Termination of the Agreement
Tags: agreement, contract, contractsvrijheid, contractual freedom, notice period, opzeggen, opzegging, opzegtermijn, overeenkomst, terminate, termination.
Termination is an important aspect of contracts. In the Netherlands, there is contractual freedom. This means that, in principle, everyone is free to determine the terms of the agreement. The question of how to terminate an agreement cannot, therefore, be answered in general, but must be examined individually.
In most cases, the agreement (or the applicable general terms and conditions) stipulates the conditions and the term that can be cancelled.
Duration Agreement
If it concerns a (long-term) agreement for an indefinite period in which no termination option has been stipulated, the agreement can in many cases still be cancelled on the grounds of reasonableness and fairness. However, this is usually not possible without consequences for the terminating party. Often a notice period must be observed and/or compensation paid to the other party.
Does your company or organization want to cancel an agreement or does someone want to cancel an agreement with you? Call or email Wouter Dammers from LAWFOX to get an initial estimate of the situation.
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