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2. Automatic renewal clause - Wikipedia

   en.wikipedia.org/wiki/Automatic_Renewal_Clause

   The contract will also be cancelled if the one party informs the other of its intent to discontinue the contractual relationship within the advance notice period detailed in the terms of agreement. [34] Generally, this letter of intent is either provided some time before a specified number of days prior to the end of the contract, "This ...

3. Pay in lieu of notice - Wikipedia

   en.wikipedia.org/wiki/Pay_in_lieu_of_notice

   PILON can either be set out in the contract as an option for the employer, or it may simply be paid to cover any potential damages for breach of contract. If there is a pay in lieu of notice clause in the employee's contract, the amount the employee will get will normally be set out there. If not, it is up to the employee to agree to an amount.

4. Termination of employment - Wikipedia

   en.wikipedia.org/wiki/Termination_of_employment

   A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...

5. Termination for convenience - Wikipedia

   en.wikipedia.org/wiki/Termination_for_convenience

   A termination for convenience clause, or "T for C" clause, [1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract. [2]

6. Loudermill letter - Wikipedia

   en.wikipedia.org/wiki/Loudermill_letter

   The Loudermill letter fulfills the requirement of (written) notice, and should include an explanation of the employer's evidence ("to act as a check for mistaken accusations"). To fulfill the remaining Due Process requirements, a Loudermill letter will also have to inform the employee of his opportunity for a Loudermill hearing .

7. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.