Common use of Resignation/Dismissal Clause in Contracts

Resignation/Dismissal. a) Both parties must give notice in writing. The period of notice is reciprocal. When not otherwise agreed in writing or otherwise provided in the wage agreement for the enterprise, the period of notice shall be one (1) month from the end of a calendar month. Irrespective of age and regardless of whether the enterprise has a wage agreement or not, a period of notice of at least 2 months will apply for both parties in the case of employees who have been with the enterprise for 5 consecutive years or more, and 3 months or more for employees who have been with the enterprise for 10 consecutive years or more. For older employees who have been with the enterprise for 10 consecutive years or more, the period of notice in the event of dismissal shall be 4 months or more for persons who have turned 50 years of age, 5 months or more for persons who have turned 55 years of age and 6 months or more for those who have turned 60 years of age. In these cases, notice of three (3) months or more shall be given by an employee wishing to terminate his/her employment contract, see § 15-3 of the Working Environment Act.

Resignation/Dismissal. a) Both parties must give notice in writing. The period of notice is reciprocal. When not otherwise agreed in writing or otherwise provided in the wage agreement for the enterprise, the period of notice shall be one (1) month from the end of a calendar month. Irrespective of age and regardless of whether the enterprise has a wage agreement or not, a period of notice of at least 2 months will apply for both parties in the case of employees who have been with the enterprise for 5 consecutive years or more, and 3 months or more for employees who have been with the enterprise for 10 consecutive years or more. For older employees who have been with the enterprise for 10 consecutive years or more, the period of notice in the event of dismissal shall be 4 months or more for persons who have turned 50 years of age, 5 months or more for persons who have turned 55 years of age and 6 months or more for those who have turned 60 years of age. In these cases, notice of three (3) months or more shall be given by an employee wishing to terminate his/her employment contract, see § 15-3 of the Working Environment Act.