opt-out clause
Withdrawal permission section
An opt-out clause is a provision in a contract or agreement that allows a party to withdraw from or avoid certain obligations under specified conditions.
Common in employment contracts, insurance policies, and international treaties, it provides an exit mechanism without breaching the overall agreement: The lease includes an opt-out clause if the company relocates.
- escapeFlight from captivity
- escape hatchEmergency exit opening
- loopholeExploitable gap in rules
- withdrawalAct of taking away
- exitWay to leave
walk away · waiver · termination · exclusion · cancellation · disclaimer · fine print · small print · unsubscribe · opt in · exemption · release · revoke · decline · refuse · right to refuse · backdoor · contract
- EU lawTreaty of Rome, acquis communautaire, directives, transposition, direct effect
- contract clausesforce majeure, dispute resolution, boilerplate, provision, severability
- health insurancepremium, deductible, copay, coverage, health insurance card
- sports businesssalary cap, general manager, team owner, agents, agent
- Sports LaborPFA, player union, labor agreement, labor dispute, labor disputes