Common use of Termination and Effects Clause in Contracts

Termination and Effects. This section outlines all the ways in which this agreement could be terminated and which party can seek to terminate this agreement under the described circumstances. Upon termination of this agreement, it is important that the Licensee immediately stops using the software, returns or destroys the software and any confidential information, and pays all amounts due under this agreement.

Appears in 2 contracts

Sources: Software License Agreement (Social Life Network, Inc.), Software License Agreement (Social Life Network, Inc.)