I dont understand how this is even legal in Europe.No matter what the contract says.How can this be a legal clause? I dont get it.
It's a bit of a culture shock when you see the sharp difference in this respect from how the US treats contracts, at least it was for me.
On both sides you have people saying that the business world will collapse if you treat contracts the way that the other side is treating them. I'll refrain from saying which side I think is right, but I guarantee you that these differences are strong and real.