Document background
The Mutual Severance Agreement is a crucial document used in Belgian employment law when an employer and employee mutually agree to terminate their employment relationship. This document is particularly relevant in situations where both parties wish to achieve an amicable separation while ensuring legal compliance and protecting their respective interests. The agreement must adhere to strict Belgian legal requirements regarding severance calculations, notice periods, and social security implications. It typically includes comprehensive details about financial compensation, ongoing obligations, and releases, while ensuring compliance with sector-specific collective bargaining agreements. The document is especially important in scenarios involving senior executives, redundancies, or organizational restructuring, where clear documentation of agreed terms is essential for risk management and future reference.
