Common use of EXIT FROM BES 2 Clause in Contracts

EXIT FROM BES 2. 10.1 The Parties agree and acknowledge that by no later than 1 August 2022, it is all Parties’ intention that all of the Operator’s Local Services which operate in Wales shall either be: 10.1.1 operated as a Commercial Service; or 10.1.2 operated pursuant to a New Supported Services Contract or the original terms and conditions of an Existing Supported Services Contract (including in each case any such contract which is let as a de minimis contract). 10.2 Where all Local Services operated by the Operator in Wales are operated in accordance with clause 10.1 then the Parties acknowledge that: 10.2.1 no further payments shall be made pursuant to this Agreement; and 10.2.2 provided that any Umbrella Partnership Agreement and any associated partnership arrangements shall not be terminated as a result of the termination of this Agreement, any Party shall otherwise be entitled to terminate this Agreement by agreement with the other Parties (all acting reasonably).