id":"24fc282e-708c-4382-8beb-29beec615d42","order":45,"text":"8. NO-DUES CLEARANCE AND RETURN OF COMPANY PROPERTY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"c9ce4402-c288-4c30-aa0c-95a72cb11965","value":"1","type":"add","operator":"="}],"sectionNum":"S08"},{"id":"fc1e2b24-bf20-4f25-baea-4d6dd21fca6b","order":46,"text":"You confirm that you have obtained, or shall obtain on or before [Clearance / Return Date], clearance from all relevant departments of the Company (including, without limitation, Information Technology, Finance, Administration and Human Resources), and that you have returned, or shall return by the said date, all property of the Company in your possession, custody or control, including but not limited to laptops, mobile devices, access cards, identity cards, documents, records and confidential information, whether in physical or electronic form. Any property not returned, or returned damaged, shall be subject to recovery as set out above.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true,"displayConditions":[{"field":"c9ce4402-c288-4c30-aa0c-95a72cb11965","value":"1","type":"add","operator":"="}]},{"id":"deddefc1-7852-4f41-ac71-05a54476cb7f","order":47,"text":"9. ISSUANCE OF RELIEVING AND EXPERIENCE DOCUMENTS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"c42621a8-5dce-4d6f-8416-c6192b357d85","value":"1","type":"add","operator":"="}],"sectionNum":"S09"},{"id":"1a390682-1e88-4cee-b8e4-a571fcf0ac30","order":48,"text":"Subject to completion of the no-dues clearance and return of Company property, the Company shall issue to you a relieving letter and an experience / service certificate recording your tenure and designation, within a reasonable period from the Separation Date.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true,"displayConditions":[{"field":"c42621a8-5dce-4d6f-8416-c6192b357d85","value":"1","type":"add","operator":"="}]},{"id":"04c527a7-234a-49b0-89ea-a59483eaccd4","order":49,"text":"10. CONFIDENTIALITY AND CONTINUING OBLIGATIONS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"0dd0f7c3-3219-490e-948f-ba1ff2ba14d6","value":"1","type":"add","operator":"="}],"sectionNum":"S10"},{"id":"0b4122b5-bfdb-47ed-a7c8-89f4d57a0a94","order":50,"text":"Notwithstanding the cessation of your employment, you shall continue to be bound by your obligations of confidentiality, non-disclosure and non-solicitation, and by your obligations in respect of the Company's intellectual property and trade secrets, as set out in your appointment letter and/or any separate agreement(s) executed by you, to the extent such obligations are valid and enforceable under applicable law. Nothing herein shall be construed as a restraint of lawful trade, profession or business contrary to Section 27 of the Indian Contract Act, 1872.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true,"displayConditions":[{"field":"0dd0f7c3-3219-490e-948f-ba1ff2ba14d6","value":"1","type":"add","operator":"="}]},{"id":"ea98cae2-22b5-48d8-a29e-9daf4d3f22f5","order":51,"text":"11. EMPLOYEE STOCK OPTIONS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"d6237564-8dbf-4997-9a5c-4eb872850e64","value":"1","type":"add","operator":"="}],"sectionNum":"S11"},{"id":"ec6d2f1d-33c9-4ef4-87a8-cc8abb824d31","order":52,"text":"You acknowledge that any stock options or other equity awards granted to you which have not vested as on the Separation Date shall stand cancelled and forfeited in accordance with the terms of the Company's employee stock option plan and the relevant grant letter(s), and that you shall have no claim in respect of such unvested awards. Any vested options shall be dealt with strictly in accordance with the said plan.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true,"displayConditions":[{"field":"d6237564-8dbf-4997-9a5c-4eb872850e64","value":"1","type":"add","operator":"="}]},{"id":"81ec5c64-7248-4730-811f-ae2c8f7d9db8","order":53,"text":"12. FULL AND FINAL DISCHARGE AND RELEASE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"c74ac6dd-2560-47ad-b8e4-3d6f53faec5c","value":"1","type":"add","operator":"="}],"sectionNum":"S12"},{"id":"bc297ad5-541c-4abd-a300-aa03b3090fb3","order":54,"text":"Upon receipt of the net amount payable set out above, you confirm and acknowledge that the same is received by you in full and final settlement of all your claims, dues and demands of whatsoever nature against the Company, whether towards salary, wages, allowances, leave encashment, gratuity, bonus, incentives, reimbursements, equity awards or otherwise, arising out of or in connection with your employment and its cessation, and that you have no further claim of any nature against the Company, its directors, officers or employees, whether before any court, tribunal or other forum. This release shall not extend to any statutory right or benefit that cannot be waived under applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true,"displayConditions":[{"field":"c74ac6dd-2560-47ad-b8e4-3d6f53faec5c","value":"1","type":"add","operator":"="}]},{"id":"76bfde78-f399-46cd-9b4b-ae1ace695dc9","order":55,"text":"13. NO ADMISSION OF LIABILITY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S13"},{"id":"bb1c0c6e-38ca-4d2f-b623-39b68992bbfe","order":56,"text":"This settlement is made by way of amicable resolution and the computation and payment recorded herein shall not be construed as any admission of liability or wrongdoing by the Company.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"3321cdc7-942d-4554-ab96-9cb80274fbec","order":57,"text":"14. DISPUTE RESOLUTION, GOVERNING LAW AND JURISDICTION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S14"},{"id":"ca0cc9f6-d5d5-4fe8-9208-74bc6bb025ff","order":58,"text":"This letter and the settlement recorded herein shall be governed by and construed in accordance with the laws of India. The parties shall first endeavour to resolve any dispute arising out of or in connection with this settlement amicably through mutual discussion and conciliation.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"9e9d570c-becb-4c76-a084-05171500108e","order":59,"text":"Failing amicable resolution, any such dispute shall be referred to and finally resolved by arbitration by a sole arbitrator, in accordance with the Arbitration and Conciliation Act, 1996. The seat and venue of arbitration shall be [Seat of Arbitration] and the language of the arbitration shall be English.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"3b4924ae-de31-482d-9c13-f1f46fe73ab9","value":"1","type":"add","operator":"="}]},{"id":"5146cf37-8dea-4ea6-8ba3-7062feddc859","order":60,"text":"Subject to the provisions of any applicable labour legislation conferring exclusive jurisdiction on a specified forum, and subject to the dispute resolution mechanism set out above, the courts at [City of Jurisdiction] shall have exclusive jurisdiction in respect of any dispute arising out of or in connection with this settlement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"9a3d31fa-2427-48dc-abdb-2a24dcd13d7e","order":61,"text":"15. GENERAL","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"sectionNum":"S15"},{"id":"3cc01522-51f0-4efb-89cd-95468081e896","order":62,"text":"(a) Entire understanding: This letter, together with the documents referred to herein, records the entire understanding between the parties in respect of the subject matter and supersedes all prior discussions and correspondence relating to the settlement of your Dues. (b) Amendment: No amendment to this letter shall be effective unless made in writing and signed by both parties. (c) Severability: If any provision of this letter is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. (d) Notices: Any notice under this letter shall be in writing and sent to the addresses recorded above. (e) Counterparts: This letter may be executed in counterparts, including by electronic means in accordance with the Information Technology Act, 2000, each of which shall be deemed an original and together shall constitute one instrument.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"6686c0b9-3f91-4d06-adb9-4eef2127b126","order":63,"text":"We thank you for your services and contribution during your tenure with the Company and wish you the very best in your future endeavours.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"b4bff174-c043-49f5-a36a-5f43b74b6d1a","order":64,"text":"For and on behalf of [Company Name],","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"01c975a5-2dd1-4139-9f05-dca54fad0e46","order":65,"text":"_____________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true},{"id":"51766011-7f6b-4003-93b6-77cacace33df","order":66,"text":"[Name of Authorised Signatory]
[Designation of Signatory]
(Authorised Signatory)","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"e33391a8-70f7-4a94-9b27-1fadc9395926","order":67,"text":"Place: [Place]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true},{"id":"ff7bf185-eea4-4838-9c1f-3a7639ed1626","order":68,"text":"Date: [Date]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"24","cflou":false,"active":true},{"id":"53dbe916-ff55-4dbb-9c4e-8e6ecf457f7e","order":69,"text":"ACKNOWLEDGEMENT AND ACCEPTANCE BY THE EMPLOYEE","fontSize":"14","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"f3ac674d-8369-418b-b9a4-84805e1d4111","order":70,"text":"I, [Employee Full Name], confirm that I have read and understood the contents of this Full and Final Settlement Letter, that the computation set out above is correct and acceptable to me, and that I accept the net amount payable in full and final settlement of all my Dues and claims against the Company. I have no further claim of any nature against the Company, whether before any court, tribunal or other forum, save for any statutory right that cannot be waived under applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"0b4ea24e-82f2-4383-a281-8e801018296a","order":71,"text":"_____________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true},{"id":"686dc9b3-e4c0-4f5a-9451-0c292b95e437","order":72,"text":"Signature of [Employee Full Name]
Date: [Date]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true}]