Settlement agreement termination of employment due to business closure

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Vaststellingsovereenkomst ontslag wegens bedrijfsbeëindiging (Engelstalig). This model is a settlement agreement for the termination of an employment contract due to the closure of the business. It includes arrangements regarding the notice period, end date, exemption from work, final settlement, and statutory transition compensation. It also addresses matters such as reimbursement of legal fees, confidentiality, and the return of company property. This model is intended for employers who wish to terminate an employment relationship by mutual consent in the event of a business closure.