Termination Clause Example from Business Contracts

Termination. This Agreement may be terminated at any time prior to the Closing (a) by the mutual written consent of Purchaser and Company or (b) by either Purchaser or Company if (i) a breach of any provision of this Agreement has been committed by the other party and such breach has not been cured within 10 days following receipt by the breaching party of written notice of such breach, or (ii) the Closing does not occur by July 1, 2015. Upon termination, all further obligations of the parties under this Agr...eement shall terminate without liability of any party to the other parties to this Agreement, except that no such termination shall relieve any party from liability for any fraud or willful breach of this Agreement. 10 13. Expenses. The Company agrees to pay all reasonable expenses, including legal fees and disbursements, incurred by Purchaser in connection with this Agreement, the Warrant Agreement and the transactions contemplated hereby and thereby. View More