Common use of Cancellation of the employment contract Clause in Contracts

Cancellation of the employment contract. Notwithstanding the above in sections 1 and 2, the employer and employee are entitled to cancel an employment contract with an immediate effect in situations referred to in chapter 8, section 1, in the Employment Contracts Act. The right to cancellation lapses if the employment contract is not cancelled within 14 days of the date on which the contracting party is informed of the existence of the cancellation grounds.

Cancellation of the employment contract. Notwithstanding the above in sections Sections 1 and 2, the employer and employee are entitled to cancel an employment contract with an immediate effect in situations referred to in chapter Chapter 8, section Section 1, in the Employment Contracts Act. The right to cancellation lapses if the employment contract is not cancelled within 14 days of the date on which the contracting party is informed of the existence of the cancellation grounds.