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conflict of interest clause

By Vey Willetts LLP | 4 Minutes Read September 16, 2022

Termination clause update: ousting the common law and the danger of fixed penalties

A "termination clause" is a type of contractual term which specifies entitlements owed to a worker at the end of their employment. They come in many different shapes and sizes. Whatever the construction, the usual motivation for employers in drafting termination clauses is to control costs and provide for certainty at the end of the employment relationship.

Article by Vey Willetts LLP / Employment Standards, Payroll / common law entitlement, confidential information, conflict of interest clause, employment contract, employment law, fixed penalties, notice entitlement, reasonable notice, severance, termination, Termination clause Leave a Comment

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