A-) Employee’s Right to Terminate the Contract with Just Cause
The employee is entitled to terminate the contract, whether for a definite or an indefinite period, within the presence of serious and important reasons determined in the Labor Law numbered 4857 (“the Law”), in the following cases and such reasons are classified in three groups.
1. Term of employment is designated as maximum 45 hours a week. Overwork (overtime) begins when 45 hours of terms of working time is exceeded. Working extra hours (excessive work) is determined as the hours that are up 45 hours a week in the event that working hours are designated below 45 hours under an agreement. Overtime total shall not be more than 270 hours a year.
Petroleum Market Law numbered 5015 (“the New Law”), as determined in its justification, has been enacted by Grand National Assembly of Turkey (“GNAT”) at December 4, 2003 within the efforts performed to institutionalize the market economy and improve the competitive environment in order to update the current legal regulations in the petroleum and petroleum product industry in absolute coherence, regulate the markets within such approach and meet the requirements accordingly.
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