Document background
The Termination Without Cause Contract is a crucial legal document used in Austrian business practice when ending employment or business relationships in situations where no specific cause for termination exists. This document is particularly relevant in scenarios where an employer wishes to end an employment relationship for business reasons, restructuring, or other non-performance related circumstances. It must comply with Austrian employment law, including mandatory notice periods, severance payment requirements, and procedural obligations, especially regarding Works Council consultation where applicable. The document typically includes provisions for final settlements, ongoing obligations, and transitional arrangements, while ensuring compliance with Austrian legislative requirements, including the ABGB (Austrian Civil Code) and specific employment regulations. It serves as a protective measure for both parties by clearly documenting the terms of separation and helping prevent future disputes.
