Common use of Duration, Termination, and Dissolution of the Agreement Clause in Contracts

Duration, Termination, and Dissolution of the Agreement. The duration of the Agreement is specified in the Order Form. Any conditions and terms for the termination of the Agreement are specified in the Order Form and in Agilos' Terms and Conditions. At the latest 4 weeks before the end of the current term, the End User will send Agilos a written request to ask for an extension of the Agreement. If Agilos agrees to such an extension of the Agreement, Agilos will inform the End User about this decision. Barring any stipulations to the contrary, a possible extension of the Agreement shall be granted under the same conditions as the initial Agreement. Unless the Agreement is dissolved and/or terminated due to gross negligence of Agilos, all of the Services delivered for the components as yet not completed at that moment shall be compensated for and paid at the current average hour rates set by Agilos; without prejudice to Agilos' right to provide evidence for any actual damages suffered, using any legal means possible, if such compensation for damages proves to be a higher amount than the hour rates charged.

Duration, Termination, and Dissolution of the Agreement. The duration of the Agreement is specified in the Order Form. Any conditions and terms for the termination of the Agreement are specified in the Order Form and in Agilos' Terms and Conditions. At the latest 4 weeks before the end of the current term, the End User will send Agilos a written request to ask for an extension of the Agreement. If Agilos agrees to such an extension of the Agreement, Agilos will inform the End User about this decision. Barring any stipulations to the contrary, a possible extension of the Agreement shall be granted under the same conditions as the initial Agreement. Unless the Agreement is dissolved and/or terminated due to gross negligence of Agilos, all of the Services delivered for the components as yet not completed at that moment shall be compensated for and paid at the current average hour rates set by AgilosXxxxxx; without prejudice to Agilos' right to provide evidence for any actual damages suffered, using any legal means possible, if such compensation for damages proves to be a higher amount than the hour rates charged.