The application for a proposed company agreement must be submitted to the Fair Work Commission within fourteen days of the conclusion of the contract or within an additional period granted by the Fair Work Commission. A company agreement is an agreement on admissible matters: an IFA can be terminated either by written consent between the employer and the employee, or by the employer, or by written dismissal. Modern premiums require 13 weeks` notice, but this may be different in a company agreement (but no more than 28 days). Before approving a company agreement, the Fair Work Commission must be satisfied that approval of the agreement would not in good faith jeopardise the negotiations of one or more negotiators for a proposed company agreement. .