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Termination agreement related to an employment contract

Template This is only a template of an employment termination agreement and shall be modified and adapted to your situation and needs. Termination Agreement Between the <Employer > and <Employee> § 1 Consensual termination of the employment relationship The parties agree that the employment relationship terminates by mutual agreement as requested by the employer on …

Gratuity under German labour law

When the employment contract is terminated, the employee can demand (under certain conditions) for a severance pay/ gratuity (Abfindung) from his employer. This should provide him with a financial compensation for the loss of the workplace. If an employer pronounces a lawful termination, he does not have to pay any compensation unless it was previously …