Ƶ

Exit Agreement For Employees for Austria

Exit Agreement For Employees Template for Austria

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Exit Agreement For Employees

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:

Exit Agreement For Employees

"I need an Exit Agreement For Employees under Austrian law for a senior software developer who will be leaving amicably on March 31, 2025, with garden leave starting February 1, 2025, and including provisions for ongoing support with knowledge transfer for three months post-termination."

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

What is a Exit Agreement For Employees?

The Exit Agreement For Employees (Aufhebungsvertrag) is a crucial document in Austrian employment law, used when both employer and employee agree to terminate their employment relationship by mutual consent. This agreement is distinct from unilateral termination and offers more flexibility in terms of termination dates and conditions. It typically includes provisions for final payments, benefit settlements, and post-employment obligations, all structured to comply with Austrian labor laws. The document is particularly useful when parties wish to arrange an amicable separation that may deviate from standard notice periods or when special arrangements need to be documented. It provides legal certainty for both parties and helps prevent future disputes by clearly documenting all aspects of the separation.

What sections should be included in a Exit Agreement For Employees?

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, including start date and current position

3. Definitions: Key terms used throughout the agreement

4. Termination Date: Specific date when the employment relationship will end by mutual consent

5. Final Salary and Benefits: Details of the final regular salary payment, including pro-rata calculations

6. Severance Payment: Details of any severance payment (Abfertigung) and calculation method

7. Holiday Entitlement: Settlement of remaining vacation days and time-off credits

8. Company Property: Obligation to return all company property and timeline for return

9. Confidentiality: Ongoing obligations regarding confidential information

10. Final Release: Mutual waiver of claims related to the employment relationship

11. References: Employer's obligation to provide employment references (Arbeitszeugnis)

12. Governing Law: Confirmation that Austrian law governs the agreement

13. Entire Agreement: Statement that this document represents the complete agreement between parties

What sections are optional to include in a Exit Agreement For Employees?

1. Garden Leave: Terms of garden leave if employee is released from duty until termination date

2. Post-contractual Non-compete: If applicable, terms of any continuing non-competition obligations

3. Handover Obligations: Specific requirements for handover of ongoing projects or responsibilities

4. Additional Benefits: Any special arrangements regarding company car, insurance, or other benefits

5. Share Options/Bonuses: Treatment of outstanding share options, bonus payments, or other incentive schemes

6. Legal Costs: Agreement on who bears the legal costs of preparing and reviewing the agreement

7. Works Council Statement: Reference to works council consultation if applicable

8. Pension Arrangements: Special provisions regarding company pension schemes or arrangements

What schedules should be included in a Exit Agreement For Employees?

1. Schedule 1 - Payment Calculation: Detailed breakdown of all final payments including salary, severance, and holiday pay

2. Schedule 2 - Company Property List: Itemized list of company property to be returned

3. Schedule 3 - Benefits Summary: Detailed list of benefits and their treatment post-termination

4. Appendix A - Data Privacy Notice: Information about handling of personal data post-employment

5. Appendix B - Certificate of Service Template: Draft of the agreed employment reference letter

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses




























Relevant Industries

Financial Services

Technology

Manufacturing

Retail

Healthcare

Professional Services

Construction

Education

Telecommunications

Energy

Transportation

Real Estate

Media and Entertainment

Hospitality

Public Sector

Relevant Teams

Human Resources

Legal

Finance

Operations

Sales

Marketing

Information Technology

Research and Development

Customer Service

Administration

Product Development

Quality Assurance

Business Development

Corporate Communications

Facilities Management

Relevant Roles

Chief Executive Officer

Managing Director

Department Head

Senior Manager

Project Manager

Account Manager

Software Developer

Financial Analyst

HR Manager

Sales Representative

Marketing Specialist

Operations Manager

Research Scientist

Legal Counsel

Administrative Assistant

Technical Specialist

Business Analyst

Product Manager

Customer Service Representative

Executive Assistant

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Contract Agreement Between Employer And Employee

An Austrian employment contract establishing the terms and conditions of employment under Austrian labor law.

find out more

Part Time Employment Agreement

Austrian-law governed Part Time Employment Agreement establishing terms and conditions for part-time work arrangements in compliance with Austrian labor regulations.

find out more

Work Place Agreement

An Austrian Workplace Agreement (Betriebsvereinbarung) establishing workplace regulations between employer and works council under Austrian labor law.

find out more

Staff Contract Of Employment

Austrian employment contract template establishing terms and conditions of employment in compliance with Austrian labor law.

find out more

Hiring Contract

An Austrian employment contract establishing the terms and conditions of employment under Austrian labor law.

find out more

Full Time Permanent Contract

Austrian law-governed permanent employment contract template for full-time positions, compliant with local labor regulations.

find out more

Offer Letter And Employment Agreement

An Austrian law-compliant combined offer letter and employment agreement establishing formal employment terms and conditions.

find out more

One Year Fixed Term Contract

Austrian law-governed one-year fixed-term employment contract template compliant with local labor regulations and statutory requirements.

find out more

Mutual Agreement Employment

An Austrian law-governed employment agreement establishing mutual terms and conditions between employer and employee.

find out more

Part Time Work Agreement

An Austrian law-governed employment agreement establishing terms and conditions for part-time work arrangements.

find out more

Exit Agreement For Employees

An Austrian law-governed Exit Agreement documenting mutual termination of employment, including termination terms and final settlements.

find out more

Regular Employment Contract

An Austrian law-compliant employment contract establishing terms and conditions of employment between employer and employee.

find out more

Executive Employment Contract

An Austrian law-governed employment contract for executive-level employees, establishing key terms and conditions of executive employment while ensuring compliance with Austrian labor regulations.

find out more

Short Employment Contract

An Austrian law-compliant short-form employment contract template for establishing standard employment relationships in Austria.

find out more

Unlimited Employment Contract

Austrian law-compliant unlimited employment contract establishing permanent employment terms and conditions.

find out more

2 Year Fixed Term Contract

Austrian law-governed two-year fixed-term employment contract incorporating mandatory local employment law requirements and EU regulations.

find out more

Contractual Employee Contract

Austrian-law compliant employment contract template establishing terms and conditions of employment relationship while ensuring adherence to local labor regulations.

find out more

Non Compete Employment Contract

An Austrian employment contract containing non-compete provisions that restrict post-employment competition, compliant with Austrian employment law requirements.

find out more

Non Hire Agreement

Austrian law-governed agreement preventing mutual hiring of employees between contracting parties, compliant with local labor and competition laws.

find out more

Labour Hire Contract

An Austrian law-compliant agreement governing temporary agency work relationships between a staffing agency, worker, and hiring company.

find out more

Labour Hire Agreement

An Austrian-law governed agreement regulating temporary staffing arrangements between labor hire agencies and host companies, compliant with AÜG requirements.

find out more

Individual Employment Contract

Austrian law-compliant employment contract establishing terms and conditions between employer and employee.

find out more

Fixed Term Employment Agreement

Austrian law-compliant Fixed Term Employment Agreement establishing defined-period employment terms and conditions.

find out more

Full Time Job Contract

An Austrian employment contract establishing full-time employment terms under Austrian labor law, including mandatory provisions and specific employment conditions.

find out more

Employment Contract For Casual Employee

An Austrian law-compliant employment contract for casual workers, establishing terms for flexible working arrangements without guaranteed hours.

find out more

Employer Separation Agreement

An Austrian law-governed agreement that formalizes employment termination, outlining separation terms, payments, and mutual obligations between employer and employee.

find out more

Contract Hire Agreement

An Austrian law-governed agreement establishing terms for asset hiring between lessor and lessee, including payment, maintenance, and return conditions.

find out more

Contract For Contractual Employees

An Austrian employment contract template for contractual employees, compliant with Austrian labor law and employment regulations.

find out more

Conflict Of Interest Employment Contract

An Austrian law-governed employment contract specifically designed to address and manage potential conflicts of interest in the workplace.

find out more

Confidentiality Agreement For Employees

Austrian law-compliant employee confidentiality agreement establishing obligations for protecting company confidential information and trade secrets.

find out more

Casual Worker Contract

An Austrian law-compliant contract establishing terms and conditions for casual employment with flexible working arrangements.

find out more

Self Employed Agreement

An Austrian law-governed agreement establishing terms between a client and self-employed contractor, ensuring compliance with Austrian self-empl