Settlement agreement termination due to economic reasons

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Aanvullende informatie

Vaststellingsovereenkomst ontslag wegens bedrijfseconomische redenen (Engelstalig). This model sets out the arrangements between employer and employee upon termination of the employment relationship due to business-economic reasons. The document includes provisions regarding the end date, notice period, statutory transition compensation, exemption from work, final settlement, certificate of employment, and confidentiality. It also incorporates the statutory reflection period. This model is suitable for employers who wish to terminate an employment relationship by mutual consent in connection with business-economic circumstances.