Professional Documents
Culture Documents
Mutual Separation Agreement Entered Into Between Quad Occupational Health (Pty) LTD
Mutual Separation Agreement Entered Into Between Quad Occupational Health (Pty) LTD
Mutual Separation Agreement Entered Into Between Quad Occupational Health (Pty) LTD
AND
NOBOMI FUYANA
1. PREAMBLE:
1.1 In that prior to initiating retrenchment procedures, the parties agreed to part ways by means of
Mutual Separation.
2. AGREEMENT:
2.2 The total gross amount payable to the employee is R29 339,78.
2.3 The total severance package will thus be paid out when SARS gives feedback on the Tax
directive.
2.4 The payment will be made directly into the Employee’s current bank account.
2.5 The Employer will also apply for an IRP3 (a) document in order to obtain the monies as
stipulated in sub paragraph 2.1.3 Supra, tax free. The Employee understands that the
Employer has no control over SARS’s decision and will abide by their final decision.
3.1 Both parties hereby agree that they enter into this agreement out of their own volition and
behest.
3.2 This agreement constitutes a full and final settlement between the parties and no party may
discredit another in any forum whatsoever after signing this agreement.
3.3 It is thus confirmed that there are no outstanding labour and/ or civil disputes between the
parties after signifying this document.
3.4 No other document may waive the terms and conditions of this agreement.
3.5 This agreement is binding on both parties and the terms and conditions thereof must be
strictly adhered to.
3.6 By signifying this document, both parties agree that they read and understood all the terms
and conditions of this agreement and that they will abide by it accordingly.
This done and signed at ____________________, on the _______, day of ____________ 2020.
____________________ ____________________
____________________
SIGNATURE WITNESS