fc.vadodara@nidrahotels.com
734

Termination Clause and Agreement Term are two different clause. Termination Clause always state terminating the agreement terms and condition, whether it is payment related or scope of work or term whatever the case may be, in such instance the party (either) has to give notice period to the other party so that necessary arrangement can be made
From India, Ahmadabad
varghesemathew
912

Usually after 24 months the agreement will expire and will not be valid.Then, why a further 2 month’s notice to terminate a contract which is already expired.? Tvpm 09961266966
From India, Thiruvananthapuram
hrdilip
3

Agreement is for 24 months. By performance it will come to an end by 24th month. Option of renewing after 24th month is with the employer and you have right to accept or reject it. The two months notice period is termination provision in case you want to resign prior to 24 month.
As mentioned by you, there is no need for you to give 2 months notice by 22nd month. If you want to be doubly sure you could have reminded them about period being completed and your intention (if any) of renewal. the employers logic of 2 months notice after 24 month is ridiculous. At the expiry of 24th month relation between you and employer ceases.

From India, Pune
D.K.Sinha-H.R
3

Dear Deepak,
I completely agree with Cameo. As "An agreement is a document executed by two or more parties, consenting to abide by certain terms and conditions. If it for a particular period, it cannot be renewed without mutual consent", no one can force you to stay with the organization after completion of Contract period. So, simply, you handover a plain letter to your H. R. Manager that you don't want to continue with the organization any more. Do it in healthy environment and get you experience letter issued.
Thanks,
Dhananjay.
9910869743

From India, Delhi
Cameo
11

It is surprising to see many comments suggesting you to serve notice AFTER completion of the 24 months. They are ignorant of the fact that the contract becomes null and void and will not stand scrutiny of law after completion of 24 months. Once the validity of the contract is over, where is the question of serving notice period? It would mean that you will be serving 26 months (including the notice period) instead of the contracted employment period of 24 months!
First check the clauses in the agreement. If it states that the contract is valid unless and until one of the parties to the agreement serves notice of termination to the other, in writing, 60 days in advance, then the whole scenario changes!

From India, Mumbai
suhaskhambe
121

Please post exact phrase mentioned in the agreement termination / renewal clause.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.