Document background
A Termination Agreement is a crucial document used when an employer and employee agree to end their employment relationship by mutual consent. This agreement, governed by Irish law, serves to document all aspects of the separation, protecting both parties' interests and ensuring compliance with relevant legislation. The document is typically used in situations including voluntary departures, redundancies, or negotiated exits, and must comply with various Irish employment laws including the Unfair Dismissals Acts 1977-2015 and the Minimum Notice and Terms of Employment Acts. The agreement typically includes provisions for final payments, benefits, confidentiality, post-termination restrictions, and the return of company property, while also providing a clean break by including a full and final settlement clause to prevent future claims.
