Common use of CANCELLATION AND VARIATION Clause in Contracts

CANCELLATION AND VARIATION. 7.1. Except where otherwise stated in a Quote or Contract for Services, this Agreement will expire on completion of the Services to be provided pursuant to it. 7.2. This Agreement (and any Services to be provided under it) may only be cancelled with the written consent of MIKROS and in accordance with these Terms (and if applicable, the terms of any subsequent Contract for Services). The giving of consent shall not in any way prejudice MIKROS’s right to recover from the Client full compensation for any loss or expense arising from such cancellation of this Agreement. 7.3. Notwithstanding clause 7.2 and without prejudice to any other rights or remedies available to MIKROS, the Client may give MIKROS written notice of cancellation of this Agreement (and any Services to be provided thereunder), provided that where such notice is received by MIKROS: 7.3.1. less than 24 hours prior to the date for performance or the commencement of performance of the relevant Services (the “Target Date”), MIKROS shall be entitled to charge the Client the full price specified in the Quote or the relevant Contract for Services or, if none is stated, the applicable amount chargeable to the Client based on MIKROS’s rate card current at the Target Date; and 7.3.2. less than five calendar days but more than 24 hours prior to the applicable Target Date, MIKROS shall be entitled to charge the Client the justified out of pocket costs and one half of the full price specified in the Quote or the relevant Contract for Services or, if none is stated, one half of the applicable amount that chargeable to the Client based on MIKROS’s rate card current at the Target Date, 7.3.3. more than five calendar days prior to the applicable Target Date, MIKROS shall be entitled to charge the Client the justified out of pocket costs, in each case reflecting the fact that XXXXXX is unlikely to be able to secure an order for the Services and/or to reallocate the resources allocated to the Client’s order within the specified timeframes. 7.4. Any provisions of this Agreement which by their nature are intended to survive cancellation or expiration (including clause 6 (Confidentiality) and clause 8 (Liability and Indemnity)) shall remain in full force and effect notwithstanding any cancellation or expiration of this Agreement.

CANCELLATION AND VARIATION. 7.1. Except where otherwise stated in a Quote or Contract for Services, this Agreement will expire on completion of the Services to be provided pursuant to it. 7.2. This Agreement (and any Services to be provided under it) may only be cancelled with the written consent of MIKROS Sondr and in accordance with these Terms (and if applicable, the terms of any subsequent Contract for Services). The giving of consent shall not in any way prejudice MIKROSSondr’s right to recover recov- er from the Client full compensation for any loss or expense arising from such cancellation of this Agreement. 7.3. Notwithstanding clause 7.2 and without prejudice to any other rights or remedies available to MIKROSSondr, the Client may give MIKROS Sondr written notice of cancellation of this Agreement (and any Services to be provided thereunder), provided that where such notice is received by MIKROSSondr: 7.3.1. less than 24 hours prior to the date for performance or the commencement of performance of the relevant Services (the “Target Date”), MIKROS Sondr shall be entitled to charge the Client the full price specified in the Quote or the relevant Contract for Services or, if none is stated, the applicable amount chargeable to the Client based on MIKROSSondr’s rate card current at the Target Date; and 7.3.2. less than five calendar days but more than 24 hours prior to the applicable Target Date, MIKROS Sondr shall be entitled to charge the Client the justified out of pocket costs and one half of the full price specified in the Quote or the relevant Contract for Services or, if none is stated, one half of the applicable amount that chargeable to the Client based on MIKROSSondr’s rate card current at the Target Date,, SONDR TERMS AND CONDITIONS OF BUSINESS | 5 7.3.3. more than five calendar days prior to the applicable Target Date, MIKROS Sondr shall be entitled to charge the Client the justified out of pocket costs, in each case reflecting the fact that XXXXXX Sondr is unlikely to be able to secure an order for the Services and/or to reallocate the resources allocated to the Client’s order within the specified timeframes. 7.4. Any provisions of this Agreement which by their nature are intended to survive cancellation or expiration expi- ration (including clause 6 (Confidentiality) and clause 8 (Liability and Indemnity)) shall remain in full force and effect notwithstanding any cancellation or expiration of this Agreement.

CANCELLATION AND VARIATION. 7.1. Except where otherwise stated in a Quote or Contract for Services, this Agreement will expire on completion of the Services to be provided pursuant to it. 7.2. This Agreement (and any Services to be provided under it) may only be cancelled with the written consent of MIKROS MIKROS/TECHNICOLOR and in accordance with these Terms (and if applicable, the terms of any subsequent Contract for Services). The giving of consent shall not in any way prejudice MIKROS/TECHNICOLOR’s right to recover from the Client full compensation for any loss or expense arising from such cancellation of this Agreement. 7.3. Notwithstanding clause 7.2 and without prejudice to any other rights or remedies available to MIKROS/TECHNICOLOR, the Client may give MIKROS MIKROS/TECHNICOLOR written notice of cancellation of this Agreement (and any Services to be provided thereunder), provided that where such notice is received by MIKROS/TECHNICOLOR: 7.3.1. less than 24 hours prior to the date for performance or the commencement of performance of the relevant Services (the “Target Date”), MIKROS MIKROS/TECHNICOLOR shall be entitled to charge the Client the full price specified in the Quote or the relevant Contract for Services or, if none is stated, the applicable amount chargeable to the Client based on MIKROS/TECHNICOLOR’s rate card current at the Target Date; and 7.3.2. less than five calendar days but more than 24 hours prior to the applicable Target Date, MIKROS MIKROS/TECHNICOLOR shall be entitled to charge the Client the justified out of pocket costs and one half of the full price specified in the Quote or the relevant Contract for Services or, if none is stated, one half of the applicable amount that chargeable to the Client based on MIKROS/TECHNICOLOR’s rate card current at the Target Date, 7.3.3. more than five calendar days prior to the applicable Target Date, MIKROS MIKROS/TECHNICOLOR shall be entitled to charge the Client the justified out of pocket costs, in each case reflecting the fact that XXXXXX MIKROS/TECHNICOLOR is unlikely to be able to secure an order for the Services and/or to reallocate the resources allocated to the Client’s order within the specified timeframes. 7.4. Any provisions of this Agreement which by their nature are intended to survive cancellation or expiration (including clause 6 (Confidentiality) and clause 8 (Liability and Indemnity)) shall remain in full force and effect notwithstanding any cancellation or expiration of this Agreement.

CANCELLATION AND VARIATION. 7.1. 7.1 Except where otherwise stated in a Quote or Contract for Services, this Agreement will expire on completion of the Services to be provided pursuant to it. 7.2. 7.2 This Agreement (and any Services to be provided under it) may only be cancelled with the written consent of MIKROS MPC and in accordance with these Terms (and if applicable, the terms of any subsequent Contract for Services). The giving of consent shall not in any way prejudice MIKROSMPC’s right to recover from the Client full compensation for any loss or expense arising from such cancellation of this Agreement. 7.3. 7.3 Notwithstanding clause 7.2 and without prejudice to any other rights or remedies available to MIKROSMPC, the Client may give MIKROS MPC written notice of cancellation of this Agreement (and any Services to be provided thereunder), provided that where such notice is received by MIKROSMPC: 7.3.1. 7.3.1 less than 24 hours prior to the date for performance or the commencement of performance of the relevant Services (the “Target Date”), MIKROS MPC shall be entitled to charge the Client the full price specified in the Quote or the relevant Contract for Services or, if none is stated, the applicable amount chargeable to the Client based on MIKROSMPC’s rate card current at the Target Date; and 7.3.2. 7.3.2 less than five calendar working days but more than 24 hours prior to the applicable Target Date, MIKROS MPC shall be entitled to charge the Client the justified out of pocket costs and one half of the full price specified in the Quote or the relevant Contract for Services or, if none is stated, one half of the applicable amount that chargeable to the Client based on MIKROSMPC’s rate card current at the Target Date, 7.3.3. more than five calendar days prior to the applicable Target Date, MIKROS shall be entitled to charge the Client the justified out of pocket costs, in each case reflecting the fact that XXXXXX MPC is unlikely to be able to secure an order for the Services and/or to reallocate the resources allocated to the Client’s order within the specified timeframes. 7.47.4 MPC may cancel this Agreement (and any Services to be provided under it) at any time on written notice to the Client. Cancellation under this clause shall be without prejudice to any other rights or remedies available to MPC (including the right of MPC to recover payment from the Client for any Services provided). 7.5 Any provisions of this Agreement which by their nature are intended to survive cancellation or expiration (including clause 6 (Confidentiality) and clause 8 (Liability and Indemnity)) shall remain in full force and effect notwithstanding any cancellation or expiration of this Agreement.