Exit Agreement Template for Austria

1. Post-Contractual Non-Compete: Used for senior employees or those with access to sensitive information, specifying restrictions on future employment

2. Share Options/Equity: Required if employee has any share options or equity participation

3. Director Resignations: Necessary for employees who held corporate officer or director positions

4. Consulting Arrangement: Used when the employee will continue providing services as a consultant

5. Works Council Approval: Required when works council involvement is necessary under Austrian law

6. Outplacement Support: When the company provides career transition services

7. Insurance Continuation: Details of any post-employment insurance benefits

8. Professional Membership Fees: Handling of professional memberships and certifications

9. Pension Arrangements: Required for employees with company pension schemes

10. Legal Costs: Used when addressing payment of legal fees for agreement review

1. Schedule 1 - Payment Calculation: Detailed breakdown of all financial payments including salary, severance, and benefits

2. Schedule 2 - Company Property List: Itemized list of company property to be returned

3. Schedule 3 - Benefits Summary: Summary of benefits and their treatment post-termination

4. Schedule 4 - Outstanding Share Options: Details of any share options and their treatment

5. Appendix A - Form of Release: Formal release document if required separately

6. Appendix B - Reference Letter: Agreed form of employment reference

7. Appendix C - Resignation Letters: Template resignation letters from corporate positions if applicable

8. Appendix D - Handover Plan: Detailed plan for transitioning responsibilities