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The Severance Notice (Aufhebungsvertrag) is a crucial document in German employment law used when an employer and employee agree to terminate their employment relationship by mutual consent. It's particularly relevant in situations involving restructuring, redundancies, or when both parties wish to end the employment relationship amicably without going through a formal dismissal process. The document must comply with strict German legal requirements and typically includes details about severance payments, final salary arrangements, outstanding vacation days, company property return, and any post-employment obligations. It's essential to ensure the document addresses all relevant aspects of German labor law, including tax implications and social security considerations. The involvement of works councils may be necessary in larger organizations, and the document often requires review by legal experts to ensure compliance with current legislation.

1. Header Information: Company letterhead, date, and employee's full address

2. Subject Line: Clear identification as 'Termination Agreement' (Aufhebungsvertrag)

3. Employment Details: Reference to current position, start date, and employment contract

4. Termination Statement: Clear statement of employment termination date and mutual agreement

5. Severance Amount: Specific amount of severance payment and payment terms

6. Final Salary: Details of final regular salary payment and outstanding benefits

7. Holiday Entitlement: Settlement of remaining vacation days

8. Company Property: Requirements for returning company property

9. Full and Final Settlement: Confirmation that this represents full settlement of all claims

10. Signatures: Space for dated signatures of both parties