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Dictionary for "contract"
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Dictionary 33
- Dictionary
Works contract
The agreement between a contractor and a principal to create tangible work, other than under an employment contract. It must be work of a material nature (building a garage). When…
- Dictionary
Ratification of pre-incorporation contract
…in the Netherlands, the performance of legal acts and contracts may be necessary. According to Dutch law these legal acts can be ratified by the company subsequent to its…
- Dictionary
On-call contract
An on-call contract is a flexible employment contract in which an employee works on an on-call basis and not on the basis of a fixed number of hours. The employer calls the on-call…
- Dictionary
contractor agreement
A contractor agreement according Dutch law is a contract between a (building) contractor and a client to create a tangible work (not constituting an employment contract). The…
- Dictionary
contract takeover
The formal definition in the Netherlands of a contract takeover is the takeover of the legal relationship as laid down in a contract. The takeover has to take place in written.…
- Dictionary
Contract price
The price owed by a client to a contractor under a contract for services. The contract price may consist of a fixed contract price stipulated in the agreement, whether or not…
- Dictionary
Ultra vires
…void, if the act can be deemed ultra vires and the co-contracting party was aware or should have been aware that the act would be construed as an ultra vires act.
- Dictionary
term sheet
…conditions and will eventually lead to a binding final contract. Similar to letter of intent A term sheet is similar to a letter of intent. It is a brief summary of the basic terms…
- Dictionary
take-over
…is divided in shares- a transfer of shares (stocks). Contracting parties in the Netherlands are in a great extent free to decide the terms and scope of the transfer. However, in…
- Dictionary
share purchase agreement (SPA)
…purchase of shares in a company. It is usually the final contract in an acquisition process and it binds parties to actually proceed with the sale. It is also referred to as stock…