Rafet Aslan Law Office delivers strategic representation and durable legal solutions for individuals and companies across advisory, litigation, and arbitration matters.
Rafet Aslan Law Office delivers strategic representation and durable legal solutions for individuals and companies across advisory, litigation, and arbitration matters.
Termination periods are set according to the type of contract and statutory limits; in service and employment relationships, the statutory minimum periods must be observed. Reasonable and balanced termination terms are advisable.
A penalty clause fixes in advance the amount payable in the event of breach; it must be reasonable and proportionate. Excessive amounts may be reduced by the judge, and clear triggering conditions should be set out.
A non-compete obligation must be limited to a reasonable duration, place and subject matter; an excessive restriction may be deemed invalid. In employment contracts, a compensation arrangement may also be required.
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