Dear ,
This letter confirms that your employment with ACME Resources LLC (the “Company”) will end effective . This decision is categorized as a separation.
You will be paid all wages earned through your last day of employment, including any accrued and unused paid time off to the extent required by Company policy and applicable state law. Your final paycheck will be provided in accordance with the timing required by the law of TX. The total final payment, less applicable withholdings, is anticipated to be .
Your participation in the Company’s group health plans will end on . If you are enrolled in a group health plan, you may be eligible to continue coverage at your own expense under the federal COBRA law (or applicable state continuation coverage). You will receive separate notice of your COBRA rights and election deadlines under separate cover from the plan administrator. Information regarding any vested retirement benefits will also be provided separately.
On or before your last day, please return all Company property in your possession or control, including , along with all documents, files, and materials containing Confidential Information, and any keys, access cards, and credentials. Please also provide all passwords necessary for the Company to access its systems and accounts.
Your obligations under any agreements you signed with the Company, including any confidentiality, invention assignment, non-solicitation, and (where enforceable) non-competition agreements, survive the end of your employment and remain in full force and effect in accordance with their terms and applicable law. You must continue to keep the Company’s Confidential Information confidential and must not use it for any purpose.
You may be eligible to apply for unemployment benefits through your state agency. If you have questions about your final pay, benefits, or this letter, please contact .
We wish you well in your future endeavors.
Name: Michael Yuan
Title: General Manager
Date:
Date: