Document background
The End of Service Agreement is a crucial document used in Hong Kong employment relationships to formalize the termination of employment and establish clear terms for separation. It is typically used when an employee's service is being terminated through mutual agreement, resignation, or redundancy, and requires careful consideration of Hong Kong employment laws, particularly the Employment Ordinance (Cap. 57). The document serves multiple purposes: it protects both employer and employee interests, ensures compliance with local regulations, documents all financial settlements including statutory and discretionary payments, and establishes any post-employment obligations. This agreement is particularly important in cases involving senior executives, sensitive positions, or situations where significant final payments or continuing obligations are involved.
