The Employment Separation Agreement is a crucial document used in Austrian employment relationships when both parties agree to terminate the employment contract by mutual consent. It serves as a comprehensive record of all termination arrangements, ensuring compliance with Austrian employment law requirements, including the ABGB (Austrian Civil Code) and AngG (Salaried Employees Act). This document is typically used when employers and employees wish to formalize the end of their working relationship in a way that protects both parties' interests and provides clear terms regarding financial settlements, ongoing obligations, and future responsibilities. The agreement helps prevent future disputes by clearly documenting all aspects of the separation, from final payment calculations to confidentiality requirements and post-employment restrictions.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Employment Separation Agreement
"I need an Employment Separation Agreement for a senior software developer in Vienna who will be leaving by mutual agreement on March 1, 2025, including provisions for ongoing consultancy work and protection of intellectual property."
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration numbers
2. Background: Brief history of the employment relationship, including start date and current position
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when employment relationship ends and confirmation of notice periods under Austrian law
5. Final Salary and Benefits: Details of final regular salary payment, including treatment of any outstanding bonuses or commissions
6. Severance Payment: Details of severance payment (Abfertigung) and calculation method
7. Holiday Entitlement: Settlement of remaining vacation days and time-off credits
8. Company Property: Requirements and timeline for returning company property
9. Confidentiality Obligations: Ongoing obligations regarding confidential information and business secrets
10. Full and Final Settlement: Mutual release of claims, subject to Austrian law requirements
11. Tax and Social Security: Clarification of tax and social security implications
12. Governing Law: Confirmation of Austrian law governance and jurisdiction
13. Signatures: Execution blocks for both parties
1. Garden Leave: Terms of garden leave period if applicable between notice and termination date
2. Non-Compete Clause: Post-employment competition restrictions, if agreed and compliant with Austrian law restrictions
3. Reference Letter: Terms regarding the provision of a reference letter (Dienstzeugnis)
4. Ongoing Benefits: Any continuation of specific benefits post-employment
5. Works Council Approval: Reference to works council involvement if required under Austrian law
6. Outplacement Support: Details of any career transition services provided
7. Share Options/Long-Term Incentives: Treatment of outstanding equity or long-term incentive awards
8. Legal Fees: Any agreement regarding payment of legal fees for reviewing the agreement
1. Schedule 1 - Payment Calculation: Detailed breakdown of all final payments including salary, severance, and holiday pay
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Benefits Summary: Detailed list of benefits and their treatment post-termination
4. Appendix A - Reference Letter Draft: Draft of the agreed reference letter if applicable
5. Appendix B - Social Security Forms: Required Austrian social security and unemployment registration forms
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Information Technology
Manufacturing
Professional Services
Healthcare
Retail
Construction
Education
Telecommunications
Energy
Real Estate
Hospitality
Logistics
Media and Entertainment
Pharmaceutical
Relevant Teams
Human Resources
Legal
Compliance
Finance
Executive Leadership
Operations Management
Payroll
Employee Relations
Talent Management
Risk Management
Relevant Roles
HR Manager
Legal Counsel
Managing Director
Department Head
Chief Executive Officer
Human Resources Director
Compliance Officer
Finance Director
Operations Manager
General Manager
Regional Manager
Senior Executive
Chief Financial Officer
Division Head
Company Secretary
Find the exact document you need
No items found.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.