{"componentChunkName":"component---src-templates-blog-post-ts","path":"/overview-of-resignation-release-and-waiver/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"2d2d68cd-51f7-5609-b743-2c42f6c0c722","excerpt":"What is this document? A Resignation, Release and Waiver is a legal document where one party agrees to resign from their position, and waive any present or…","html":"<h3>What is this document?</h3>\n<p>A <strong>Resignation, Release and Waiver</strong> is a legal document where one party agrees to resign from their position, and waive any present or future claims against the other party.</p>\n<h3>When would I use this document?</h3>\n<p>A Resignation, Release and Waiver can be used where an <strong>employee</strong> is resigning from a company, or a <strong>director</strong> is resigning from a board of directors.</p>\n<h3>Who signs this document?</h3>\n<p>A Resignation, Release and Waiver is signed by the party who is resigning.</p>\n<h3>More details about this document</h3>\n<p>A Resignation, Release and Waiver is a document signed by an employee or a director of a company when they resign from their position. The purpose of the document is to ensure that an employee or director will not bring a claim against the company.</p>\n<p>The document is a <em>one-sided</em> document, in favour of the company from which the employee or director is resigning. Some Resignation, Release and Waivers can be drafted in relation to separate documents, such as a <strong>termination letter</strong> or a <strong>share purchase agreement</strong>.</p>\n<h3>What are the core elements of this document?</h3>\n<p>The core elements of a Resignation, Release and Waiver include: Release of Claims, Waiver of Liability, and Independent Legal Advice.</p>\n<p>Additional clauses could include: Enurement, Entire Agreement and Precedence of Agreements.</p>\n<h3>Related Documents</h3>\n<ul>\n<li><strong>Nondisclosure/Confidentiality Agreement</strong> - an agreement that protects confidential information.</li>\n<li><strong>Contractor/Consulting/Services Agreement</strong> - this type of agreement can have various names, and is used when a person is paid to provide services but is not hired as an employee. Payment can be flexible eg. money, shares or some other form of compensation.</li>\n<li><strong>Employment Agreement</strong> - an agreement that sets out the terms of an employment relationship.</li>\n<li><strong>Termination Agreement</strong> - an agreement used to terminate another agreement.</li>\n</ul>","frontmatter":{"title":"Overview of Resignation, Release and Waiver","date":"March 30, 2017","description":"A Resignation, Release and Waiver is a legal document where one party agrees to resign from their position, and waive any present or future claims against the other party.","author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal","bio":"Rajah Lehal is Founder and CEO of Clausehound.com.  Rajah is a legal technologist and technology lawyer who is, together with the Clausehound team, capturing and sharing lawyer expertise, building deal negotiation libraries, teaching negotiation in classrooms, and automating negotiation with software.","image":{"childImageSharp":{"fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1,"src":"/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg","srcSet":"/static/d7bbad08c257f3987a4a5710553e9e17/2b9ee/Rajah.jpg 80w,\n/static/d7bbad08c257f3987a4a5710553e9e17/e5d64/Rajah.jpg 160w,\n/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg 320w,\n/static/d7bbad08c257f3987a4a5710553e9e17/6e63d/Rajah.jpg 400w","sizes":"(max-width: 320px) 100vw, 320px"}}}},"tags":["Rajah","Contract Overviews","Resignation Release &amp; Waiver"]}}},"pageContext":{"slug":"/overview-of-resignation-release-and-waiver/","previous":{"fields":{"slug":"/overview-of-marketing-and-collaboration-agreement/"},"frontmatter":{"title":"Overview of Marketing and Collaboration Agreement","tags":["Collaboration","Rajah","Contract Overviews"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}},"next":{"fields":{"slug":"/overview-of-intellectual-property-licensing-agreement/"},"frontmatter":{"title":"Overview of Intellectual Property Licensing Agreement","tags":["Rajah","Contract Overviews","Intellectual Property Licensing Agreement"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}}}}}