Article 49
If the employment contract is not limited for a period of time, each party may end it without stating any reasons. In such cases, the party that wishes to terminate the contract shall inform the second party in writing as following:
1. For employees who are getting monthly or annual payment, the other party shall be notified about the end of the contract at least 30 days in advance, for service periods that are five years or less. If the period of service is more than five years, the notice has to be served at least 60 days prior to the date of termination of the contract.
2. In other cases, written notification has to be issued as per the following:
a. If the service is less than one year, the termination notice should be served one week in advance.
b. If the period of service exceeds one year but is less than five years, the notice should be served at least two weeks before the end of the contract.
c. If the period of service exceeds five years, the written notice has to be filed at least 30 days in advance. If the contract is terminated without complying with these conditions, the party terminating it shall pay a compensation that is equal to the salary or wages of the notice period.