NEGOTIATION TERMINATION Clause Samples

The Negotiation Termination clause defines the conditions under which parties may end ongoing contract negotiations without reaching a final agreement. Typically, this clause outlines the process for providing notice of termination, any obligations that survive the end of negotiations, and whether any costs or confidential information must be addressed upon termination. Its core function is to give both parties a clear and structured way to exit discussions if an agreement cannot be reached, thereby managing expectations and reducing potential disputes over unfinished negotiations.
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NEGOTIATION TERMINATION. If the COB is unable to negotiate a satisfactory contract with the firm initially selected as most qualified at a fee the COB deems to be fair and reasonable, negotiations with that firm will be
NEGOTIATION TERMINATION. Any negotiations pursuant to Section 3.4 shall automatically terminate, unless the Negotiation Period is extended as provided in Section 3.3(a)(ii) (the “Negotiations End Date”).