Mutual Agreement Resignation for the Netherlands

Mutual Agreement Resignation Template for Netherlands

A Mutual Agreement Resignation document under Dutch law (vaststellingsovereenkomst) is a formal agreement between an employer and employee to terminate the employment relationship by mutual consent. This document outlines the terms and conditions of the separation, including the termination date, financial arrangements, and ongoing obligations. It must comply with Dutch employment law requirements, including the mandatory 14-day reflection period, and typically covers aspects such as severance payments, final settlements, handling of company property, and confidentiality obligations. The agreement serves as a legally binding document that provides clarity and protection for both parties while ensuring compliance with Dutch labor regulations.

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What is a Mutual Agreement Resignation?

A Mutual Agreement Resignation document is used when both employer and employee in the Netherlands agree to end their employment relationship consensually. This type of agreement, known in Dutch as a 'vaststellingsovereenkomst', provides a structured and legally compliant way to document the termination terms while protecting both parties' interests. It is particularly useful in situations where a clean break is desired, or when restructuring occurs without cause for dismissal. The document must adhere to strict Dutch employment law requirements, including the mandatory 14-day reflection period during which the employee can revoke their consent. It typically includes comprehensive details about financial settlements, transition payments, final salary calculations, benefit arrangements, and ongoing obligations. This agreement is often preferred over unilateral termination as it generally preserves the employee's rights to unemployment benefits while providing the employer with certainty against future claims.

What sections should be included in a Mutual Agreement Resignation?

1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration numbers

2. Background: Brief description of the employment relationship, including start date, position, and mutual decision to terminate

3. Definitions: Definition of key terms used throughout the agreement

4. Termination Date: Specific date when employment relationship will end and confirmation of mutual consent

5. Reflection Period: Mandatory clause about the 14-day reflection period under Dutch law during which the employee can revoke consent

6. Final Settlement: Details of final salary, holiday pay, and other regular remuneration up to the termination date

7. Severance Payment: Details of any severance or transition payment (transitievergoeding) including amount and payment timing

8. Company Property: Arrangements for returning company property and handling of digital assets

9. Confidentiality: Ongoing obligations regarding confidential information

10. Full and Final Settlement: Mutual release of claims and confirmation that the agreement represents full settlement

11. Execution: Signature blocks and date of agreement

What sections are optional to include in a Mutual Agreement Resignation?

1. Garden Leave: Include when the employee will be placed on garden leave until the termination date

2. Reference: Include when parties agree on the content and format of future employment references

3. Post-Employment Restrictions: Include when existing or new non-compete, non-solicitation clauses will continue to apply

4. Medical Insurance: Include when there are specific arrangements regarding continuation or termination of medical benefits

5. Share Options/Benefits: Include when addressing the treatment of outstanding share options or other benefits

6. Legal Fees: Include when the employer agrees to contribute to the employee's legal costs

7. Tax Indemnity: Include when specific tax arrangements or indemnities are needed

8. Communications: Include when parties agree on internal/external communications about the departure

What schedules should be included in a Mutual Agreement Resignation?

1. Schedule 1 - Financial Statement: Detailed breakdown of all financial payments including final salary, severance, and benefits

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

3. Schedule 3 - Continuing Obligations: Details of any post-employment obligations that survive termination

4. Appendix A - Existing Employment Contract: Copy of the original employment contract for reference

5. Appendix B - Legal Notice of Reflection Period: Mandatory information about the reflection period in accordance with Dutch law

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Netherlands

Publisher

Genie AI

Cost

Free to use
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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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