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The content of a deed between an employer (company) and (former) employee (or injured worker) need not only be restricted to a release from actual or potential claims. There is a wide range of matters that can potentially form the content of a deed.eeds of release, within the context of normal employment, are commonly used to finalise contentious (read: quarrelsome, disputed, highly controversial, most often litigious !) matters between employers and (former) employees.
The employer may also give the employee a check made payable to the employee's insurance company, which the employee must remit to his insurance provider. The employer has the option of making the check jointly payable to the employee and the insurance company. If the employer complies with the requirement to obtain proof from the employee that he used the funds to purchase health insurance, the payments are not taxable income.