Vertalen Settlement Agreement

That`s why Finito wanted to terminate his employment contract. At first, Mr de Groot opposed the resignation, but now he sees no other possible solution; 1. The Parties shall refrain from making representations to third parties on the content of this Agreement and on the circumstances that led to this Agreement, with the exception of information that must be provided on the basis of the law. Mr de Groot may provide the UWV (the Netherlands Benefits Agency) with a copy of that agreement when applying for social security. This agreement shall be governed by and construed in accordance with Netherlands law, and the Dutch courts shall have exclusive jurisdiction to rule on disputes arising out of this Treaty; Finito informs Mr. de Groot of the legal cooling-off period which gives him the right to terminate his settlement agreement within fourteen days of the conclusion of this agreement without justification. It may do so by sending a written statement to the employer. Thus, Mr de Groot has the right to revoke within that period his decision to accept that agreement. Until the date of termination, Mr de Groot receives his usual salary and remuneration.

Until March 1, 2018, Mr. de Groot will continue to work as usual and will take care of a correct delivery of the work. From 1 March 2018 until the date of termination, Mr. de Groot is completely exempt from work and the obligation to appear at work. During this exemption period, no replacement subsidies and travel expenses are due and no new days off are due. All other terms and conditions of employment shall remain in effect until the date of termination if this Agreement does not contain any other provision. When the provisions of this contract are fulfilled, the parties grant each other the full and definitive discharge and confirm that there are no longer any rights to the employment contract, the termination of the employment relationship or other purposes. In addition to the above-mentioned right of the worker to dissolve during the aforementioned period of reflection, the parties waive the right to terminate this settlement contract, to the extent permitted by law.

Finito shall pay Mr de Groot, in addition to the severance pay provided for in Article 6, an incentive to terminate by mutual agreement in the gross amount of EUR 10 000 (EUR 10 000) within one month of the date of termination, if and to the extent that this agreement is signed by Mr. . .