Term Effective Date Termination Clause Samples
The 'Term; Effective Date; Termination' clause defines when an agreement begins, how long it remains in effect, and the conditions under which it can be ended. Typically, this clause specifies the exact start date (the effective date), outlines the duration of the contract (such as a fixed term or ongoing until terminated), and details the procedures or events that allow either party to terminate the agreement, such as breach, notice, or mutual consent. Its core function is to provide clear boundaries for the contractual relationship, ensuring both parties understand when their obligations start and end, and under what circumstances the agreement can be concluded early.
Term Effective Date Termination a. The term of this Agreement shall be for the 2021-2022, 2022-2023, and 2023-2024 school year(s). This Agreement shall be effective upon approval by the Board of Education and execution by the duly authorized representatives of the parties.
b. This Agreement may be terminated at any time by the mutual agreement of the parties by written instrument executed and approved in the same manner as this Agreement. In the alternative, this Agreement may be terminated by either party upon thirty (30) days prior written notice to the other party, pursuant to Section 31 (“Notice to Parties”). Neither such termination shall be deemed to be a breach of this Agreement. In no event shall termination take effect with respect to currently placed University Interns, who shall be permitted to complete their placements for the then-current District fiscal year in which this Agreement is terminated under this Section, unless such placement is otherwise terminated as provided for in this Agreement.
Term Effective Date Termination