Ƶ

Employment Settlement Agreement for Switzerland

Employment Settlement Agreement Template for Switzerland

A Swiss Employment Settlement Agreement is a legally binding document used to formalize the terms of an employment termination by mutual agreement under Swiss law. It outlines the conditions of separation, including financial compensation, benefit arrangements, and mutual obligations post-employment. The agreement must comply with Swiss employment law, particularly the Swiss Code of Obligations, and includes mandatory provisions such as the requirement for a written employment reference (Arbeitszeugnis). It addresses various aspects including settlement payments, tax implications, social security considerations, confidentiality obligations, and waiver of claims, while respecting the employee protections guaranteed under Swiss law.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Employment Settlement Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Employment Settlement Agreement?

An Employment Settlement Agreement is used in Switzerland when an employer and employee agree to terminate their employment relationship through mutual consent, rather than through unilateral termination. This document is particularly valuable when parties wish to achieve a clean break while managing potential risks and ensuring legal compliance. It typically includes comprehensive terms covering financial settlement, continued obligations, and releases of claims, all within the framework of Swiss employment law. The agreement is commonly used in situations involving senior executives, redundancies, or where there's a need to resolve potential disputes amicably. It must carefully balance the employer's interests with the strong employee protections characteristic of Swiss law, including mandatory provisions that cannot be waived even by mutual agreement.

What sections should be included in a Employment Settlement Agreement?

1. Parties: Identification of the employer and employee, including full legal names, addresses, and any relevant registration numbers

2. Background: Brief overview of the employment relationship, including start date, position, and circumstances leading to the settlement

3. Definitions: Definitions of key terms used throughout the agreement

4. Termination Date: Specification of the final day of employment and any garden leave arrangements

5. Settlement Payment: Details of all financial compensation, including breakdown of payments, tax treatment, and timing

6. Tax and Social Security: Clarification of tax implications and social security arrangements for all payments

7. Waiver of Claims: Employee's waiver of claims against the employer, subject to mandatory Swiss law provisions

8. Company Property: Requirements for return of company property and confirmation of data deletion

9. Confidentiality: Obligations regarding confidentiality of the agreement and company information

10. Reference: Agreement on the content and format of employment references as required by Swiss law

11. Final Provisions: General legal provisions including governing law, jurisdiction, and entire agreement clause

What sections are optional to include in a Employment Settlement Agreement?

1. Post-Contractual Non-Compete: Used when maintaining or modifying existing non-compete obligations

2. Equity and Share Options: Include when employee has outstanding equity or share options to be addressed

3. Ongoing Benefits: Required when certain benefits will continue post-termination

4. Cooperation Clause: Include when ongoing assistance might be needed for handover or future inquiries

5. Public Announcements: Necessary for senior positions where communication of departure needs management

6. Professional Development: Include when offering outplacement services or training as part of settlement

7. Insurance Continuation: Used when addressing ongoing insurance coverage arrangements

8. Legal Costs: Include when addressing payment of legal fees for agreement review

What schedules should be included in a Employment Settlement Agreement?

1. Schedule 1 - Payment Calculation: Detailed breakdown of all settlement payments and statutory entitlements

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

3. Schedule 3 - Reference Letter: Agreed form of employment reference (Arbeitszeugnis)

4. Schedule 4 - Benefit Details: Detailed description of any continuing benefits

5. Appendix A - Resignation Letter: Template or copy of formal resignation letter

6. Appendix B - Certificate of Compliance: Employee's confirmation of compliance with return of property and data deletion

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

Jurisdiction

Switzerland

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions






























Clauses



































Relevant Industries

Financial Services

Banking

Insurance

Professional Services

Manufacturing

Pharmaceutical

Technology

Telecommunications

Consumer Goods

Industrial

Healthcare

Education

Retail

Hospitality

Construction

Real Estate

Relevant Teams

Human Resources

Legal

Finance

Operations

Sales

Marketing

Information Technology

Research & Development

Administration

Management

Executive Leadership

Customer Service

Product Development

Business Development

Compliance

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Managing Director

Senior Manager

Department Head

Regional Director

Sales Manager

Technical Director

Human Resources Manager

Operations Manager

Project Manager

Senior Engineer

Financial Controller

Legal Counsel

Account Manager

Business Development Manager

Research Scientist

IT Manager

Marketing Director

Product Manager

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

Standard Form Of Contract In (Construction)

A standardized construction contract template compliant with Swiss law and SIA norms, providing a comprehensive framework for construction projects in Switzerland.

find out more

Non Binding Contract

A Non-Binding Contract under Swiss law that formalizes preliminary agreements while maintaining non-binding status, suitable for various business relationships and negotiations.

find out more

Legal Contract

A Swiss law-governed legal contract providing a structured framework for binding agreements, compliant with the Swiss Code of Obligations.

find out more

Rent Agreement Draft

Swiss-law compliant rental agreement template for residential or commercial properties, aligned with the Swiss Code of Obligations and cantonal requirements.

find out more

Staff Agreement Letter

A formal employment offer letter compliant with Swiss law that outlines key employment terms and conditions while serving as an initial employment contract document.

find out more

Option Contract (Real Estate)

A Swiss law-governed agreement granting the right to purchase or sell real estate at predetermined terms within a specified period, subject to cantonal notarization requirements.

find out more

Common Agreement

A flexible legal agreement governed by Swiss law, suitable for establishing various types of contractual relationships between parties under Swiss jurisdiction.

find out more

Agreement To Lease

A Swiss-law governed agreement establishing terms and conditions for property lease between landlord and tenant, compliant with Swiss federal and cantonal requirements.

find out more

Professional Services Agreement

Swiss law-governed Professional Services Agreement establishing terms between service provider and client, compliant with Swiss Code of Obligations.

find out more

Bilateral Contract

A Swiss law-governed bilateral contract establishing mutual rights and obligations between two parties, structured according to Swiss legal requirements.

find out more

Legal Agreement Between Two Parties

A Swiss law-governed bilateral agreement template for establishing contractual relationships between two parties, compliant with the Swiss Code of Obligations.

find out more

Legal Binding Contract

A Swiss law-governed binding contract establishing enforceable rights and obligations between parties under the Swiss Code of Obligations.

find out more

Written Agreement

A formal contract document governed by Swiss law that establishes legally binding obligations between parties, following Swiss Code of Obligations requirements.

find out more

Simple Agreement

A basic contractual document under Swiss law designed to formalize straightforward business arrangements between parties.

find out more

Side Agreement

A Swiss law-governed supplementary agreement that modifies or clarifies specific terms of an existing main agreement while maintaining the original contract's core structure.

find out more

Mutual Agreement Between Two Parties

A Swiss law-governed mutual agreement establishing bilateral obligations and rights between two parties, compliant with the Swiss Code of Obligations.

find out more

Incorporation Agreement

A legal document governed by Swiss law that establishes the framework for creating a new company, defining shareholder relationships and corporate structure.

find out more

Casual Worker Contract

A Swiss law-governed Casual Worker Contract establishing flexible working arrangements with no guaranteed hours, compliant with Swiss employment regulations.

find out more

Business Transfer Agreement

A Swiss law-governed agreement documenting the complete transfer of a business, including assets, employees, and liabilities, from one entity to another.

find out more

Boilerplate Agreement

A Swiss law-governed template agreement providing a standardized framework for commercial relationships, compliant with Swiss legal requirements.

find out more

Amended Contract

A Swiss law-governed document that formally modifies an existing contract while maintaining its core structure and legal validity.

find out more

Representation Agreement

A Swiss law-governed agreement establishing the terms and scope of authority for a representative to act on behalf of a principal.

find out more

Preliminary Agreement

A Swiss law-governed framework document outlining terms and conditions for negotiating a potential transaction or business relationship, including both binding and non-binding provisions.

find out more

Notary Rent Agreement

A notarized lease agreement under Swiss law that establishes a formal rental relationship between parties, with legal verification through notarial authentication.

find out more

Model Tenancy Agreement

A standardized residential lease agreement template compliant with Swiss tenancy law and federal regulations.

find out more

Prenuptial Agreement

A notarized agreement under Swiss law that establishes property rights and financial arrangements between prospective spouses before marriage.

find out more

Commercial Lease Form

Swiss law-governed commercial lease agreement for business premises, incorporating federal and cantonal requirements for commercial property rental.

find out more

Simple Car Sale Agreement

Swiss law-governed agreement template for vehicle sales, covering essential terms for transfer of ownership and registration under Swiss regulations.

find out more

Contra Agreement

A Swiss law-governed agreement establishing terms for the exchange of goods or services between parties without monetary payment.

find out more

Catering Contract

Swiss law-governed agreement establishing terms and conditions for catering services, incorporating federal and cantonal requirements for food service provision.

find out more

Employment Contract Form

Swiss-law compliant employment contract template establishing key terms and conditions of employment relationship under Swiss jurisdiction.

find out more

Contractual Agreement

A Swiss law-governed agreement establishing binding obligations between parties, structured according to Swiss Code of Obligations requirements.

find out more

Security Agreement Form

A Swiss law-governed agreement establishing security interests over assets, detailing terms of pledge or assignment and enforcement rights under Swiss law.

find out more

Labour Contract Agreement For Construction Of House

Swiss-law governed labor contract agreement for house construction projects, incorporating federal labor laws and cantonal building regulations.

find out more

Partnership Agreement

A Swiss law-governed agreement establishing a partnership between two or more parties, defining their rights, obligations, and business relationship.

find out more

Business Cooperation Agreement

Swiss-law governed agreement establishing terms and conditions for business cooperation between multiple parties, including scope, responsibilities, and mutual obligations.

find out more

Employee Training Reimbursement Agreement

A Swiss-law agreement setting out terms for employer-funded professional training and employee reimbursement obligations.

find out more

Tenancy Agreement

Swiss law-compliant agreement establishing terms and conditions for property rental in Switzerland, governed by the Swiss Code of Obligations and cantonal regulations.

find out more

Confidentiality And Non Disclosure Agreement

Swiss law-governed confidentiality agreement protecting sensitive business information exchange between parties, compliant with Swiss legal requirements.

find out more

Rental Contract

A legally binding agreement under Swiss law governing property rental arrangements, outlining rights and obligations of landlords and tenants in Switzerland.

find out more
See more related templates

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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it