Hi,
I'm a contractor and my contract state a 14 days notice period should be given in order to end the service, before the contract end date. My question is how much penalty needs to be paid to settle the early termination?
- Is it 10 working days (10 * day rate), which is same as 2 weeks notice period?
- Is it 14 working days (14 * day rate).
In either case, any supporting document / link would be much appreciated. I search over the internet for a long time but didn't find any answer, Can someone please help?
Thanks,
vijay
I'm a contractor and my contract state a 14 days notice period should be given in order to end the service, before the contract end date. My question is how much penalty needs to be paid to settle the early termination?
- Is it 10 working days (10 * day rate), which is same as 2 weeks notice period?
- Is it 14 working days (14 * day rate).
In either case, any supporting document / link would be much appreciated. I search over the internet for a long time but didn't find any answer, Can someone please help?
Thanks,
vijay
Comment