utköpsklausul
A utköpsklausul, often translated as a severance clause or termination clause, is a provision commonly found in employment contracts, particularly for senior executives or in specific industries. It outlines the terms and conditions under which an employee can be terminated by the employer and the compensation the employee will receive in such an event. This compensation is typically a predetermined amount of salary, benefits, and potentially stock options or other forms of remuneration, designed to compensate the employee for the loss of their position.
The purpose of an utköpsklausul is to provide financial security and predictability for the employee in case
These clauses are often a subject of negotiation during the hiring process and can be crucial in