tiktok³ÉÈË°æ

All Countries
Real Estate
Termination Agreement

Termination Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Termination Agreement

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 of your information

Key Requirements PROMPT example:

Termination Agreement

"I need a Termination Agreement for a senior software developer who is leaving by mutual agreement on March 15, 2025, with ongoing confidentiality obligations and a 6-month non-compete clause for the Auckland region."

Celebrated by
Collaborations with
Investors
Document background
The Termination Agreement is a crucial legal document used in New Zealand when an employer and employee mutually agree to end their employment relationship. It serves as a comprehensive record of the termination terms, protecting both parties' interests and ensuring compliance with New Zealand employment law. This document is typically used in situations of mutual separation, redundancy, or negotiated exits, and includes essential details such as termination date, final payments, ongoing obligations, and mutual releases. The agreement helps prevent future disputes by clearly documenting all aspects of the separation and ensures all legal requirements under New Zealand legislation are met, including obligations under the Employment Relations Act 2000 and related employment laws.
Suggested Sections

1. Parties: Identifies and defines the employer and employee who are parties to the agreement

2. Background: Outlines the context of the employment relationship and the circumstances leading to termination

3. Definitions: Defines key terms used throughout the agreement

4. Termination Date: Specifies the official end date of employment and last working day if different

5. Final Payment: Details the breakdown of final payment including salary, holiday pay, and other entitlements

6. Company Property: Lists company property to be returned and deadline for return

7. Confidentiality: Confirms ongoing obligations regarding confidential information

8. Non-Disparagement: Mutual obligations not to make disparaging remarks about each other

9. Release and Waiver: Mutual release of claims and waiver of rights to future claims

10. Tax: Clarifies tax treatment of payments and responsibilities

11. Governing Law: Specifies New Zealand law as governing law and jurisdiction

12. Execution: Signature blocks and execution details

Optional Sections

1. Post-Employment Restrictions: Include when existing restraint of trade or non-compete obligations need to be addressed or modified

2. References: Include when parties agree on the content and format of future employment references

3. Ongoing Cooperation: Include when employee's assistance may be needed for transition or future matters

4. Insurance and Benefits: Include when addressing continuation or termination of insurance coverage or other benefits

5. Intellectual Property: Include when specific IP rights need to be addressed or transferred

6. Legal Advice: Include when confirming that parties have had opportunity to seek independent legal advice

7. Outplacement Support: Include when employer is providing career transition or outplacement services

8. Garden Leave: Include when employee will be on garden leave before final termination date

Suggested Schedules

1. Schedule 1 - Final Payment Calculation: Detailed breakdown of all final payments including holiday pay, outstanding wages, and any special payments

2. Schedule 2 - Company Property List: Comprehensive list of company property to be returned

3. Schedule 3 - Continuing Obligations: Details of any ongoing obligations from the employment agreement that survive termination

4. Appendix A - Reference Letter: Agreed form of reference letter if applicable

5. Appendix B - Handover Plan: Detailed plan for handover of responsibilities if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




























Clauses






























Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Retail

Professional Services

Education

Construction

Hospitality

Transportation

Energy

Agriculture

Mining

Telecommunications

Media and Entertainment

Public Sector

Non-Profit

Relevant Teams

Human Resources

Legal

People Operations

Employee Relations

Compliance

Senior Management

Administration

Corporate Services

Risk Management

Relevant Roles

HR Manager

HR Director

Legal Counsel

Employment Lawyer

HR Business Partner

Chief Human Resources Officer

People Operations Manager

Employee Relations Manager

HR Coordinator

Compliance Officer

General Manager

Department Manager

Chief Executive Officer

Managing Director

Company Secretary

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Termination Of Contract (Real Estate)

A New Zealand-compliant document for formally terminating a real estate contract, outlining termination grounds and party obligations under NZ law.

find out more

End Of Lease Letter To (Real Estate)

A formal New Zealand-compliant letter notifying tenants of lease termination, including move-out requirements and bond return procedures under NZ tenancy law.

find out more

Break Lease Form

A legal document used in New Zealand for early termination of fixed-term residential lease agreements, compliant with NZ tenancy laws.

find out more

Cancellation Of Lease Agreement By Landlord

A New Zealand-compliant legal document for landlords to formally terminate a residential lease agreement under the Residential Tenancies Act 1986.

find out more

Deed Of Surrender Of Tenancy

A New Zealand legal document that formally terminates a lease agreement by mutual consent between landlord and tenant, releasing both parties from future obligations.

find out more

Listing Agreement Termination

A New Zealand-compliant document that formally terminates a real estate listing agreement between a property owner and real estate agency.

find out more

Termination Addendum

A New Zealand-compliant legal document that modifies an existing employment agreement to formalize and document the terms of employment termination.

find out more

Surrender Of Tenancy Letter

A formal letter under New Zealand tenancy law requesting early termination of a residential tenancy agreement by mutual consent.

find out more

Termination Of Tenancy Agreement

A New Zealand law-compliant document that formally terminates a residential tenancy agreement, outlining termination terms and parties' obligations.

find out more

Termination Agreement

A New Zealand-compliant agreement that formalizes the mutual termination of employment between an employer and employee, outlining termination terms and mutual obligations.

find out more

Tenant Early Lease Termination Letter

A formal notice under New Zealand law from a tenant requesting early termination of their lease agreement, including essential details about the termination request and proposed vacation date.

find out more

Mutual Termination Of Commercial Lease Agreement

A New Zealand-compliant agreement for mutually terminating a commercial lease, outlining termination terms and mutual obligations between landlord and tenant.

find out more

Early Lease Termination Form

A New Zealand-compliant form for documenting and executing the early termination of a residential lease agreement, addressing all legal requirements under NZ tenancy laws.

find out more

Commercial Lease End Of Term

A New Zealand-governed document that formalizes the termination process of a commercial lease, outlining mutual obligations and property handover requirements.

find out more

Breaking A Joint Lease Agreement

A New Zealand-compliant agreement for terminating individual participation in a joint residential lease while preserving the tenancy for remaining parties.

find out more

30 Day Termination Of Tenancy

A New Zealand-compliant notice document for terminating a residential tenancy with 30 days' notice under the Residential Tenancies Act 1986.

find out more

Commercial Month To Month Lease Termination

A New Zealand-compliant termination notice for month-to-month commercial lease agreements, outlining termination terms and final obligations for both parties.

find out more

Release Of Rental Agreement Form

A New Zealand-compliant legal document that formally terminates a rental agreement between landlord and tenant, outlining release terms and settlement arrangements.

find out more

End Of Tenancy Form

A New Zealand legal document that formally records the end of a residential tenancy, including property condition assessment and bond arrangements under NZ tenancy law.

find out more

Termination Of Tenancy Form

A New Zealand-compliant form for formally ending a residential tenancy agreement, meeting all requirements under NZ tenancy law.

find out more

Partnership Exit Agreement

A New Zealand-compliant legal agreement governing a partner's withdrawal from a partnership, including terms of exit and financial settlements.

find out more

Mutual Consent Termination

A New Zealand law-governed agreement documenting the mutually agreed termination of employment between employer and employee.

find out more

Lease Cancellation Form

A New Zealand-compliant legal document for formally terminating lease agreements between landlords and tenants, ensuring proper closure of tenancy relationships.

find out more

Early Termination Agreement

A New Zealand-governed agreement that formally documents the early termination of an existing contract, including terms, conditions, and mutual obligations.

find out more

Termination Of Commercial Lease By Landlord

A formal notice under New Zealand law issued by a landlord to terminate a commercial lease, specifying termination grounds and vacation requirements.

find out more

Lease Surrender Agreement

A New Zealand law-governed agreement documenting the early termination of a lease by mutual consent between landlord and tenant.

find out more

Release Of Lease Agreement

A New Zealand legal document that mutually terminates a lease agreement before its original end date, releasing both landlord and tenant from future obligations.

find out more

Lease Cancellation Agreement

A New Zealand-compliant legal agreement that formally terminates an existing lease between landlord and tenant, outlining termination terms and mutual obligations.

find out more

Dissolution Of Lease Agreement

A New Zealand-compliant agreement that formally terminates an existing lease arrangement between landlord and tenant, outlining surrender terms and mutual releases.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

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 £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.