GLOSSARY
Effective date of termination definition
What does Effective date of termination mean?
The effective date of termination is the date on which:
• the notice expires where the contract is terminated by notice, whether given by employer or employee
• the termination takes effect where the contract is terminated by the employer without notice (ie summary dismissal)
• the termination takes effect where the contract is a limited-term contract which terminates by virtue of the happening of a limiting event
Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.
For our full legal glossary and more legal research sources, register for a free Lexis+ trial