Final Settlement (Mukhālaṣa Nihāʾiyya)

FINAL SETTLEMENT (مخالصة نهائية)

Employer: Employer name​ Employee: Employee name​ Last working day: Last working day

This final settlement is a de-facto standard document of Saudi business practice, closing out all sums due between the parties on termination of the employment relationship; on standard practice, the settlement is paid within roughly 2 weeks of the last working day. A waiver of amounts below the statutory minimum owed under the Labor Law is void even if signed by the employee.

1. AMOUNTS DUE 1.1. Outstanding salary: Outstanding salary​. 1.2. Unused leave payout: Unused leave payout​. 1.3. End-of-service award (see EOSB calculation sheet): End-of-service award​. 1.4. Other entitlements (bonuses, commissions, overtime owed): Other entitlements​. 1.5. Deductions (advances, loans, documented damages): Deductions​.

2. TOTAL 2.1. Total payable: Total payable​. 2.2. Payment date: Payment date. Payment method: Payment methodBank transferMudad (WPS).

3. NO FURTHER CLAIMS 3.1. No-further-claims statementEmployee confirms no further claimsDisputed — see notes 3.2. Unsettled final accounts can block the Employer's HRSD operations for other employees — settle promptly and keep this record on file.

SIGNATURES Employer ______________ Employee ______________ / Employee name​ / Date: Employee signature date