Term and Termination Clause Example with 4 Variations from Business Contracts

Term and Termination. TERM: This Agreement shall be effective from April 1, 2021 to December 31, 2021 as of the Effective Date and shall continue in effect until complete payment of the Fee upon development of the product by the Company in conformity with the Scope of Work as mentioned and Product specifications as mentioned in exhibit A or until earlier terminated by either or both the parties. 5.2. TERMINATION FOR CAUSE: This Agreement may be terminated by either party upon written notice to the other, if the other... party breaches any material obligation provided hereunder and the breaching party fails to cure such breach within thirty (30) days of receipt of the notice. 5.3. EFFECT OF TERMINATION: Client shall pay Company for all services rendered and work performed up to the effective date of termination for any reason subject to Client's rights to only pay fair value if Client terminates for cause. Company shall provide Client with an invoice for the foregoing fees within thirty (30) days of the effective date of the termination. Client shall pay the invoice within fourteen (14) days of receipt. 5.4. RETURN OF PROPRIETARY OR CONFIDENTIAL INFORMATION: Within ten (10) days after the termination or expiration of this Agreement, each party shall return to the other all Proprietary or Confidential Information of the other party (and any copies thereof) in the party's possession or, with the approval of the party, destroy all such Proprietary or Confidential Information. "Proprietary or Confidential Information" shall include, but is not limited to, written or oral contracts, trade secrets, know- how, know-how, 7 business methods, business policies, memoranda, reports, records, computer retained information, notes, or financial information. Proprietary or Confidential Information shall not include any information which: (i) is or becomes generally known to the public by any means other than a breach of the obligations of the receiving party; (ii) was previously known to the receiving party or rightly received by the receiving party from a third party; (iii) is independently developed by the receiving party; or (iv) is subject to disclosure under court order or other lawful process. 2 5.4. PRODUCT: SOFTWARE DEVELOPER warrants that for a period of days with regard to the Exhibit attached and/or succeeding exhibits attached defining the scope of work , that the component of the Product or the Product itself will operate in accordance with all the material terms of the Product Specifications. SOFTWARE DEVELOPER shall correct the nonconformity or refund to COMPANY the dollar amount attributable to the number of actual hours SOFTWARE DEVELOPER spent developing the defective portion of the Product. 5.5. PERFORMANCE OF PROFESSIONAL SERVICES: SOFTWARE DEVELOPER warrants that the professional services will be performed in a workmanlike and professional manner by appropriately qualified personnel. View More

Term and Termination. TERM: This Agreement shall be effective from April 1, 2021 (start date) to December 31, 2021 (end date). 5.2. TERMINATION FOR CAUSE: This Agreement may be terminated by either party upon written notice to the other, if the other party breaches any material obligation provided hereunder and the breaching party fails to cure such breach within thirty (30) days of receipt of the notice. 5.3. RETURN OF PROPRIETARY OR CONFIDENTIAL INFORMATION: Within ten (10) days after the termination or expiration ...of this Agreement, each party shall return to the other all Proprietary or Confidential Information of the other party (and any copies thereof) in the party's possession or, with the approval of the party, destroy all such Proprietary or Confidential Information. "Proprietary or Confidential Information" shall include, but is not limited to, written or oral contracts, trade secrets, know- how, business methods, business policies, memoranda, reports, records, computer retained information, notes, or financial information. Proprietary or Confidential Information shall not include any information which: (i) is or becomes generally known to the public by any means other than a breach of the obligations of the receiving party; (ii) was previously known to the receiving party or rightly received by the receiving party from a third party; (iii) is independently developed by the receiving party; or (iv) is subject to disclosure under court order or other lawful process. 2 Communication & Advertising Services Agreement 5.4. PRODUCT: SOFTWARE DEVELOPER ADVERTISING: ADVERTISER warrants that for a period of ___ days with regard to the Exhibit attached and/or succeeding exhibits attached defining the scope of work , that the component of the Product Advertising Materials or the Product Advertising itself will operate in accordance with all the material terms of the Product Specifications. SOFTWARE DEVELOPER Advertising specifications. ADVERTISER shall correct the nonconformity or refund to COMPANY the dollar amount attributable to the number of actual hours SOFTWARE DEVELOPER ADVERTISER spent developing the defective portion of the Product. Advertising materials. 5.5. PERFORMANCE OF PROFESSIONAL SERVICES: SOFTWARE DEVELOPER ADVERTISER warrants that the professional services will be performed in a workmanlike and professional manner by appropriately qualified personnel. View More

Term and Termination. TERM: This Agreement shall be effective from April 1, July 1st, 2021 to December 31, 31st, 2021. If everything goes as planned and the Company is happy with the results, that the Advertiser will bring, then the two parties will come into negotiations for the renewal of the Agreement. 5.2. TERMINATION FOR CAUSE: This Agreement may be terminated by either party upon written notice to the other, if the other party breaches any material obligation provided hereunder and the breaching party fails to ...cure such breach within thirty (30) days of receipt of the notice. 5.3. RETURN OF PROPRIETARY OR CONFIDENTIAL INFORMATION: Within ten (10) days after the termination or expiration of this Agreement, each party shall return to the other all Proprietary or Confidential Information of the other party (and any copies thereof) in the party's possession or, with the approval of the party, destroy all such Proprietary or Confidential Information. "Proprietary or Confidential Information" shall include, but is not limited to, written or oral contracts, trade secrets, know- how, business methods, business policies, memoranda, reports, records, computer retained information, notes, or financial information. Proprietary or Confidential Information shall not include any information which: (i) is or becomes generally known to the public by any means other than a breach of the obligations of the receiving party; (ii) was previously known to the receiving party or rightly received by the receiving party from a third party; (iii) is independently developed by the receiving party; or (iv) is subject to disclosure under court order or other lawful process. 2 5.4. PRODUCT: SOFTWARE DEVELOPER ADVERTISING: ADVERTISER warrants that for a period of 30 days with regard to the Exhibit attached and/or succeeding exhibits attached defining the scope of work , that the component of the Product Advertising Materials or the Product Advertising itself will operate in accordance with all the material terms of the Product Specifications. SOFTWARE DEVELOPER Advertising specifications. ADVERTISER shall correct the nonconformity or refund to COMPANY the dollar amount attributable to the number of actual hours SOFTWARE DEVELOPER ADVERTISER spent developing the defective portion of the Product. Advertising materials. 5.5. PERFORMANCE OF PROFESSIONAL SERVICES: SOFTWARE DEVELOPER ADVERTISER warrants that the professional services will be performed in a workmanlike and professional manner by appropriately qualified personnel. View More

Term and Termination. TERM: This Agreement shall be effective from April 1, 2021 to December 31, 2021 5.2. TERMINATION FOR CAUSE: This Agreement may be terminated by either party upon written notice to the other, if the other party breaches any material obligation provided hereunder and the breaching party fails to cure such breach within thirty (30) days of receipt of the notice. 5.3. RETURN OF PROPRIETARY OR CONFIDENTIAL INFORMATION: Within ten (10) days after the termination or expiration of this Agreement, each p...arty shall return to the other all Proprietary or Confidential Information of the other party (and any copies thereof) in the party's possession or, with the approval of the party, destroy all such Proprietary or Confidential Information. "Proprietary or Confidential Information" shall include, but is not limited to, written or oral contracts, trade secrets, know- how, business methods, business policies, memoranda, reports, records, computer retained information, notes, or financial information. Proprietary or Confidential Information shall not include any information which: (i) is or becomes generally known to the public by any means other than a breach of the obligations of the receiving party; (ii) was previously known to the receiving party or rightly received by the receiving party from a third party; (iii) is independently developed by the receiving party; or (iv) is subject to disclosure under court order or other lawful process. 2 5.4. PRODUCT: SOFTWARE DEVELOPER warrants that for a period of days with regard to the Exhibit attached and/or succeeding exhibits attached defining the scope of work , that the component of the Product or the Product itself will operate in accordance with all the material terms of the Product Specifications. SOFTWARE DEVELOPER shall correct the nonconformity or refund to COMPANY the dollar amount attributable to the number of actual hours SOFTWARE DEVELOPER spent developing the defective portion of the Product. 5.5. PERFORMANCE OF PROFESSIONAL SERVICES: SOFTWARE DEVELOPER ADVERTISER warrants that the professional services will be performed in a workmanlike and professional manner by appropriately qualified personnel. View More