Settlement agreement
In a settlement agreement, a Termination The settlement agreement contains details of how you and your employer will part ways. In contrast, a TERMINATION AGREEMENT regularly the Termination and the termination of the employment relationship.
The distinction can have far-reaching consequences. For example, a Termination agreement Without hearing of the works council ineffective, whereas a hearing is not required for a settlement agreement. The distinction can sometimes be complicated. Due to the sometimes far-reaching effects of such contracts, you should always have them examined by a lawyer. We are happy to help you.