Termination of the contract by mutual agreement of the parties is a situation where the employee and the employer jointly agree on the date of termination of the contract. This is the gentlest way to end the employment relationship and is often referred to as an “amicable termination.” Both parties must agree to the termination of the contract and jointly determine the date and conditions of ending the employment relationship. To prevent potential disputes, it is best to prepare a written document in two identical copies, one for each party.