Duties Following Termination Sample Clauses
The "Duties Following Termination" clause defines the obligations that each party must fulfill once a contract ends, whether by expiration or early termination. Typically, this clause requires the return or destruction of confidential information, the settlement of outstanding payments, and the cessation of any ongoing use of the other party’s property or intellectual property. Its core function is to ensure a clear and orderly conclusion to the contractual relationship, minimizing disputes and protecting the interests of both parties after the agreement has ended.
Duties Following Termination. Upon Termination of this Agreement, neither party shall have any obligation to the other party except as hereinafter set forth in this Section 10.6. Notwithstanding the termination or expiration of this Agreement pursuant to this Article 10 or any other provision of this Agreement, unless otherwise indicated in this Agreement, all rights and obligations which were incurred or which matured under specific Purchase Orders issued prior to the effective date of termination or expiration shall survive termination and be subject to enforcement under the terms of this Agreement. Termination of this Agreement shall not affect any duty of Kmart or Salton under Sections 9.1, 11.1, 11.2, 11.3, 12.1, 12.4, 12.6, 12.11, 12.13 or 12.14 existing prior to the effective date of termination or expiration , all of which are intended to survive termination. Kmart shall have the right to distribute, sell, market and promote all existing inventory of Products ordered pursuant to Specific Purchase Orders prior to the termination of this Agreement, and to use all packaging materials, labels, tags, signage, advertising and promotional materials to effectuate the sale of such Products.
Duties Following Termination. Following the delivery of any notice of termination hereunder, the Investment Manager shall perform all of its obligations hereunder in good faith as directed by the Client and will cooperate fully with the Client in taking all necessary or appropriate steps in order to effectuate the orderly transfer of portfolio management functions to third parties designated by the Client. If the termination of this Agreement is effective during any period of time for which the Investment Manager has not been compensated, the fee due to the Investment Manager for such period shall be prorated to the date of termination.
Duties Following Termination. Following any termination of his employment, Employee will cooperate with the Company in the orderly transfer of Employee's responsibilities to whomever is designated by the Company. Employee will provide reasonable cooperation at the Company's expense in any third party litigation or other dispute in which the Company is a party and which relates to the period of Employee's employment. Employee immediately will transfer all Company property in his possession to the Company's designee.
Duties Following Termination. 12.1. Within six (6) days after the termination or expiration of the Agreement, each party shall return to the other party all Confidential Information and all other materials provided by the other party hereunder. PARTICIPANT shall also erase, delete, or destroy any Confidential Information stored on magnetic media or other computer storage, including system backups. Upon the request of either party, an office of the other party shall certify in writing that all materials have been returned and all magnetic or computer data have
12.2. Upon termination of the Agreement, PARTICIPANT shall stop all use and display of MLS Content and notify all of its third party service providers to cease such use and display. Under no circumstances may PARTICIPANT retain MLS Content for display afterthe termination of the Agreement.
Duties Following Termination. Upon termination of employment and/or this Agreement, the Employee shall cooperate with GXS, as reasonably requested by GXS, to effect a transition of Employee’s responsibilities and to ensure that GXS is aware of all matters being handled by Employee. Employee shall also, upon reasonable notice, furnish such information and proper assistance to GXS as may be reasonably required by GXS in connection with any litigation in which it is or may become a party.
Duties Following Termination. In the event of the termination of this Supply Agreement for any reason, the Parties shall have the following rights and obligations (in addition to such rights, obligations and remedies they may have at law and in equity arising from a breach of this Supply Agreement):
(a) At COMPANY’s option, MST shall fulfill all Orders outstanding prior to the date of termination. The terms of this Supply Agreement shall survive until all Orders have been fulfilled.
(b) MST shall, at the expense of COMPANY, provide reasonable services necessary to transition the manufacture of the Products to another source designated by COMPANY. Reasonable services would include the transfer of any IP owned by COMPANY but would not include the transfer of IP owned or otherwise licensed by MST, except under a separately negotiated licensing agreement.
(c) Termination shall not release either Party from the obligation to make payment of all amounts due or payable prior to the date of termination.
(d) Within thirty (30) days of termination, each Party will return to the other Party all IP and tangible Confidential Information of the other Party. MST will continue to maintain records as required per ISO13485 and subject to any applicable Supplier Quality Agreement.
Duties Following Termination. Upon Termination of this Agreement, neither party shall have any obligation to the other party except as hereinafter set forth in this Section 10.6. Notwithstanding the termination or expiration of this Agreement pursuant to this Article 10 or any other provision of this Agreement, unless otherwise indicated in this Agreement, all rights and obligations which were incurred or which matured under specific Purchase Orders issued prior to the effective date of termination or expiration shall survive termination and be subject to enforcement under the terms of this Agreement. Termination of this Agreement shall not affect any duty of Kmart or Salton under Sections 9.1, 11.1, 11.2, 11.3, 12.1, 12.4, 12.6, 12.11, 12.13 or 12.14 existing prior to the
Duties Following Termination. 7.4.1. The Reinsurer shall be responsible for paying compensation to the Broker in accordance with Article 3 through the date of termination.
Duties Following Termination a. Termination of this Supply Agreement will not release either Party from the obligation to make payment of all undisputed amounts due and payable prior to termination.
b. Upon the termination or cancellation of this Supply Agreement for any reason, all tangible Confidential Information of each disclosing Party will be immediately returned to it or, at the option of the disclosing Party, destroyed (with reasonable documentation of the destruction).
Duties Following Termination. In the event of the termination of this Supply Agreement, the Parties shall have the following rights and obligations in addition to such rights, obligations and remedies they may have at law and in equity arising from a breach of this Supply Agreement:
(A) If the breach is for any reason other than an uncured breach by COMPANY, the COMPANY may make a written request within five (5) days of termination for MST to fulfill all accepted Purchase Orders outstanding prior to the date of termination or as soon as reasonably possible. MST will complete all accepted Purchase Orders unless it is unable to do so for reasons reasonably related to the termination or force majeure, or conditions related to a notice of discontinuance, or it would be commercially unreasonable. The terms of this Supply Agreement shall survive until such Orders have been fulfilled.