Document background
The Early Termination Agreement (Aufhebungsvertrag) is a crucial document under German law used when parties wish to mutually end their contractual relationship before its natural expiration or notice period. This type of agreement is particularly common in employment relationships but is also used in various commercial contexts such as service agreements, lease contracts, and distribution agreements. The document ensures legal certainty by clearly defining the termination terms, addressing all financial aspects, and including necessary waivers and releases. It must comply with German legal requirements, particularly the Civil Code (BGB) provisions regarding contract termination and form requirements. The agreement is especially important as it helps prevent future disputes by providing a comprehensive framework for the termination and its consequences.
