Termination of the Agreement
Tags: agreement, beëindigen, beeindiging, contract, cooperation, destruction, dissolution, duration agreement, duurovereenkomst, ontbinding, opzeggen, opzegging, overeenkomst, samenwerking, terminating, termination, vernietiging.
In principle, agreements are the basis for long-term cooperation. In some cases, however, something occurs, so that cooperation is no longer desirable and you want to get out of the obligations. The possibility exists to terminate the agreement for this. There are several ways in which an agreement can be terminated. You can read which they are below.
How can the Agreement be Terminated?
In the Netherlands, we have freedom of contract. This means that everyone is in principle free to determine the terms and conditions of an agreement. The duration of the agreement and the manner in which it can be terminated can also be freely determined by the parties. This far-reaching freedom for parties does not apply to the special agreements determined by the legislator, such as the lease and the employment contract.
In general, agreements can be terminated in four ways: by performance, cancellation, dissolution or destruction.
Does your company or organization want to terminate an agreement or does someone want to terminate an agreement with you? Call or email Wouter Dammers from LAWFOX to get an initial estimate of the situation.
To Lexicon summary