More than 10 years of experience
VSO settlement agreement
95% certainty on better severance scheme
More than 10 years of experience
VSO settlement agreement
95% certainty on better severance scheme
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Free VSO check: advice within 30 minutes

What is a settlement agreement (VSO)?
A settlement agreement, or a termination agreement, is drawn up if your employer wishes to terminate and rescind your employment contract. This agreement may also be an option if your employer wishes to terminate your current fixed-term contract before it expires.
This form of resign is done by mutual agreement, without the intervention of the UWV Whether the cantonal court. The agreement contains all the agreements made during this process. Think about the end date of your employment, the notice period, the reason for leaving and whether you are entitled to a fee.
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Why is the VSO check free?
A settlement agreement can have significant consequences for your income and your entitlement to unemployment benefit. That is why we offer a free settlement agreement check. This helps to make it easier for you to seek advice in good time.
Fast forward to
- When will you get a settlement agreement?
- How does a dismissal settlement agreement work?
- Benefits of settlement agreement
- Disadvantages of a settlement agreement
- What does a settlement agreement contain?
- What is the notice period for a VSO?
- What is the cooling-off period in a settlement agreement?
- Am I entitled to a transition payment if I am on a VSO?
- Further information on settlement agreements
- How I can help you
- I’ll be happy to help you with honest advice
- Frequently asked questions about settlement agreements
How does a dismissal settlement agreement work?
In the event of termination by mutual consent, the employer usually draws up a settlement agreement. This sets out all the arrangements regarding the end of the employment relationship, such as the last day of work, the notice period, any payments due and the entitlement to unemployment benefit. Once you have received the proposal, you can read it through at your leisure and, if necessary, negotiate its terms.
The agreement is only signed once both parties have given their consent. From that moment, a statutory cooling-off period of 14 days applies. It is important that the agreement is drawn up in a legally correct manner; otherwise, this could have consequences for your unemployment benefit entitlements, for example. You should therefore always have the content checked by a lawyer before signing.

Benefits of settlement agreement
? You can avoid a lengthy procedure through the UWV or the courts.
? You have a say in the content of the agreements.
? There is scope to negotiate a severance payment.
? You can agree on the end date and the notice period.
? The agreement provides clarity for both parties.
? If your VSO has been drawn up correctly, you retain the right to unemployment benefit.
? You are entitled to a 14-day cooling-off period as standard after signing.
? In many cases, the employer reimburses (part of) the costs of legal advice.
Disadvantages of a settlement agreement
? Without proper monitoring, agreements could end up working against you.
? If there is an error in the wording, you may lose your entitlement to unemployment benefit.
? The pressure to sign quickly may come at the expense of a fair settlement.
? You must take proactive steps to protect your interests. We’d be happy to help you with that.
? Without proper monitoring, agreements could end up working against you.
? If you are off sick, signing a settlement agreement is almost never a good idea. You are protected against dismissal, and by signing it you may lose your entitlement to unemployment benefit.
What does a settlement agreement contain?
You have agreed, after mutually agreeing to terminate the employment contract, to draw up a settlement agreement. What does this look like and what information should it contain? We list them for you:
- Name and address employee.
- Name and address of employer.
- That the initiative for dismissal came from the employer and not the employee.
- That there are no grounds for summary dismissal.
- That this is a termination by mutual consent.
- The termination date, i.e. the end date of the employment contract (respecting correct notice periods).
- The height of the severance or transitional allowance; this amount you determine together.
- Payment of all outstanding holiday entitlements (holiday days, leave).
- Final settlement (including settlement of any thirteenth month), so that no amount is outstanding after this.
- Possible exemption from work and agreements on transfer of work.
- Place and date of signing settlement agreement.
- Employee has two weeks reflection period after the settlement agreement is drawn up. If the agreement does not state this, the reflection period is three weeks.
In addition to these sections, you may wish to include provisions regarding non-competition and non-solicitation clauses, as well as a confidentiality agreement. Be sure to include legal costs in the settlement agreement, so that the employer covers the costs you incur for advice on the settlement agreement.
What is the notice period for a VSO?
In the case of a settlement agreement, you and your employer agree together on when the employment contract will end. In this case, there is no statutory notice, but it is important that the agreed notice period corresponds to the statutory notice period that your employer would normally be required to observe. If you fail to do so, you run the risk of the UWV (temporarily) rejecting your claim for unemployment benefit because you left your job too early. A correct notice period is therefore not just a formal agreement, but is also crucial for maintaining your entitlement to benefits. Are you unsure whether the notice period in your contract is correct? If so, have a lawyer review it before you sign.
What is the cooling-off period in a settlement agreement?
- Standard settlement agreement: 14-day cooling-off period. This statutory cooling-off period applies to every employee who signs a VSO. You do not need to give a reason for this, nor do you need to ask your employer’s permission. All you need to do is notify them in writing that you are withdrawing from the agreement.
- Settlement agreement without a specified cooling-off period: The cooling-off period is automatically extended to 21 days.
Am I entitled to a transition payment if I am on a VSO?
When dismissed via a settlement agreement, in most cases you are entitled to a transition allowance. This allowance is intended to financially cushion the transition to another job. In a VSO, the amount is usually included as part of the agreements. Pay close attention to whether the amount is correct and set according to the legal calculation. Sometimes an employer tries to come up with a lower amount than you are entitled to. Therefore, always have the amount of the compensation checked to make sure you get what you deserve.
How I can help you
How I can help you

My initial advice is free
I’ll be happy to help you with honest advice
My name is Robin Sieverdink, employment lawyer and specialising in
Settlement agreements and dismissal cases. Receiving a settlement agreement often raises questions. Is the proposal fair? Will you still be entitled to unemployment benefit? And can you still negotiate better terms?
It is precisely at that moment that it is important to get clarity. I will carefully assess your settlement agreement, looking not only at its legal content but also at the implications for your income, entitlement to benefits and negotiating position.
Would you like to know where you stand before you sign? Call or send a WhatsApp message via +(31) 085-08 054 82 or send an e-mail to info@legalworx.nl.
Frequently asked questions about settlement agreements





