Consensual termination of an employment relationship through mutual agreement between employer and employee, including provisions for severance pay, remaining vacation, and reference letter.
Compliant with labor law requirements
Clear compensation and benefits terms
Notice period and termination clauses
Non-compete and confidentiality options
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A mutual termination agreement is a contract where employer and employee agree to end the employment relationship by mutual consent.
Flexibility in end date, potential severance pay, positive reference letter, and avoidance of dismissal disputes.
Potentially yes, but there may be a waiting period. Consult with employment services before signing to understand implications.