flexibility clause
[/flɛkˈsɪbɪləti klɔːz/]
nounpl: flexibility clauses
cláusula de flexibilidade
1. A contractual provision that allows parties to modify, adjust, or suspend terms of an agreement under specified circumstances or conditions
The employment contract included a flexibility clause that allowed remote work arrangements during emergencies.
O contrato de trabalho incluía uma cláusula de flexibilidade que permitia arranjos de trabalho remoto em emergências.
2. A provision in international or trade agreements that permits deviations from agreed-upon terms in response to unforeseen circumstances
The trade agreement contained a flexibility clause to address sudden economic disruptions.
O acordo comercial continha uma cláusula de flexibilidade para lidar com perturbações econômicas repentinas.
3. A safeguard mechanism in contracts that provides room for adjustment without constituting a breach of agreement
The flexibility clause protected both parties by allowing adjustments if market conditions changed significantly.
A cláusula de flexibilidade protegeu ambas as partes ao permitir ajustes se as condições de mercado mudassem significativamente.
In Brazil, flexibility clauses have become increasingly important in labor contracts and commercial agreements, particularly post-pandemic, as companies seek to adapt to changing work environments. In the USA, similar provisions are common in international trade agreements and employment contracts. The term reflects modern business practices recognizing the need for contractual adaptability.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →