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Final Exit Letter For Company Template for Malaysia

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Key Requirements PROMPT example:

Final Exit Letter For Company

"I need a Final Exit Letter For Company for a senior software engineer who resigned and will complete their notice period on March 15, 2025, including provisions for unused annual leave compensation and the return of company-issued technical equipment."

Document background
The Final Exit Letter For Company is a standard business document used in Malaysian corporate practice to formalize the termination of employment relationships. It serves multiple purposes: documenting the official end date of employment, confirming final settlements and payments, acknowledging the return of company property, and reminding departing employees of any continuing obligations. This document is typically issued after resignation acceptance or termination decision and before the employee's last working day. It must comply with Malaysian employment legislation, including the Employment Act 1955, EPF Act 1991, and other relevant statutes. The letter forms part of the company's official employment records and may be required for audit purposes, tax documentation, or future reference checks. It's particularly important in ensuring clear communication and preventing future disputes regarding employment termination terms.
Suggested Sections

1. Company Letterhead and Date: Official company letterhead with complete contact details and date of issuance

2. Employee Details: Full name, employee ID, position, and department of the departing employee

3. Confirmation of Last Working Day: Clear statement of the final day of employment and effective date of termination

4. Acknowledgment of Service: Brief recognition of the employee's period of service and contribution

5. Final Payment Details: Summary of final salary, pro-rated benefits, and any other payments due

6. Company Property Return: List of company assets to be returned and confirmation of returns

7. Confidentiality Reminder: Reminder of ongoing confidentiality obligations post-employment

8. Contact Information: Details for future correspondence and reference requests

9. Signature Block: Space for authorized signatory and company stamp

Optional Sections

1. Outstanding Leave Balance: Details of any unused leave and compensation arrangements, included if applicable

2. Non-Compete Clause Reminder: Reminder of existing non-compete obligations, included if such agreement exists

3. Exit Interview Reference: Reference to completed exit interview, included if company policy requires

4. Handover Status: Confirmation of completed handover duties, included for senior positions

5. References Provision: Statement about providing future references, included if company policy allows

6. Outstanding Projects: Status of ongoing projects and handover arrangements, included for project-based roles

Suggested Schedules

1. Final Payment Breakdown: Detailed calculation of final payment including salary, benefits, and deductions

2. Company Property Checklist: Itemized list of company properties to be returned with status

3. Benefits Settlement Statement: Detailed breakdown of benefit settlements including medical, insurance, etc.

4. Statutory Payments Statement: Breakdown of EPF, SOCSO, and tax-related settlements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses


















Relevant Industries

Manufacturing

Technology

Financial Services

Retail

Healthcare

Education

Construction

Professional Services

Telecommunications

Energy

Hospitality

Logistics

Mining

Agriculture

Real Estate

Relevant Teams

Human Resources

Legal

Finance

Payroll

Compliance

Administration

Corporate Secretarial

Relevant Roles

Human Resources Manager

HR Director

HR Executive

Personnel Manager

HR Administrator

Compensation and Benefits Manager

HR Business Partner

HR Operations Manager

Employee Relations Manager

HR Coordinator

Legal Counsel

Company Secretary

Finance Manager

Payroll Manager

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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