A settlement agreement, or a termination agreement, is drawn up if your employer wants to terminate and dissolve the employment contract with you. This agreement can also be an option if he does not want to extend the current temporary contract. With the condition that you have agreed this together. If one party does not agree to this course of action, then a settlement agreement is not applicable and you will have to dissolve the contract in some other way.
Have you already received a settlement agreement and want it reviewed? Send the document to us and our employment lawyer will review the agreement.