The contract defines any set of remuneration and services as well as the conditions under which it is made available or retained. The common elements of a redundancy pay agreement are as follows: Finito pays Mr de Groot, within one month of the date of termination, an incentive to terminate by mutual agreement in the gross amount of EUR 10 000 (EUR 10 000) if and to the extent that this agreement is signed by Mr de Groot and Finito is finally made available on 15 February 2018. Under Section 27 of the 1872 Convention, any agreement that prevents a person from carrying on a legal profession, trade or activity is not valid. [18] However, Pakistani courts have, in the past, issued decisions in favour of these restrictive covenants, given that the restrictions are „proportionate“. [19] The definition of „appropriate“ depends on the period, geographic location and designation of the worker. In Exide Pakistan Limited vs. Abdul Wadood, 2008 CLD 1258 (Karachi), the Sindh Supreme Court stated that the relevance of the clause would differ from case to case and would depend mainly on the duration and extent of the geographical area[20] 2. by way of derogation from Article 1.1, the employment contract terminates by mutual agreement at the time when the employment relationship with the new employer begins (the „new termination date“). In this case, half of the remaining salary, including vacation pay and the year-end bonus for the period between the new termination date and the termination date of section 1.1, is added to the severance pay. The employer`s obligation to pay wages ends with the new termination date. All other terms of this Agreement shall remain in full force and effect.

If this provision applies, the new termination date replaces the date of termination of the agreement. Lord. de Groot is obliged to inform Finito within two working days of acceptance of another job within this period. Section 27 of the Indian Contract Act has a general block on any agreement that pre-trade restricts. [15] On this basis, all competition bans in India appear invalid. . . .