A Workplace Settlement Agreement (Vaststellingsovereenkomst or VSO) is a crucial document in Dutch employment law used when an employer and employee agree to terminate their employment relationship by mutual consent. This document is particularly relevant in situations where parties wish to avoid formal dismissal proceedings through the UWV (Dutch Employment Insurance Agency) or court system. The agreement must comply with strict Dutch legal requirements, including the mandatory 14-day reflection period specified in the Work and Security Act. It typically includes comprehensive details about financial settlements, including statutory severance (transitievergoeding), additional compensation, treatment of benefits, and any post-employment obligations. The document serves as a full and final settlement of all claims between parties, providing legal certainty and protection for both employer and employee. It's essential in situations ranging from redundancies and reorganizations to performance-related departures where an amicable resolution is sought.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration numbers
2. Background: Context of the employment relationship, reason for termination, and basis for the settlement
3. Definitions: Definitions of key terms used throughout the agreement
4. Termination Date: Specific date of employment termination and last working day
5. Financial Settlement: Details of all financial compensation, including statutory severance, additional payments, and treatment of bonuses
6. Final Salary and Benefits: Treatment of final salary payment, accrued holiday pay, and outstanding benefits
7. Tax Treatment: Specification of tax treatment for various payment components
8. Company Property: Arrangements for return of company property and handling of company information
9. Confidentiality: Obligations regarding confidentiality of the agreement and company information
10. Full and Final Settlement: Mutual release of claims and waiver of rights
11. Reflection Period: Mandatory 14-day reflection period under Dutch law
12. Governing Law: Specification of Dutch law as governing law and jurisdiction
13. Signatures: Execution blocks for all parties
1. Post-Employment Restrictions: Non-compete, non-solicitation, and other post-employment restrictions (if applicable and agreed)
2. References: Agreement on the content and handling of employment references
3. Communications: Agreed statements regarding internal and external communications about the departure
4. Share Options/Securities: Treatment of any share options, RSUs, or other securities (if applicable)
5. Insurance Continuation: Arrangements for continuation or termination of insurance benefits
6. Legal Fees: Agreement on payment of legal fees for employee's counsel
7. Garden Leave: Terms of any garden leave period before final termination
8. Outplacement Support: Details of any outplacement or career transition support
9. Pension Arrangements: Special arrangements regarding pension rights or contributions
10. Works Council Provisions: Specific provisions if employee is a works council member
1. Schedule 1 - Payment Calculation: Detailed breakdown of all payment components including statutory severance calculation
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Benefits Summary: Summary of treatment of all benefits and entitlements
4. Appendix A - Reference Letter: Agreed form of reference letter
5. Appendix B - Communication Statement: Agreed form of internal/external announcement
6. Appendix C - Handover Document: Template or requirements for work handover documentation
Relevant legal definitions
Agreement
Company
Confidential Information
Effective Date
Employee
Employer
Employment Agreement
Final Settlement Amount
Garden Leave
Group Companies
Intellectual Property Rights
Last Working Day
Notice Period
Parties
Reflection Period
Release
Severance Payment
Statutory Severance (Transitievergoeding)
Termination Date
UWV
VSO
Works Council (Ondernemingsraad)
Outstanding Benefits
Company Property
Accrued Holiday Pay (Vakantiegeld)
Bonus Scheme
Restrictive Covenants
Reference Date
Settlement Sum
Surviving Provisions
Company
Confidential Information
Effective Date
Employee
Employer
Employment Agreement
Final Settlement Amount
Garden Leave
Group Companies
Intellectual Property Rights
Last Working Day
Notice Period
Parties
Reflection Period
Release
Severance Payment
Statutory Severance (Transitievergoeding)
Termination Date
UWV
VSO
Works Council (Ondernemingsraad)
Outstanding Benefits
Company Property
Accrued Holiday Pay (Vakantiegeld)
Bonus Scheme
Restrictive Covenants
Reference Date
Settlement Sum
Surviving Provisions
Clauses
Definitions
Interpretation
Termination of Employment
Final Settlement
Financial Arrangements
Payment Terms
Tax Implications
Benefits and Entitlements
Holiday Pay and Leave
Company Property
Confidentiality
Non-Disparagement
Intellectual Property
Data Protection
Non-Competition
Non-Solicitation
References
Announcements
Legal Fees
Reflection Period
Full and Final Settlement
Waiver of Claims
Cooperation
Return of Property
Continuing Obligations
Works Council Provisions
Severability
Entire Agreement
Amendment
Governing Law
Jurisdiction
Counterparts
Interpretation
Termination of Employment
Final Settlement
Financial Arrangements
Payment Terms
Tax Implications
Benefits and Entitlements
Holiday Pay and Leave
Company Property
Confidentiality
Non-Disparagement
Intellectual Property
Data Protection
Non-Competition
Non-Solicitation
References
Announcements
Legal Fees
Reflection Period
Full and Final Settlement
Waiver of Claims
Cooperation
Return of Property
Continuing Obligations
Works Council Provisions
Severability
Entire Agreement
Amendment
Governing Law
Jurisdiction
Counterparts
Relevant Industries
Technology
Financial Services
Manufacturing
Healthcare
Retail
Professional Services
Education
Construction
Energy
Telecommunications
Media
Transportation
Hospitality
Real Estate
Non-Profit
Public Sector
Agriculture
Pharmaceutical
Relevant Teams
Human Resources
Legal
Finance
Executive Leadership
Operations
Information Technology
Sales
Marketing
Research & Development
Customer Service
Production
Administration
Business Development
Quality Assurance
Compliance
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Senior Manager
Department Head
Project Manager
Software Developer
Sales Representative
Human Resources Manager
Marketing Director
Operations Manager
Financial Analyst
Account Manager
Research Scientist
Legal Counsel
Administrative Assistant
Production Supervisor
Customer Service Representative
Business Development Manager
Technical Lead
Executive Assistant
Find the exact document you need
Basic Settlement Agreement
A Dutch law-governed agreement that formalizes dispute resolution between parties, including settlement terms and mutual releases.
find out more
Matrimonial Settlement Agreement
Dutch law agreement detailing property division and financial arrangements between divorcing spouses, compliant with the Dutch Civil Code and Matrimonial Property Act.
find out more
Employment Compromise Agreement
A Dutch legal agreement documenting mutual employment termination terms under Netherlands employment law, including financial settlements and mutual obligations.
find out more
Settlement Agreement (Real Estate)
A Dutch law-governed agreement that resolves real estate disputes and formalizes property-related settlements in the Netherlands.
find out more
Accident Settlement Agreement
A Dutch law-governed agreement that finalizes the settlement of accident-related claims between involved parties, including compensation terms and liability releases.
find out more
Full And Final Release Settlement
A Dutch law-governed settlement agreement that provides a complete and final resolution of all claims between parties, with comprehensive release provisions.
find out more
Debt Settlement Contract
A Dutch law-governed agreement establishing terms for debt settlement between creditor and debtor, including payment arrangements and obligations under Dutch debt restructuring legislation.
find out more
Workplace Settlement Agreement
A Dutch legal document that formalizes mutually agreed employment termination terms under Netherlands law, including mandatory provisions and reflection period.
find out more
Standard Settlement Agreement
Dutch law settlement agreement (vaststellingsovereenkomst) that formally resolves disputes between parties and prevents further legal proceedings.
find out more
Unfair Dismissal Settlement Agreement
A Dutch law settlement agreement documenting terms of employment termination and compensation in potential unfair dismissal cases.
find out more
Redundancy Agreement
A legally-compliant agreement under Dutch law governing the termination of employment due to redundancy, including statutory entitlements and mutual obligations.
find out more
Property Agreement Divorce
Dutch law-governed agreement detailing property division between divorcing spouses, including assets, liabilities, and financial arrangements.
find out more
Binding Settlement Agreement
A Dutch law settlement agreement (vaststellingsovereenkomst) that formally and bindingly resolves disputes between parties, creating enforceable obligations under Dutch jurisdiction.
find out more
Separation Agreement Property Settlement
A Dutch law-governed agreement detailing the division of property and assets between separating spouses, including community property, financial accounts, and pension rights.
find out more
Marriage Settlement Agreement
A Dutch law agreement establishing property arrangements between spouses, requiring notarial execution and defining asset division, financial terms, and property regime selection.
find out more
Estate Family Settlement Agreement
A Dutch law-governed agreement for settling and distributing a deceased person's estate among family members and beneficiaries, ensuring compliance with Dutch inheritance laws and tax regulations.
find out more
Divorce Agreement
A Dutch law-governed agreement that formalizes marriage dissolution terms and post-divorce arrangements between separating spouses.
find out more
Amicable Settlement Agreement
A Dutch law settlement agreement (vaststellingsovereenkomst) documenting mutually agreed terms to resolve disputes between parties without court intervention.
find out more
Marriage Agreement Settlement
Dutch law marriage agreement (huwelijkse voorwaarden) establishing property regime and financial arrangements between spouses, executed before a civil law notary.
find out more
Trademark Opposition Settlement Agreement
A Dutch law agreement resolving a trademark opposition dispute between parties, including settlement terms and opposition withdrawal conditions.
find out more
Non Judicial Settlement Agreement
A Dutch law-governed agreement documenting settlement terms between parties outside of court proceedings, providing a legally binding resolution to their dispute.
find out more
Release And Settlement
A Dutch law agreement that formalizes dispute resolution between parties, including settlement terms and mutual releases of claims.
find out more
Small Claims Settlement Agreement
A Dutch law-governed agreement for settling small claims disputes up to €25,000, documenting settlement terms and mutual release of claims.
find out more
Pre Divorce Settlement Agreement
A Dutch law-governed agreement outlining mutually agreed terms between spouses prior to divorce, covering property division, financial arrangements, and related matters.
find out more
Mediated Agreement
A legally binding document under Dutch law that records the resolution reached between parties through mediation, including agreed terms and implementation framework.
find out more
Severance Settlement Agreement
A Dutch law-governed agreement documenting mutually agreed employment termination terms, including severance payments and final settlement provisions.
find out more
Resignation Settlement Agreement
A Dutch law agreement documenting mutually agreed employment termination terms between employer and employee, including settlement conditions and post-employment obligations.
find out more
Trademark Settlement Agreement
Dutch law-governed agreement resolving trademark disputes between parties, establishing terms for trademark usage and rights under Benelux and EU regulations.
find out more
Simple Settlement Agreement
A Dutch law settlement agreement template for resolving disputes between parties, incorporating essential elements required under the Dutch Civil Code.
find out more
Global Resolution Agreement
A Dutch law-governed agreement providing comprehensive resolution of multiple disputes between parties, typically with international implications.
find out more
After Divorce Settlement Agreement
A Dutch law-governed agreement that formalizes post-divorce arrangements between former spouses, including asset division and ongoing obligations.
find out more
Reverse Payment Agreement
Dutch law-governed agreement template for patent settlements involving reverse payments between patent holders and generic manufacturers, incorporating EU competition law compliance.
find out more
Compensation Settlement Agreement
A Dutch law-governed agreement that formalizes compensation settlement terms between parties, including payment conditions and mutual releases.
find out more
Real Estate Settlement Agreement
A Dutch law-governed agreement that finalizes property transfer terms and conditions between parties, including settlement details and transfer requirements.
find out more
Settlement Agreement Between Two Parties
A Dutch law settlement agreement (vaststellingsovereenkomst) that formally resolves disputes between two parties, governed by the Dutch Civil Code.
find out more
High Low Settlement Agreement
A Dutch law agreement setting maximum and minimum settlement amounts while allowing third-party determination of the final settlement figure within these boundaries.
find out more
Full And Final Agreement
A Dutch law settlement agreement that provides a complete and final resolution of all claims between parties, governed by the Dutch Civil Code.
find out more
Alternative Dispute Resolution Agreement
Dutch law-governed agreement establishing procedures for alternative dispute resolution, including mediation and arbitration processes.
find out more
Voluntary Settlement Agreement
A Dutch law-governed agreement that documents mutually agreed settlement terms between parties to resolve disputes or claims.
find out more
Private Settlement Agreement
A Dutch law-governed agreement that formally documents the private settlement of disputes between parties, including settlement terms, releases, and confidentiality provisions.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)