¶¶Òõ¶ÌÊÓƵ

All Countries
Employment
Termination By Agreement

Termination By Agreement Template for New Zealand

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

4.6 / 5
4.8 / 5

Let's create your Termination By Agreement

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:

Termination By Agreement

"I need a Termination by Agreement for a senior software developer in New Zealand who will be leaving on March 15, 2025, with garden leave provisions and specific clauses about ongoing technical knowledge transfer."

Celebrated by
Collaborations with
Investors
Document background
The Termination by Agreement document is utilized when an employer and employee in New Zealand mutually agree to end their employment relationship under amicable circumstances. This type of agreement is particularly relevant in situations such as restructuring, career transitions, or mutual recognition that the employment relationship has run its course. The document must comply with New Zealand employment law, including the Employment Relations Act 2000 and related legislation. It typically includes comprehensive details about final payments, outstanding entitlements, confidentiality obligations, and mutual releases. The agreement serves to protect both parties' interests by clearly documenting the terms of separation and preventing future disputes. A Termination by Agreement is distinct from other forms of employment termination as it represents a consensual end to the employment relationship, often including negotiated terms beneficial to both parties.
Suggested Sections

1. Parties: Identifies and defines all parties to the agreement, including full legal names and relevant details

2. Background: Sets out the context of the employment relationship and mutual decision to terminate

3. Definitions: Defines key terms used throughout the agreement

4. Termination Date: Specifies the effective date of employment termination

5. Final Payment: Details the final payment amount and its components (salary, holiday pay, etc.)

6. Mutual Release: Contains mutual releases from claims and obligations

7. Confidentiality: Confirms ongoing confidentiality obligations post-termination

8. Return of Property: Requirements for returning company property

9. Tax Treatment: Clarifies tax treatment of payments

10. Execution: Signature blocks and execution requirements

Optional Sections

1. Garden Leave: Include when the employee will be paid but not required to work during notice period

2. Post-Employment Restrictions: Include when enforcing existing or new non-compete/non-solicitation provisions

3. Reference: Include when agreeing to provide a reference and its terms

4. Outplacement Support: Include when providing career transition services

5. Share Options/Benefits: Include when addressing treatment of existing share options or benefits

6. Ongoing Cooperation: Include when requiring employee assistance post-termination

7. Public Announcements: Include when parties need to agree on external communications

8. Legal Advice: Include when confirming independent legal advice has been obtained

Suggested Schedules

1. Schedule 1 - Final Payment Calculation: Detailed breakdown of all payment components

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

3. Schedule 3 - Continuing Obligations: List of obligations from employment agreement that survive termination

4. Appendix A - Agreed Reference Letter: Template or final version of agreed reference letter if applicable

5. Appendix B - Settlement and Release Terms: Detailed terms of mutual release and settlement

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions



















Clauses
























Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Retail

Professional Services

Education

Construction

Hospitality

Mining and Resources

Agriculture

Transportation and Logistics

Media and Entertainment

Telecommunications

Energy

Relevant Teams

Human Resources

Legal

Finance

Operations

Administration

Executive Leadership

Compliance

Risk Management

Relevant Roles

Chief Executive Officer

Managing Director

General Manager

Department Manager

Senior Executive

Professional Staff

Administrative Staff

Technical Specialist

Sales Representative

Operations Manager

Project Manager

Human Resources Manager

Financial Controller

Legal Counsel

Department Head

Team Leader

Supervisor

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

Termination Of Purchase And Sale Agreement

A New Zealand law-governed agreement that formally terminates an existing Purchase and Sale Agreement, outlining termination terms and mutual releases between parties.

find out more

Terminating An Unsigned Contract

A New Zealand-compliant document for formally terminating an unsigned contract, including necessary legal declarations and next steps.

find out more

Terminating A Licence Agreement

A New Zealand-governed agreement that formally terminates an existing license arrangement between parties, specifying termination terms and post-termination obligations.

find out more

Ending An Employment Contract Early

A New Zealand-compliant agreement for early termination of employment, covering essential termination terms and statutory requirements.

find out more

Deed Of Termination Shareholders Agreement

A New Zealand law-governed deed that formally terminates an existing shareholders agreement, releasing parties from their obligations while preserving specific rights where necessary.

find out more

Contract Termination Date

A New Zealand law-compliant document that formally establishes the termination date of a contract and outlines associated terms and obligations.

find out more

Cessation Of Employment Letter

A formal letter documenting employment termination under New Zealand law, outlining cessation terms and final arrangements.

find out more

Letter To End Contract With Employer

A formal resignation letter compliant with New Zealand employment law, serving as official notification of an employee's intention to end their employment contract.

find out more

Termination Of Retainer

A New Zealand-compliant agreement that formally terminates an existing professional retainer arrangement between a service provider and client, establishing terms for conclusion of services.

find out more

Termination Of Apprenticeship Contract

A New Zealand-compliant legal document that formally terminates an apprenticeship relationship between employer, apprentice, and training provider, outlining separation terms and obligations.

find out more

Terminate Contract With Immediate Effect

A formal notice to immediately terminate a contract under New Zealand law, including grounds for termination and immediate consequences.

find out more

End Of Contract Agreement

A New Zealand-compliant agreement that formalizes the termination of employment and outlines separation terms between employer and employee.

find out more

Termination By Agreement

A New Zealand-compliant mutual agreement document that formally terminates an employment relationship, outlining separation terms and conditions.

find out more

Assignment Of Lease Agreement

A New Zealand legal document that transfers a tenant's lease rights and obligations to a new tenant, with the landlord's consent.

find out more

Non Renewal Of Tenancy Contract

A New Zealand-compliant formal notice informing tenants that their residential tenancy agreement will not be renewed upon expiration.

find out more

Immediate Termination Of Contract

A formal notice under New Zealand law to immediately terminate a contract due to serious breach or qualifying circumstances, outlining grounds and effects of termination.

find out more

Termination Of Agency Agreement

A New Zealand law-governed document that formally terminates an existing agency relationship, setting out the terms and conditions for conclusion of the arrangement.

find out more

Termination Of Business Relationship

A New Zealand law-compliant agreement for formally terminating business relationships between commercial entities, including settlement terms and mutual obligations.

find out more

End Of Fixed Term Contract

A New Zealand-compliant document confirming the conclusion of a fixed-term employment contract, including final entitlements and administrative procedures.

find out more

End Of Contract Letter To Client

A formal letter under New Zealand law that officially notifies a client of the conclusion of a contractual relationship and outlines final obligations and next steps.

find out more

Termination Of Construction Contract By Owner And Contractor

A New Zealand law-governed agreement documenting the mutual termination of a construction contract between owner and contractor, including payment settlements and handover arrangements.

find out more

Real Estate Contract Cancellation Letter

A formal letter used in New Zealand to terminate a real estate sale and purchase agreement, complying with NZ property law requirements.

find out more

Ending A Fixed Term Tenancy Agreement Early

A New Zealand-compliant agreement for mutually terminating a fixed-term residential tenancy before its scheduled end date.

find out more

Termination Of Joint Venture Agreement

A New Zealand law-governed agreement for formally terminating a joint venture relationship and establishing terms for winding up its affairs.

find out more

Termination Of Management Agreement

A New Zealand law-governed agreement that formally terminates an existing management arrangement between parties, outlining termination terms and post-termination obligations.

find out more

Employment Release Agreement

A New Zealand-compliant agreement that documents employment termination terms, including settlements and mutual releases between employer and employee.

find out more

Termination Of Rental Agreement

A New Zealand-compliant legal document for formally ending a rental agreement between landlord and tenant, following requirements under NZ tenancy law.

find out more

Termination Of Supplier Contract

A New Zealand-compliant agreement for formally terminating supplier relationships, outlining termination terms and post-termination obligations.

find out more

Mutual Termination Of Employment

A New Zealand-compliant agreement documenting the consensual termination of employment between employer and employee, including termination terms and mutual releases.

find out more

Cancellation Of Rent Agreement Letter

A formal letter used in New Zealand to document the termination of a rental agreement between landlord and tenant, compliant with NZ tenancy laws.

find out more

Termination Of Distribution Agreement

A New Zealand-compliant agreement to formally terminate an existing distribution relationship, addressing all aspects of the business wind-down process.

find out more

Lease Early Termination Letter

A formal notice under New Zealand law for early termination of a lease agreement, including termination details and property handover arrangements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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.