Glossary entry (derived from question below)
Dutch term or phrase:
uitwinningsvergoeding
English translation:
indemnity / goodwill indemnity
Added to glossary by
Willemina Hagenauw
Jun 29, 2006 13:37
17 yrs ago
4 viewers *
Dutch term
30+ years experience - accurate and fast
Native in: Dutch 
Works in: English to Dutch, Dutch to English, Flemish to English
uitwinningsvergoeding
Dutch to English
Other
Law: Contract(s)
Handelsagentuur
Na beeindiging van de handelsagentuur heeft de handelsagent recht op een uitwinningsvergoeding van 12 maanden wanneer hij tijdens de overeenkomst nieuwe klanten heeft aangebracht.
I think it has to do with a compensation for losing the commission that you would otherwise have made if your trade representation had not terminated. Is there a good English word?
I think it has to do with a compensation for losing the commission that you would otherwise have made if your trade representation had not terminated. Is there a good English word?
Proposed translations
(English)
| 2 +2 | indemnity / goodwill indemnity |
Siobhan Schoonhoff-Reilly
|
| 3 | compensation for loss of ... / compensation on termination of |
Adam Smith
|
Proposed translations
+2
1 hr
Siobhan Schoonhoff-Reilly
Netherlands
Netherlands
Native in English
Specializes in field
Netherlands
Tailoring to your specific needs
Native in: English
Works in: Dutch to English
Related KudoZ points
:
31
Selected
indemnity / goodwill indemnity
As far as I can recall this is the usual jargon used in this context.
4 KudoZ points awarded for this answer.
Comment: "Thanks Siobhan!
Willemina"
8 mins
Adam Smith
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Medical & legal expertise
Native in: English 
Works in: Dutch to English, Flemish to English, Afrikaans to English, and 1 more.
Related KudoZ points
:
12
compensation for loss of ... / compensation on termination of
A tricky area - I hope these references help:
"Compensation for Loss of Agency Rights Includes Goodwill
The impact of European legislation has meant that for over a decade, commercial agents have been entitled to seek compensation for the losses they suffer when the principal terminates their agency agreement."
ref. http://www.capitallaw.co.uk/cms/catsection/compensation_for_...
"Lonsdale clarifies (often contradictory) guidance on how compensation on termination of the agency relationship is assessed under the Regulations. It marks a move away from the French courts’ approach, which broadly sets compensation at two years’ gross commission, subject to adjustment in light of the circumstances of each case."
ref. http://corporate.practicallaw.com/6-202-1408
"Compensation for Loss of Agency Rights Includes Goodwill
The impact of European legislation has meant that for over a decade, commercial agents have been entitled to seek compensation for the losses they suffer when the principal terminates their agency agreement."
ref. http://www.capitallaw.co.uk/cms/catsection/compensation_for_...
"Lonsdale clarifies (often contradictory) guidance on how compensation on termination of the agency relationship is assessed under the Regulations. It marks a move away from the French courts’ approach, which broadly sets compensation at two years’ gross commission, subject to adjustment in light of the circumstances of each case."
ref. http://corporate.practicallaw.com/6-202-1408
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