The Termination Release Agreement is a crucial document used in German employment relationships when both parties agree to end the employment contract by mutual consent. It's particularly relevant in situations involving restructuring, voluntary departures, or dispute resolution. The agreement must comply with strict German legal requirements, including those set forth in the Civil Code (BGB) and the Protection Against Dismissal Act (KSchG). It typically includes comprehensive provisions on financial settlements, benefits, property return, and mutual releases, while also considering works council rights where applicable. This document is essential for providing legal certainty and preventing future disputes by documenting all agreed terms of the employment termination. Special attention must be paid to German-specific requirements regarding severance calculations, notice periods, and the format of mutual releases to ensure enforceability.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the employment relationship, including start date, position, and reason for termination if mutually agreed to state
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Clear statement of the employment termination date and last working day if different
5. Financial Settlement: Details of severance payment, outstanding salary, bonus payments, and other financial compensation
6. Company Property: Requirements and timeline for returning company property, documents, and data
7. Confidentiality Obligations: Ongoing confidentiality obligations post-termination
8. Release of Claims: Mutual release of claims, specifically tailored to be enforceable under German law
9. Reference Letter: Commitment to provide a qualified reference letter (qualifiziertes Arbeitszeugnis)
10. Social Security and Benefits: Handling of insurance, pension, and other benefits
11. Final Provisions: Governing law, severability, and entire agreement clauses
1. Works Council Approval: Required if the company has a works council that needs to be involved in termination decisions
2. Garden Leave: Include if the employee will be released from work duties before the termination date
3. Post-Contractual Non-Compete: Include if maintaining or modifying existing non-compete obligations
4. Outplacement Services: Include if the company is providing career transition support
5. Stock Options/Equity: Include if there are outstanding equity-based compensation items to address
6. Company Housing: Include if employment-related housing arrangements need to be terminated
7. Training Costs Repayment: Include if waiving any training cost repayment obligations
8. References to Works Agreements: Include if specific works agreements (Betriebsvereinbarungen) affect termination terms
1. Schedule 1 - Financial Settlement Calculation: Detailed breakdown of all financial payments, including severance, outstanding salary, vacation pay, and bonus calculations
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Benefits Summary: Details of benefit plan treatment post-termination
4. Appendix A - Reference Letter Draft: Agreed form of reference letter text
5. Appendix B - Data Privacy Declaration: Specific consents regarding personal data handling post-termination
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Financial Services
Professional Services
Healthcare
Retail
Telecommunications
Energy
Construction
Automotive
Pharmaceuticals
Media and Entertainment
Education
Transportation and Logistics
Relevant Teams
Human Resources
Legal
Finance
Executive Leadership
Operations
Compliance
Payroll
Employee Relations
Works Council
Relevant Roles
Chief Executive Officer
Human Resources Director
Legal Counsel
Chief Financial Officer
Department Manager
Senior Executive
Project Manager
Software Developer
Sales Manager
Operations Manager
Financial Analyst
Marketing Director
Research Scientist
Account Manager
Production Supervisor
Administrative Assistant
Technical Lead
Business Development Manager
Find the exact document you need
Termination Of Distributorship
A German law-governed agreement that formalizes the termination of a distribution relationship, addressing statutory compensation requirements and transition arrangements.
find out more
Unilateral Cancellation Of Contract
A German law-compliant document for unilateral contract termination, following BGB requirements for formal contract cancellation.
find out more
Termination Of Retainer
A German law-governed agreement for terminating professional retainer arrangements, addressing fee settlements, handover procedures, and post-termination obligations.
find out more
Termination Of Apprenticeship Contract
A German law-governed agreement that formally ends an apprenticeship relationship, outlining termination terms and ensuring compliance with the Vocational Training Act (BBiG).
find out more
Terminate Contract With Immediate Effect
A formal notice for immediate contract termination under German law, citing compelling reasons and complying with German Civil Code requirements.
find out more
Terminate Building Contract
A German law-compliant agreement for terminating building contracts, addressing settlement terms and handover procedures under BGB regulations.
find out more
Rent Cancellation Agreement
A legally binding agreement under German law that mutually terminates a rental relationship between landlord and tenant, setting out terms for lease ending and property handover.
find out more
Mutual Termination Agreement Employment
A German law-compliant agreement documenting the mutual consent to terminate an employment relationship, outlining termination terms and final settlements.
find out more
Listing Agreement Termination
A German law-governed document that terminates an existing real estate listing agreement, settling all outstanding obligations between property owner and agent.
find out more
End Of Apprenticeship Contract
A German law-compliant agreement documenting the successful completion of an apprenticeship and establishing final terms between employer and apprentice.
find out more
Early Release Tenancy Agreement
A German law residential lease agreement incorporating provisions for early termination of tenancy under specified conditions.
find out more
End Of Lease Contract
A German law-compliant document that formally terminates a lease agreement between landlord and tenant, outlining termination conditions and final settlements.
find out more
Business Contract Termination Letter
A formal notice governed by German law that terminates a business contract, including essential termination details and compliance with German legal requirements.
find out more
Ending A Fixed Term Lease Early
A German law-compliant agreement for the early termination of a fixed-term lease, outlining termination terms and mutual obligations under the BGB.
find out more
End Of Contract Agreement
A German law-compliant agreement documenting the mutual termination of employment, including final settlements and ongoing obligations.
find out more
Tenant Termination Of Lease Letter
A formal written notice under German law from a tenant to a landlord declaring the termination of a lease agreement, complying with BGB requirements.
find out more
Early Termination Of Lease Agreement By Tenant
A German law-compliant agreement for early lease termination by tenant, structured according to BGB requirements.
find out more
Termination Of License
A German law-governed agreement that formally terminates an existing license arrangement and establishes post-termination obligations between the parties.
find out more
Termination By Agreement
A German law-compliant mutual agreement between employer and employee to terminate employment, documenting termination terms and conditions.
find out more
Premature Termination Of Contract
A German law-compliant agreement for early contract termination, including mutual releases and settlement terms under BGB requirements.
find out more
Termination Of Commercial Lease
A German law-compliant agreement for terminating commercial lease arrangements, addressing property handover and financial settlements under BGB regulations.
find out more
Surrender Of Tenancy Agreement
A German law-compliant agreement for the mutual early termination of a lease, documenting surrender terms and conditions under BGB regulations.
find out more
Professional Termination Letter
A German-law compliant termination letter for ending employment relationships, meeting all formal requirements under German labor law.
find out more
Assignment Of Lease Agreement
A German law-governed agreement transferring lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.
find out more
Termination Of Contract Due To Non Performance
A formal contract termination notice under German law (BGB) due to substantial non-performance, outlining breaches and termination consequences.
find out more
Termination Of Tenancy Agreement
A German law-compliant agreement that formally terminates a tenancy relationship between landlord and tenant, setting out termination terms and property handover conditions.
find out more
End Of Lease Agreement
A German law-compliant agreement documenting the formal termination of a lease arrangement, detailing property return conditions and final settlements between landlord and tenant.
find out more
Termination Without Cause Commercial Contract
A German law-governed agreement for terminating commercial contracts without cause, including notice periods and post-termination obligations.
find out more
Termination Of Lease Letter
A formal notice under German law to end a lease agreement between tenant and landlord, complying with BGB requirements for termination.
find out more
Termination Of Contract Due To Ill Health
A German law-compliant termination notice for ending employment due to employee illness, incorporating mandatory requirements under German labor law (Kündigungsschutzgesetz) and related regulations.
find out more
Termination Letter Distribution Agreement
A German law-governed letter formally terminating a distribution agreement, specifying termination terms and post-termination obligations.
find out more
Service Contract Termination
A formal service contract termination notice compliant with German law, including essential termination details and legal requirements under the German Civil Code.
find out more
Not Renewing Lease Letter
A legally compliant German lease non-renewal notice from tenant to landlord, following BGB requirements for lease termination.
find out more
Termination Of Agency Agreement
A German law-governed agreement for terminating a commercial agency relationship, including statutory compensation claims and post-contractual obligations.
find out more
Termination Release Agreement
A German law-governed agreement that documents the mutual termination of employment, including severance terms and releases of claims between employer and employee.
find out more
Termination Of Lease Letter To Tenant
A legally compliant lease termination notice under German law (BGB) from landlord to tenant, including mandatory termination details and handover requirements.
find out more
Termination Of Business Relationship
A German law-governed agreement for the formal termination of a business relationship, addressing wind-down procedures and post-termination obligations.
find out more
Shareholder Exit Agreement
A German law-governed agreement detailing the terms and process for shareholder(s) to exit their company ownership position.
find out more
Rental Lease Termination Letter
A formal notice under German law to terminate a rental lease agreement, requiring written form and specific notice periods as per BGB regulations.
find out more
Owner Operator Lease Termination Agreement
A German law-governed agreement that terminates a lease between a property owner and business operator, addressing premises handover and financial settlements.
find out more
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)