Change Termination Clause Samples

Change Termination. Changes or termination of this agreement shall be effective after being signed by all parties.

Change Termination. Article XVI. Change to this Contract a) In case of failure by the Parties to perform this Contract arising from or incurred by any material change to the laws, administrative regulations and corporate policies and By-laws which are adopted as the basis for execution of this Contract, the Parties shall make any necessary change to this Contract and in a timely manner proceed with the procedures for that change. b) In case of failure by the Parties to perform this Contract arising from or incurred by any material change to the circumstance upon which this Contract is executed, the Parties may conclude any change to this Contract by negotiation in a good faith. Article XVII. Either party proposing any change to this Contract shall notify the other party by a written notice in relation to such proposed change. That party receiving such notice shall give a reply in writing to the notifying party within fifteen (15) days (including the fifteenth day) of reception of such notice. No reply within fifteen (15) days delivered shall be deemed as consent to that change. Article XVIII. Party A may immediately terminate this Contract without any indemnification paid if Party B: a) is proved to be incompetent for the recruitment conditions during the Probation; b) makes any material breach of labor discipline or Party A’s corporate policies or By-laws; c) makes any serious negligence and malpractice which causes any great loss or damage to Party A; d) fails to provide to Party A any true certification in relation to its ID, education, employment experience and professional skills etc as required by this Contract; e) is convicted of offence against criminal laws; or f) causes other circumstance as designated by Party A. Article XIX. Party A may terminate this Contract by a 30 days written notice to Party B if Party B: a) is ill, or injured due to any reason other than that in relation to its duties, and is incompetent for its original duties or other duties separately appointed by Party A upon expiration of Medical Treatment Period in relation to such illness or injury; b) is incompetent for the pre-defined duties, or fails to satisfy the requirement by Party A in respect of abilities and performance, and after trained or with other appointment granted, remain incompetent; or c) fails to conclude an agreement with Party A in case of occurrence of any material change to the circumstance upon which this Contract is executed. Article XX. If it is or become insolvent, suffers...

Change Termination. The Merchant may terminate this Agreement by giving 30 days’ written notice if Fiserv increases (in aggregate) the fees and charges payable by the Merchant or if Fiserv gives notice of or publishes an amendment of the terms of this Agreement that materially diminishes the Merchant’s rights or increases the Merchant’s obligations under this Agreement. This termination right will not arise where a change is due to a change in Laws and has to be exercised within 30 days from a notice or publication.