The Employer Separation Agreement serves as a crucial document when employment relationships in Austria are terminated by mutual consent. It provides a legally compliant framework under Austrian labor law for documenting the terms of separation, protecting both employer and employee interests. This agreement is particularly important given Austria's strict employment protection regulations and mandatory severance pay requirements. The document typically comes into play during voluntary separations, restructuring, or negotiated exits, ensuring all legal obligations are met, including proper notice periods, financial settlements, and ongoing obligations. The agreement must comply with various Austrian employment laws, including the Labor Law Act (Arbeitsrecht), Salaried Employees Act (Angestelltengesetz), and Severance Pay Act (Abfertigungsrecht), while also addressing practical aspects such as handover procedures and final settlements.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Employer Separation Agreement
"I need an Employer Separation Agreement under Austrian law for a senior software engineer who is leaving voluntarily to join a competitor, with a termination date of March 1, 2025, including strong IP protection clauses and a 6-month non-compete provision."
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
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration numbers
2. Background: Brief context of the employment relationship and mutual decision to terminate
3. Definitions: Key terms used throughout the agreement, including Termination Date, Final Settlement, etc.
4. Termination of Employment: Formal statement of employment termination, specifying the last working day and end of employment relationship
5. Final Payment and Benefits: Details of final salary, pro-rated bonuses, vacation pay, and other entitlements
6. Severance Payment: Specification of severance payment (Abfertigung) amount and payment terms
7. Company Property: Requirements for returning company property and documents
8. Confidentiality Obligations: Ongoing obligations regarding confidential information
9. Release of Claims: Mutual release of claims, subject to Austrian law restrictions
10. Tax and Social Security: Treatment of payments for tax and social security purposes
11. Final Settlement: Confirmation that the agreement represents full and final settlement
12. Governing Law: Confirmation of Austrian law as governing law and jurisdiction
13. Execution: Signature blocks and execution requirements
1. Post-Employment Restrictions: Non-compete and non-solicitation provisions, if applicable and agreed (subject to Austrian law restrictions)
2. Reference Letter: Terms regarding the provision of a reference letter (Dienstzeugnis), if not provided simultaneously
3. Stock Options/Benefits: Treatment of outstanding stock options or long-term benefits, if applicable
4. Garden Leave: Terms of garden leave period if employee is not required to work during notice period
5. Ongoing Cooperation: Terms for employee assistance in handover or future inquiries
6. Legal Fees: Agreement on payment of legal fees for review of the agreement
7. Works Council Approval: Reference to works council approval if required
8. Insurance Continuation: Details about continuation or termination of insurance benefits
9. Outplacement Support: Terms of any career transition or outplacement support offered
1. Schedule 1 - Payment Calculation: Detailed calculation of final payment, including salary, severance, and other benefits
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Outstanding Benefits: List of any outstanding benefits and their treatment
4. Schedule 4 - Reference Letter: Draft or final version of the reference letter (Dienstzeugnis)
5. Schedule 5 - Handover Plan: Detailed plan for handover of responsibilities and ongoing projects
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Financial Services
Professional Services
Retail
Healthcare
Education
Construction
Hospitality
Telecommunications
Energy
Transportation
Media and Entertainment
Real Estate
Pharmaceutical
Relevant Teams
Human Resources
Legal
Compliance
Employee Relations
Personnel Administration
Executive Management
Corporate Services
Risk Management
Talent Management
Compensation and Benefits
Relevant Roles
Human Resources Director
HR Manager
Legal Counsel
Employment Lawyer
HR Business Partner
Chief Human Resources Officer
Personnel Administrator
Compliance Officer
Employee Relations Manager
HR Operations Manager
Talent Management Director
Benefits Administrator
HR Specialist
Corporate Counsel
Chief Legal Officer
Find the exact document you need
No items found.
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.