Document background
The Exit Agreement is a crucial document used in Belgian employment relationships to formalize the termination of employment and establish clear terms for both employer and employee. It is typically implemented when parties mutually agree to end the employment relationship or following a unilateral termination decision. The document must comply with Belgian employment law requirements regarding notice periods, severance calculations, and mandatory provisions. Exit Agreements in Belgium often include specific provisions for social security implications, tax treatments, and post-employment obligations. The agreement serves to prevent future disputes by clearly documenting all termination conditions, financial settlements, and ongoing obligations while ensuring compliance with local regulations and industry standards.
