Article 47 of Private Sector Labour Law

If the employment contract is for a fixed term and either party terminates it without right, that party shall be obliged to compensate the other party for the damage sustained, provided that the amount of compensation shall not exceed an amount equal to the worker’s wage for the remaining term of the contract. In determining the damage in respect of both parties, prevailing custom, the nature of the work, the duration of the contract and, in general, all considerations affecting the existence and extent of the damage shall be taken into account. Any debts that may be due to the other party shall be deducted from the amount of compensation.