TERMINATIO N WITHOUT Clause Samples

TERMINATIO N WITHOUT. CAUSE EITHER PARTY MAY TERMINATE THIS AGREEMENT WITHOUT CAUSE BY GIVING TO THE OTHER PARTY IN ACCORDANCE WITH THE “NOTICE” PROVISIONS OF THIS AGREEM ENT DAYS NOTICE OF THE INTENT TO TERMINATE. THIS CLAUSE ALLOWS FOR TERMINATION WITHOUT CAUSE AND CAN BE USED ALONE OR IN CONJUNCTION WITH A CLAUSE FOR TERMINATION WITH CAUSE. 3.05-3 NO TERMINATIO N – SPECIFIC PERFORMANCE No breach or violation of any of the terms of this Agreement by either party shall operate to void or terminate or provide grounds for termination of this Agreement, it being the intent of the parties that the provisions of this Agreement shall be subject to specific performance, and injunctive relief shall be provided to cure any breaches prospectively, and that damages shall be awarded to redress any harm occasioned by a breach. THIS CLAUSE WOULD BE USED ONLY RARELY WHERE TERMINATION IS NOT TO BE AN OPTION AND PERFORMANCE IS EXPECTED. CORPORATIO N COUNSEL REVIEW SHOULD BE SOUGHT PRIOR TO UTILIZING THIS CLAUSE 4.01-1 CONSIDERATION T HI S CL A US E S E T S F OR T H T HE CO NS I DE RA T I ON WHI CH CA N B E MONETARY OR NON-MONETARY, SUCH AS SERVICES . EACH PA RTY T O T HE AGREEMENT GIVES SOME CONSIDERATION IN TETURN FOR THE CONSIDERATION GIVEN BY THE OTHER PARTY. 4.02-1 LATE PAYMENT IN THE EVENT THAT A PARTY OBLIGATED TO MAKE ANY PAYMENT UNDER THE TERMS OF THIS AGREEMENT FAILS TO MAKE SUCH PAYMENTS AS REQUIRED HEREIN AND IN A TIMELY FASHION, THE DEFAULTING PARTY SHALL PAY THE PARTY TO WHOM THE PAYMENT IS OWNED INTEREST AT THE RATE OF 1.5% PER MONTH COMPOUNDED ON ANY AMOUNT THAT IS DELINQ UENT COMMENCING WITH THE DATE THE PAYMENT BECAME DELINQUENT. 5.01-1 OBLIGATIONS O F THE PARTIES THIS PORTION OF THE AGREEMENT SHOU ▇ ▇ SET F OR T H THE DU T IES , OBLIGATIONS AND RESPONSIBILITIES OF EACH PARTY AND THE PRODUCTS AND SERVICES TO BE PROVIDED. 5.02-1 CONTINGENCY CLAUSE THIS CLAUSE IS INTENDED TO ADDRESS T HE P RO T OC OL F OR ADDR E S S ING CONTINGENCIES AS WELL AS NOTICE, FIN AN C IAL IMPLIC ATIO N S AND T IME FACTORS. THIS CLAUSE IS NOT INTENDED TO ADDRESS EMERGENCIES OR UNFORESEEN CONDITION S [SEE CLAUSE 8.14-1 AND 8.14-2] BUT RATHER INTEND ED TO ADDR E S S OPT ION S THAT MAY BE EXERCISED BY A PARTY AT SOME POINT IN THE TERM OF THE AGREEMENT. 6 RISK MANAGEMENT INDEMNIFICATIO N AN D HOLD HARMLESS [NAM E OF PARTY] SHALL DEFEND, INDEMNIFY AND HOLD HARMLESS AND DEFEND KENOSHA COUNTY AND ITS OFFICIALS, OFFICERS, DEPARTMENTS, AGENCIES, COMMITTEES, BOARD ME MBE RS , REPRESENTAT ▇▇▇▇ , ▇ ▇ ▇▇ ▇▇▇ ES , A ...