Termination Clause Example from Business Contracts

This example Termination clause appears in 5 contracts from 3 companies

Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Lock-up Periods or (ii) the liquidation of the Company; provided, however, that this Letter Agreement shall earlier terminate in the event that the Public Offering is not consummated and closed by December 31, 2021; provided further that paragraph 5 of this Letter Agreement shall survive such liquidation.