Termination Agreement and Release Sample Contracts

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TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • May 13th, 2008 • Merrill Lynch & Co Inc • Security brokers, dealers & flotation companies • New York

This TERMINATION AGREEMENT AND RELEASE, dated as of May 11, 2008 (this “Agreement”), is entered into by and among Cloud Holding Company, LLC, a Delaware limited liability company (“Purchaser”), Cloud Acquisition Corporation, a Delaware corporation and a direct, wholly-owned subsidiary of Purchaser (“Midco”), MLGPE Fund US Alternative, L.P., a Delaware limited partnership (the “ML Investor”), Lewis W. Dickey, Jr. (“LD”), John W. Dickey, David W. Dickey, Michael W. Dickey and Lewis W. Dickey, Sr. (LD, together with the other named members of the Dickey family, the “Rollover Investors”). Each of the foregoing are collectively referred to herein as the “Parties” and each individually as a “Party”. Capitalized terms used but not defined in this Agreement shall have the respective meanings given to them in the IIA (as defined below).

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • March 30th, 2023 • Vinebrook Homes Trust, Inc. • Real estate investment trusts • Delaware

This TERMINATION AGREEMENT AND RELEASE (“Agreement”) is made and entered into effective as of January 17, 2023 (the “Effective Date”) by and among SOF-XI TERM HOLDINGS, L.P., a Delaware limited partnership, SOF-XI RS HOLDINGS, L.P., a Delaware limited partnership, and SFR MASTER HOLDING, L.P., a Delaware limited partnership (collectively, “Seller”), and VB SEVEN, LLC, a Delaware limited liability company (as successor by assignment to VB Five, LLC, “Buyer”). Each party to this Agreement may be referred to individually as a “Party” and collectively as the “Parties”.

Termination Agreement and Release
Termination Agreement and Release • March 1st, 2010 • SCM Microsystems Inc • Computer peripheral equipment, nec • California

This Termination Agreement and Release (this “Agreement”) is made by and between SCM Microsystems, Inc., a Delaware corporation (the “Corporation”), SCM Microsystems GmbH, a wholly-owned subsidiary of the Corporation (“SCM GmbH”), and Felix Marx, an individual (“Marx”), is entered into and effective as of the 1st day of March, 2010 (the “Effective Date”).

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • May 9th, 2012 • United Insurance Holdings Corp. • Fire, marine & casualty insurance

This Termination Agreement and Release (this “Agreement”) is dated April 2, 2012, by and between 1347 Advisors LLC (“1347”), and United Insurance Management (“UIM”). 1347 and UIM are each referred to herein individually as a “Party” and collectively as the “Parties”.

TERMINATION AGREEMENT AND RELEASE OF ALL CLAIMS
Termination Agreement and Release • November 30th, 2009 • FBL Financial Group Inc • Life insurance • Iowa

This confidential Termination Agreement and Release of All Claims (“Agreement”), effective upon the execution of this Agreement, is made and entered into by James W. Noyce (the “Executive”) and FBL Financial Group, Inc. (“FBL” or the “Company”). By signing this Agreement, the Executive and Company agree as follows:

RECITALS
Termination Agreement and Release • February 4th, 1999 • Orcad Inc • Wholesale-computers & peripheral equipment & software • Oregon
TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • January 7th, 2008 • Westside Energy Corp • Crude petroleum & natural gas • Texas

This TERMINATION AGREEMENT AND RELEASE (this “Agreement” and together with the Reaffirmation (as hereinafter defined), the “Release”), dated as of December 31, 2007, is made and entered into by and between Westside Energy Corporation, a Nevada corporation (the “Company”), and [ ] (the “Releasing Party”).

Termination Agreement and Release Between Coast National Insurance Company ("Coast National") And Security National Insurance Company ("Security National") And Bristol West Insurance Company ("Bristol West") And Bristol West Casualty Insurance Company...
Termination Agreement and Release • March 21st, 2005 • Bristol West Holdings Inc • Fire, marine & casualty insurance • New York

WHEREAS, Coast National, Security National, Bristol West and Bristol West Casualty (together the "Company") and the Subscribing Reinsurer entered into an Interests and Liabilities Agreement with an effective date of January 1, 2002 (the "I&L") whereby the Subscribing Reinsurer took a 10% share in the interests and liabilities of the "Reinsurer" as set forth in a Quota Share Reinsurance Agreement issued to Company with an effective date of January 1, 2002 and any amendments thereto (the "Contract");

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • May 22nd, 2007 • Winning Edge International, Inc. • Services-miscellaneous amusement & recreation • Delaware

THIS TERMINATION AGREEMENT AND RELEASE (this "Agreement") is made and entered into as of the 18th day of May, 2007, by and between WINNING EDGE INTERNATIONAL, INC., a Delaware corporation (“Winning Edge”), PROGAMES ACQUISITION CORP., a Delaware corporation and a wholly-owned subsidiary of Winning Edge (the “Merger Sub”), and PROGAMES NETWORK, INC., a Delaware corporation (“ProGames”). Winning Edge, the Merger Sub and ProGames each, individually, a “Party” or, collectively, the “Parties.”

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • August 4th, 2021 • Nacco Industries Inc • Household appliances • North Dakota

This Termination Agreement and Release (the “Agreement”), is entered into as of June 30, 2021, between The Falkirk Mining Company, an Ohio corporation (“Falkirk”), and Great River Energy, a Minnesota cooperative corporation (“GRE”). NoDak Energy Investments Corporation, a Nevada corporation (“NoDak”) is a party for purposes of Section 4, Section 12 and Section 17 hereof.

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • October 22nd, 2008 • Revett Minerals Inc. • Gold and silver ores • Washington

This termination agreement and release (the “Agreement”) is made and entered into effective as of the Effective Date (defined below), by and between Revett Minerals Inc. and its subsidiary corporations, Revett Silver Company, RC Resources, Inc. and Genesis, Inc. (hereinafter referred to collectively as “Revett”), whose address is 11115 East Montgomery Drive, Suite G, Spokane Valley, Washington 99206; and William Orchow (hereinafter referred to as “Orchow”), whose address is 67 P Street, Salt Lake City, Utah 84103.

Termination Agreement and Release Between Coast National Insurance Company ("Coast National") and Security National Insurance Company ("Security National") and Bristol West Insurance Company ("Bristol West") and Bristol West Casualty Insurance Company...
Termination Agreement and Release • March 21st, 2005 • Bristol West Holdings Inc • Fire, marine & casualty insurance • New York

WHEREAS, Coast National, Security National, Bristol West and Bristol West Casualty (together the "Company") and the Reinsurer entered into a Quota Share Reinsurance Agreement with an effective date of January 1, 2002 and any amendments thereto (the "Contract") whereby the Reinsurer took a 40% participation of the Company's Policies as defined under the Contract;

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • June 26th, 2013 • Arch Therapeutics, Inc. • Retail-auto & home supply stores • Nevada

This TERMINATION AGREEMENT AND RELEASE (this “Agreement”), dated June 25, 2013, is entered into by and between Arch Therapeutics, Inc., a Massachusetts corporation (the “Company”), and Dr. Terrence W. Norchi (“T. Norchi”), with respect to the following facts:

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • June 14th, 2022 • Seachange International Inc • Services-prepackaged software • Delaware

This TERMINATION AGREEMENT AND RELEASE (this “Termination Agreement”) is made as of June 13, 2022 (the “Effective Date”), by and between SEACHANGE INTERNATIONAL, INC., a Delaware corporation (“Buyer”), and TRILLER HOLD CO LLC, a Delaware limited liability company (the “Company”). Each of Buyer and the Company is referred to herein as a “Party,” and they are collectively referred to herein as the “Parties.”

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • May 25th, 2007 • Metretek Technologies Inc • Services-business services, nec • Colorado

This TERMINATION AGREEMENT AND RELEASE (this “Agreement”) is made and entered into effective as of May 21, 2007, by and between Metretek Technologies, Inc., a Delaware corporation (the “Company”), and Daniel J. Packard, a Colorado resident (“Packard”).

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Termination Agreement and Release Between Coast National Insurance Company ("Coast National") and Security National Insurance Company ("Security National") and Bristol West Insurance Company ("Bristol West") and Bristol West Casualty Insurance Company...
Termination Agreement and Release • March 21st, 2005 • Bristol West Holdings Inc • Fire, marine & casualty insurance • New York

WHEREAS, Coast National, Security National, Bristol West and Bristol West Casualty (together the "Company") and the Subscribing Reinsurer entered into an Interest and Liabilities Agreement with an effective date of January 1, 2002 (the "I&L") whereby the Subscribing Reinsurer took a 50% share in the interests and liabilities of the "Reinsurer" as set forth in a Quota Share Reinsurance Agreement issued to Company with an effective date of January 1, 2002 and any amendments thereto (the "Contract");

STOCK AND NOTE PURCHASE AGREEMENT between
Termination Agreement and Release • April 18th, 2024 • SYBLEU Inc • Pharmaceutical preparations • Utah

This Stock and Note Purchase Agreement (this “Agreement”), dated as of April 12, 2024, is entered into between SYBLEU Inc., a Wyoming corporation (“Company”), Worldwide Holdings Investment Group, L.L.C., a Utah limited liability company (“Purchaser”), Zander Therapeutics, Inc. (“Zander Therapeutics, Inc.”), Zander Biologics, Inc. (“Zander Biologics”), Bostonia Partners, Inc. (“Bostonia” and, together with Zander Therapeutics, Inc. and Zander Biologics, the “Noteholders”), Harry Lander (“Lander”) and Joseph G. Vaini (“Vaini” and, together with Lander, the “Sellers”). Capitalized terms used in this Agreement have the meanings given to such terms herein.

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • October 28th, 2014 • Transcept Pharmaceuticals Inc • Pharmaceutical preparations

THIS TERMINATION AGREEMENT AND RELEASE (hereinafter referred to as this “Agreement”) is made and entered into as of September 19, 2014 (the “Effective Date”), by and among Shin Nippon Biomedical Laboratories, Ltd., a Japanese corporation (“SNBL”) and Transcept Pharmaceuticals, Inc., a Delaware corporation (“Transcept”). SNBL and Transcept may each be referred to herein as a “Party” or collectively as the “Parties.”

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • January 7th, 2016 • Spotlight Innovation, Inc. • Oil & gas field services, nec

This TERMINATION AGREEMENT AND RELEASE, dated as of December 23, 2015 (this "Agreement"), is entered into by and among Spotlight Innovation Inc. ("Company"), the nine investors listed on the signature page hereto (each, an "Investor" and collectively, the "Investors"), Elco Securities, Ltd. (the "Intermediary"), Jonathan Kramer ("Escrow Agent"), Catwalk Capital, LLC (the "Advisor"), and Cristopher Grunewald.

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • December 8th, 2016 • On THE MOVE Corp • Blank checks • Florida

This TERMINATION AGREEMENT AND RELEASE (this "Agreement"), effective as of the 31" day of July, 2016 (the "Effective Date"), is by and among On the Move Corporation, a Nevada corporation with its principal place of business at 12355 Hagen Ranch Road, Suite 604, Boynton Beach, Florida 33437 ("Purchaser"), West Boynton Auto Service, Inc. d/b/a Hagen Ranch Texaco, a Florida corporation ("Hagen Ranch"), Spanish River Service, Inc. d/b/a Jupiter Farms Chevron, a Florida corporation ("Jupiter Farms"), and Seeliva Industries, Inc., a Florida corporation, d/b/a Wellington BP ("Wellington" and together with Hagen Ranch and Jupiter Farms, the "Sellers" and individually, a "Seller"). The Sellers and Purchaser shall hereinafter be referred to collectively as the "Parties" and individually, as a "Party").

TERMINATION AGREEMENT AND RELEASE (“AGREEMENT”)
Termination Agreement and Release • September 14th, 2012 • CHC Helicopter S.A. • Air transportation, nonscheduled • British Columbia

This Agreement is made and entered into by and between John Graber (the “Executive”) and Heli-One American Support LLC. (the “Company”). For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • March 22nd, 2005 • MRS Fields Famous Brands LLC • Retail-food stores • Utah

THIS TERMINATION AGREEMENT AND RELEASE (the “Agreement”) is entered into effective as of December 24, 2004, by and between MRS. FIELDS FRANCHISING, LLC, a Delaware limited liability corporation (“MFF”), the successor in interest to MRS. FIELDS’ BRAND, INC, and SHADEWELL GROVE IP, LLC (“Shadewell”), the successor in interest to NONNI’S FOOD COMPANY, INC. MFF and Shadewell sometimes are referred to in this Agreement individually, as a “Party” and collectively, as the “Parties.”

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • May 23rd, 2005 • Becoming Art Inc • Retail-miscellaneous retail • Nevada

THIS TERMINATION AGREEMENT AND RELEASE (the “Agreement”) is made and entered into as of May 18, 2005, by and among BECOMING ART, INC., a Nevada corporation (“Parent”), 20/20 ACQUISITION, INC., a Delaware corporation and a wholly-owned subsidiary of Parent (“Acquisition Corp.”), and 20/20 TECHNOLOGIES, INC., a Delaware corporation (the “Company”) (collectively referred to as “Released Parties”). The Released Parties and their officers, directors, attorneys, agents and affiliates are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • November 24th, 2008 • Automatic Data Processing Inc • Services-computer processing & data preparation

This Termination Agreement and General Release (hereinafter, the “Agreement”) is made and entered into this 24th day of November, 2008, by and between S. Michael Martone (hereinafter referred to as “Martone”), and Automatic Data Processing, Inc. (hereinafter referred to as the “Company”).

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • May 10th, 2013 • Mirati Therapeutics, Inc.

This Termination Agreement and Release (the “Agreement”) is made by and between MethylGene Inc. (the “Corporation”) and Mr. Charles Grubsztajn (the “Executive”) as of the 21st day of September, 2012.

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • June 22nd, 2010 • Baby Fox International, Inc. • Retail-women's clothing stores • Nevada

This TERMINATION AGREEMENT AND RELEASE (this “Agreement”) dated as of June 17, 2010 (the “Effective Date”) is made and entered into by and among Hitoshi Yoshida, an Individual residing at No. 22-23, 5 Chome, Nakano, Nakanoku, Tokyo, Japan (“Hitoshi”) and Jieming Huang, an Individual residing at Rome 102, Bing Suite, No. 65 Qingtanxincun, Changzhou, China 213000 (“Jieming”), Jieping Huang, an Individual residing at Room 1201, No. 1 Building, Shijiahuating, Changzhou, China 213000 (“Jieping”) and Linyin Wang, an Individual residing at Room 1301, Jia Suite, No. 2 building, Yulong Park, Zhonglou District, Changzhou, China 213000 (“Linyin”). Hitoshi, Jieming, Jieping and Linyin are collectively referred to herein as the “Parties” and each individually as a “Party”.

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • January 7th, 2016 • Spotlight Innovation, Inc. • Oil & gas field services, nec • Iowa

This TERMINATION AGREEMENT AND RELEASE, dated as of December 23, 2015 (this "Agreement"), is entered into by and among Spotlight Innovation Inc. ("Maker") and The Greig Companies, Inc. ("Holder").

TERMINATION AGREEMENT AND RELEASE
Termination Agreement and Release • February 11th, 2005 • New England Power Co • Electric services

This Termination Agreement and Release (the “Agreement”) is entered into as of January 31, 2005, by and between New England Power Company (“NEP”) and USGen New England, Inc. (“USGenNE”). NEP and USGenNE are sometimes referred to herein individually as “Party” or collectively as “the Parties”. WHEREAS, NEP and USGenNE are parties to a PSA Performance Support Agreement (Taunton Municipal Lighting Plant) dated as of August 5, 1997 (the “PSA”); WHEREAS, pursuant to the PSA, USGenNE is agent to NEP in connection with a System Power Sales Agreement dated as of November 10, 1993 between NEP and Taunton Municipal Lighting Plant (“TMLP”)(the “Power Sales Agreement”); WHEREAS, pursuant to a Settlement Agreement and Release dated as of the same date as this Agreement (the “Settlement Agreement”), NEP, USGenNE, and TMLP have agreed to terminate the Power Sales Agreement; WHEREAS, on July 8, 2003, USGenNE filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the Uni

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