Resignation Agreement (Genie AI)

A Resignation Agreement (Genie AI) is a legal template that outlines the terms and conditions for the voluntary termination of an employee's employment contract with a company that utilizes artificial intelligence technology, referred to as "Genie AI". This template aims to establish a mutual understanding and agreement between the employer and the employee regarding the resignation process and any associated obligations, responsibilities, and benefits. It typically covers aspects such as the effective date of resignation, notice period, transition responsibilities, terms of severance pay or benefits, confidentiality obligations, non-compete clauses, return of company property, and release of liability. The Resignation Agreement (Genie AI) provides a legally binding framework for both parties to bring the employment relationship to a formal and amicable end, addressing any specific considerations related to the use of AI technology in the workplace.