TRANSACTIONAL AGREEMENT

 __________, __th  _______ 20...

	On the one hand, the company _________________, and Mr. ……… on his behalf as ………….., and

	(hereinafter the “Company”)

	Mr. ________________ on the ohter, as employee from the compnay, 

	(hereinafter the “Employee”)

	THEY SAY:

1.	That the company has dismissed the employee because the reasons consigned in the dismissal letter that was given the ……….. 
2.	That the employee has asked for the legal maximum indemnification because he considered the dismissal as unfair.
3.	That after a negotiation both parties have achieved the present agreement in order to finish and extinguish their contractual relationship.

AGREEMENTS:

	First.- That the employee is end as company employee with effective date ………..
	Second.- That the company recognizes the dismissal as unfair, and pays in the present act the following amounts:
-	_______________ EUROS (________ €) as indemnification
-	_______________ EUROS (________ €) as pendent salary.
-	_______________ EUROS (________ €) as settlement and pending vacations.

	These amounts are paid by ……………….. 

	Thirth.- With the perception of this amounts that sum a total of _____________ EUROS (________ €) the employee declares himself compensated for all pending amounts and for all possible concepts with the company, and he agrees and compromises not to claim or sue the company for anything, with resignation to all kind of legal action, totally extinguishing the contractual relationship with the company.

	And as proof of the conformity to the present agreement both parties sign in the place and date indicated above, ratifying their will. 

The company						The employee