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Mutual Agreement Resignation
"I need a Mutual Agreement Resignation document for a senior software developer in our Berlin office, with termination effective March 31, 2025, including provisions for outstanding stock options and a 3-month non-compete clause."
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration numbers
2. Background: Brief context of the existing employment relationship, including start date and current position
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Clear specification of the employment end date and last working day
5. Financial Settlement: Details of final salary, bonuses, and any severance payment
6. Holiday Entitlement: Settlement of remaining vacation days and any compensation for unused leave
7. Company Property: Requirements for returning company property and handling of work-related documents
8. Confidentiality: Ongoing obligations regarding confidential information
9. Final Settlement: Confirmation that all claims between parties are settled
10. Reference Letter: Agreement regarding the provision of employment reference letter (Arbeitszeugnis)
11. Governing Law: Confirmation of German law application and jurisdiction
1. Non-Competition: Post-employment competition restrictions, if applicable to the employee's role
2. Benefits Continuation: Any agreement about continuation of specific benefits post-employment
3. Outstanding Bonus Schemes: Treatment of ongoing bonus schemes or long-term incentives
4. Works Council Notice: Reference to works council involvement, if applicable to the organization
5. Outplacement Support: Details of any career transition services offered
6. Company Housing: Arrangements regarding company-provided accommodation, if applicable
7. Insurance Continuation: Provisions for continuing any insurance coverage
8. Stock Options/Shares: Treatment of any employee stock options or share schemes
1. Schedule 1: Financial Settlement Calculation: Detailed breakdown of all financial payments including salary, severance, and other benefits
2. Schedule 2: Company Property List: Itemized list of company property to be returned
3. Schedule 3: Benefit Summary: Summary of benefits and their treatment post-termination
4. Appendix A: Data Privacy Notice: Information about handling of personal data post-employment
5. Appendix B: Reference Letter Draft: Draft or outline of the agreed employment reference letter
Authors
Company
Employee
Effective Date
Termination Date
Final Working Day
Garden Leave Period
Severance Payment
Confidential Information
Company Property
Intellectual Property Rights
Reference Letter
Works Council
Variable Compensation
Benefits
Outstanding Remuneration
Release of Claims
Governing Law
Business Day
Restricted Period
Group Companies
Parties
Financial Settlement
Release of Claims
Confidentiality
Non-Competition
Return of Property
Data Protection
Reference Letter
Final Settlement
Severance Payment
Holiday Entitlement
Bonus Treatment
Benefits Termination
Intellectual Property
Post-Employment Obligations
Company Property
Social Security
Tax Treatment
Works Council Acknowledgment
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Notices
Waiver
Third Party Rights
Banking and Financial Services
Manufacturing
Technology
Healthcare
Retail
Professional Services
Construction
Education
Telecommunications
Automotive
Energy
Media and Entertainment
Logistics and Transportation
Real Estate
Pharmaceutical
Human Resources
Legal
Finance
Operations
Information Technology
Sales
Marketing
Research and Development
Production
Customer Service
Administrative Services
Quality Assurance
Procurement
Business Development
Chief Executive Officer
Managing Director
Department Head
Senior Manager
Project Manager
Software Developer
Sales Representative
Financial Analyst
Human Resources Manager
Operations Manager
Marketing Executive
Research Scientist
Administrative Assistant
Production Supervisor
Account Manager
Legal Counsel
Technical Specialist
Customer Service Representative
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