Document background
An Employee Termination Agreement (Aufhebungsvereinbarung) is utilized in Austria when an employer and employee mutually agree to end their employment relationship outside of standard unilateral termination procedures. This document is particularly relevant in situations where parties wish to negotiate a clean break, avoid potential disputes, or arrange terms that differ from statutory minimums while remaining compliant with Austrian labor law. The agreement typically includes comprehensive details about financial settlements, timing, ongoing obligations, and specific provisions required under Austrian jurisdiction, such as reference letter commitments and works council considerations. It serves as a crucial tool for ensuring legal certainty, protecting both parties' interests, and documenting all aspects of the employment termination in a clear and enforceable manner.
