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Aufhebungsvertrag

termination by mutual agreement, separation agreement

noun OWF-hay-bungs-fer-trak Rare
People & Society Work

Usage Note

Aufhebungsvertrag is a mutually agreed contract ending employment, often offered instead of dismissal. Signing one can reduce unemployment benefit entitlement, so employees should seek legal advice first.

Examples

"Er schloss einen Aufhebungsvertrag mit seinem Arbeitgeber."

Natural Translation

He concluded a separation agreement with his employer.

Literal Translation

He concluded a termination-agreement with his employer.

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