Common use of Termination and Variation Clause in Contracts

Termination and Variation. a. This Agreement can be terminated by either party for any reason whatsoever by way of thirty (30) days’ notice in writing from one to the other. b. If the Client ever falls one (1) month in arrears for the payment of Services, the Company may do any of the following: i. Cease contact between the Employee and the Client (including disabling any equipment including the telephone line); ii. Terminate this Agreement with immediate effect; or iii. Charge interest on the arrears at a rate of 15% per annum until the full amount outstanding is repaid. c. The Services to be provided under this Agreement can be varied by the Client by way of thirty (30) days’ notice in writing from it to the Company. d. For clarity, this means that the Client may choose to reduce their Services under this Agreement, and need not terminate the entire Agreement in doing so. e. The Company may unilaterally vary, change or amend any term of this Agreement without notice or agreement of the Client. f. The Schedule may only be changed, amended or varied by way of written agreement between both Parties. g. The client may only vary, change or amend the terms of this Agreement by way of written agreement between both Parties.