An agreement to terminate a contract means a decision to end up an employment relationship by mutual consent regardless of periods of time or restrictive employment protection legislation. The agreement to terminate the employment relationship shall need to be exercised in writing otherwise it shall be null and the employment relationship goes on. If the initiative is from the employer he is obliged to inform the employees of consequences in social security. To compensate the loss of the job, usually in agreements to terminate an employment relationship, both sides agree for a severance payment for the employee.
We can advise you and negotiate an acceptable and fair agreement to terminate a contract.