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If the employee decides to terminate the contract before it expires. The worker shall be entitled to his complete wage for such period on the basis of the last paid wage .Q: I have a limited contract. I'm planning to resign before the end of my contract. What components are included in the employee's final settlement, if the employee revokes a limited contract before its expiry? Full and Final Settlement commonly known as FnF process is done when an employee is leaving the organization.