Document background
An Exit Letter To Company is a crucial document used in the Netherlands when formalizing the termination of an employment relationship. It serves as official documentation of the agreed terms of separation, typically issued following mutual agreement or after a formal termination process. The document must comply with Dutch employment law requirements, including those set out in the Dutch Civil Code (Burgerlijk Wetboek) and the Work and Security Act (Wet Werk en Zekerheid). The letter includes essential information such as the termination date, final payment details, arrangements for company property return, and any continuing obligations. It may also address specific elements like non-compete clauses, share arrangements, or board resignations depending on the employee's position and circumstances. This document plays a vital role in ensuring clear communication and legal compliance while protecting both employer and employee interests during the separation process.
