Term of Contract and Termination 1. This Contract is concluded and takes effect at 06:00 hours on 02 April 201_, and shall be effective until 06:00 hours on 02 April 201_ .
2. This Contract Agreement shall automatically terminate upon:
(i) the suspension or cessation of the Contracted RRM’s status as RRM;
(ii) the termination of the contract on the provision of fundamental data reporting service between MFGT and the Contracted RRM. MFGT shall inform the System User as soon as reasonably practicable in case of events set out in this Section VI.2.
3. Either party may terminate this Contract with ordinary termination at any time without justification by giving written notice of at least thirty days to the other party. The notice letter shall specify the duration of the notice period and the termination date.
4. Upon the termination of this Contract for any reason: • MFGT will stop providing the Reporting Services; In case of Contract termination, MFGT shall do its utmost so that the information transferred to and received from ACER are kept by the Contracted RRM a for a period of twelve months after termination in accordance with the RRM Requirements. This information will be accessible to the System User through MFGT during that period. After that period, System User may request MFGT to arrange the deletion of all data related to the System User from the Contracted RRM IT system. MFGT shall not assume any responsibility for the obligations of the RRM referred to in this section.
5. Termination shall not affect the rights or obligations accrued at the time of termination. Any provision of this Contract which are binding the parties even after termination shall remain effective until such rights or obligations have been satisfied or released.
Election and Term The President, Treasurer and Secretary shall, and the Chairman of the Board may, be appointed by and shall hold office at the pleasure of the Manager or the Board. The Manager, the Board, or the President may each appoint such other officers and agents as such person shall deem desirable, who shall hold office at the pleasure of the Manager, the Board, or the President, and who shall have such authority and shall perform such duties as from time to time shall, subject to the provisions of Section 5(d) hereof, be prescribed by the Manager, the Board, or the President.
Commencement Date and Term 1.1 This Agreement shall come into force on [insert date] (the “Commencement Date”) and, subject to paragraph 1.2 below, shall continue in full force and effect until [insert date] OR [until all Services have been completed and all Deliverables have been delivered to the British Council’s satisfaction as set out in Schedule 2 (Terms of Reference)] (the “Term”).
1.2 Notwithstanding anything to the contrary elsewhere in this Agreement, the British Council shall be entitled to terminate this Agreement by serving not less than [insert number of days] days’ written notice on the Supplier.
Acceptance and Term Subject to the terms and conditions set forth in this Agreement, the Company hereby offers, and the Employee hereby accepts, continuing employment on an at-will basis. Subject to earlier termination as hereinafter provided, the Employee’s employment shall continue until terminated pursuant to Section 5 hereof (the “Term”).