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1. Parties: Identification of the employer and employee with full legal names and addresses
2. Background: Brief history of employment relationship, current position, and mutual desire to terminate the employment relationship
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when employment relationship ends and final working day if different
5. Financial Settlement: Details of severance payment, outstanding salary, bonus, and vacation compensation
6. Company Property: Requirements and timeline for returning company property
7. Mutual Release: Mutual waiver of claims and legal rights related to employment relationship
8. Confidentiality Obligations: Ongoing obligations regarding confidential information
9. Reference Letter: Agreement to provide a qualified employment reference (Qualifiziertes Arbeitszeugnis)
10. Social Security and Tax Treatment: Clarification of social security and tax implications
11. Final Settlements: Confirmation that all mutual obligations are settled
12. Governing Law: Confirmation of German law application and jurisdiction
13. Severability: Standard clause ensuring remainder of agreement remains valid if parts are found invalid
1. Garden Leave: Used when employee is to be released from duty before termination date
2. Post-Contractual Non-Compete: Include when enforcing existing or negotiating new non-compete provisions
3. Works Council Approval: Required when works council exists and has been involved in the termination process
4. Outplacement Services: Include when company provides career transition support
5. Stock Options/Share-Based Compensation: Required for employees with equity compensation
6. Insurance Continuation: Include when discussing continuation of company insurance benefits
7. Company Pension Schemes: Required when employee participates in company pension plans
8. Ongoing Cooperation: Used when employee's assistance may be needed for transition or future matters
9. Legal Costs Contribution: Include when employer agrees to cover employee's legal consultation costs
1. Schedule 1 - Financial Settlement Calculation: Detailed breakdown of all financial components including severance, salary, bonus, and vacation pay
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Existing Confidentiality Obligations: Reference to or copy of existing confidentiality agreements that survive termination
4. Schedule 4 - Benefits Summary: Overview of treatment of various benefits post-termination
5. Appendix A - Draft Reference Letter: Agreed form of employment reference letter
6. Appendix B - Release Claims List: Specific list of claims being released by both parties
Company
Employee
Effective Date
Termination Date
Final Working Day
Garden Leave Period
Severance Payment
Confidential Information
Company Property
Claims
Works Council
Reference Letter
Outstanding Remuneration
Bonus Payment
Variable Compensation
Company Benefits
Social Security Contributions
Cooling-off Period
Group Companies
Intellectual Property Rights
Personal Data
Professional Expenses
Release
Restrictive Covenants
Settlement Sum
Statutory Entitlements
Trade Secrets
Vacation Entitlement
Working Day
Arbeitspapiere
Aufhebungsvertrag
Betriebsrat
Arbeitszeugnis
Severance Payment
Final Salary
Bonus Payments
Vacation Compensation
Benefits Termination
Company Property Return
Confidentiality
Non-Compete
Non-Solicitation
Mutual Release
Reference Letter
Data Protection
Social Security
Tax Treatment
Garden Leave
Intellectual Property
Post-Employment Cooperation
Legal Costs
Works Council Approval
Company Pension
Insurance Benefits
Outstanding Claims
Share Options
Representations and Warranties
Amendment
Severability
Governing Law
Jurisdiction
Entire Agreement
Notices
Third Party Rights
Counterparts
Banking and Financial Services
Technology
Manufacturing
Retail
Healthcare
Professional Services
Telecommunications
Energy
Transportation
Construction
Education
Media and Entertainment
Hospitality
Pharmaceutical
Automotive
Real Estate
Insurance
Consumer Goods
Agriculture
Mining and Resources
Human Resources
Legal
Finance
Operations
Information Technology
Sales
Marketing
Research and Development
Administration
Production
Customer Service
Business Development
Quality Assurance
Procurement
Compliance
Chief Executive Officer
Managing Director
Department Head
Senior Manager
Project Manager
Software Developer
Sales Representative
Financial Analyst
Human Resources Manager
Marketing Specialist
Operations Manager
Research Scientist
Administrative Assistant
Production Supervisor
Account Manager
Legal Counsel
Technical Specialist
Customer Service Representative
Business Development Manager
Executive Assistant
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