Document background
The Contract Release Letter is a crucial document in Austrian employment law, used when both employer and employee agree to terminate their employment relationship. It serves as a formal record of the separation terms and helps prevent future disputes by clearly documenting all aspects of the termination agreement. This document is particularly important in Austria due to specific legal requirements under the AVRAG and ABGB, which require explicit documentation of employment terminations. The letter typically includes confirmation of the termination date, final payment details, mutual releases, and any continuing obligations. It's commonly used during amicable separations, corporate restructuring, or when both parties wish to document their agreement to end the employment relationship with clearly defined terms and conditions.
