Common use of Moving Out Clause in Contracts

Moving Out. One of the benefits of our offering is to give you the flexibility to be able to move elsewhere on short notice if your needs change. CIC requests that you provide as much informal notice as possible of any planned decrease in your use of our services. Giving us an idea of your future plans will not prejudice your access to current services, and may allow us to introduce you to alternative options. Over and above any informal conversations you may have with us, you agree to provide CIC at least 30 days’ advance formal definitive written notice of termination of this Agreement (the “Termination Notice”) as well as of any material reduction of your use of space or services under this agreement. This means 30 days’ Termination Notice is required if you plan to leave, but also if you plan to drop a part of your space at any of CIC’s facilities. Please keep in mind that once you give us formal Termination Notice, CIC will release that space for reservation by others following the date you told us you will no longer require it, and it may not be possible for you to later reverse your decision. If you choose to vacate your space in fewer than 30 days from the time you provide us with Termination Notice, you will still be responsible for full payment of your fees through the date that is 30 days after Termination Notice is given, regardless of whether we reuse your space for others after you vacate. If at any time we reasonably believe you have vacated, abandoned a particular space, have left it and do not plan to return to work there, and/or do not plan to continue to pay your fees, we may deem your space to be vacant, we may pack up and remove any property you have left behind, and we may redeploy the space to others’ use. If you had not given formal Termination Notice, we will deem that your Termination Notice was given on the date that we make the above determination. We will do our best to inform you of this action.

Moving Out. (a) One of the benefits of our offering is to give you clients the flexibility to be able to move elsewhere on short notice if your their needs change. CIC BioLabs requests that you provide as much informal notice as possible of any planned decrease in your use of our services. Giving us an idea of your future plans will not prejudice your access to current services, and may allow us to introduce you to alternative options. . (b) Over and above any informal conversations you may have with us, you agree to provide CIC BioLabs at least 30 days’ advance formal definitive written notice Notice of termination of this Agreement (the “Termination Notice”) as well as of any material reduction of your use of BioLabs space or services used under this agreementAgreement. This means 30 days’ Termination Notice is required if you plan to leave, but also if you plan to drop a part of decrease your space Licensed Space at any of CIC’s facilitiesBioLabs. Please keep in mind that once you give us formal Termination Notice, CIC BioLabs will release that space Licensed Space for reservation by others following the date you told us you will no longer require it, and it may not be possible for you to later reverse your decision. If you choose . (c) Sometimes Licensees need to vacate your their space in fewer less than 30 days from the time you they provide us with Termination Notice. If this happens, you will still be responsible for full payment of for your BioLabs fees through the date that is 30 days after Termination full Notice is givenPeriod, regardless of whether we reuse your space for others after you vacate. If at any during that period. (d) Any time we reasonably believe you have vacated, BioLabs determines that a Licensee has vacated or abandoned a particular space, have has left it and do does not plan to return to work there, and/or do has failed to make payments as required in this Agreement or does not plan intend to continue to pay your feesits fees to BioLabs, we may deem your space to be vacant, we may pack up and remove any property you have left behindyour furniture, computers, experiments, files and other property, and we may redeploy the space to others’ use. If you had not given formal Termination NoticeNotice of termination, we will deem that your Termination Notice of termination was given on effective as of the date that we make the above determination. We will do our best send notification to inform you the Licensee’s address set forth at the end of this actionAgreement.

Moving Out. One of the benefits of our offering is to give you clients the flexibility to be able to move elsewhere on short notice if your their needs change. CIC The Company requests that you provide as much informal notice as possible of any planned decrease in your use of our services. Giving us an idea of your future plans will not prejudice your access to current services, and may allow us to introduce you to alternative options. Over and above any informal conversations you may have with us, you agree to provide CIC the Company at least 30 days’ advance formal definitive written notice Notice of termination of this Agreement (the “Termination Notice”) agreement as well as of any material reduction of or your use of space or services under this agreement. This means 30 days’ Termination Notice is required if you plan to leave, but also if you plan to drop a part of your space at any of CICthe Company’s facilitiesfacility. Please keep in mind that once you give us formal Termination Notice, CIC the Company will release that space for reservation by others following the date you told us you will no longer require it, and it may not be possible for you to later reverse your decision. If you choose Sometimes Licensees need to vacate your their space in fewer less than 30 days from the time you they provide us with Termination Notice. If this happens, you will still be responsible for full payment of for your fees through the date that is 30 days after Termination full Notice is givenperiod, regardless of whether we reuse your space for others after you vacatesoon thereafter. If at any Any time we the Company reasonably believe you have believes a Licensee has vacated, abandoned a particular space, have has left it and do does not plan to return to work there, and/or do does not plan to continue to pay your feesits fees to the Company, we may deem your space to be vacant, we may pack up and remove any property you have left behindyour stuff, and we may redeploy the space to others’ use. If you had not given formal Termination NoticeNotice of termination, we will deem that your Termination Notice of termination was given on the date that we make the above determination. We will do our best to inform you the responsible parties at Licensee of this action.

Moving Out. One of the benefits of our offering is to give you the flexibility to be able to move elsewhere on short notice if your needs change. CIC requests that you provide as much informal notice as possible of any planned decrease in your use of our services. Giving us an idea of your future plans will not prejudice your access to current services, and may allow us to introduce you to alternative options. Over and above any informal conversations you may have with us, you agree to provide CIC at least 30 days’ advance formal definitive written notice of termination of this Agreement (the “Termination Notice”) as well as of any material reduction of your use of space or services under this agreement. This means 30 days’ Termination Notice is required if you plan to leave, but also if you plan to drop a part of your space at any of CIC’s facilities. Please keep in mind that once you give us formal Termination Notice, CIC will release that space for reservation by others following the date you told us you will no longer require it, and it may not be possible for you to later reverse your decision. If you choose to vacate your space in fewer than 30 days from the time you provide us with Termination Notice, you will still be responsible for full payment of your fees through the date that is 30 days after Termination Notice is given, regardless of whether we reuse your space for others after you vacate. [***] If at any time we reasonably believe you have vacated, abandoned a particular space, have left it and do not plan to return to work there, and/or do not plan to continue to pay your fees, we may deem your space to be vacant, we may pack up and remove any property you have left behind, and we may redeploy the space to others’ use. If you had not given formal Termination Notice, we will deem that your Termination Notice was given on the date that we make the above determination. We will do our best to inform you of this action.

Moving Out. One of the benefits of our offering is to give you the flexibility to be able to move elsewhere on short notice if your their needs change. CIC requests that you provide as much informal notice as possible of any planned decrease in your use of our services. Giving us an idea of your future plans will not prejudice your access to current services, and may allow us to introduce you to alternative options. Over and above any informal conversations you may have with us, you agree to provide CIC at least 30 days’ advance formal definitive written notice of termination of this Agreement (the “Termination Notice”) as well as of any material reduction of your use of space or services under this agreement. This means 30 days’ Termination Notice is required if you plan to leave, but also if you plan to drop a part of your space at any of CIC’s facilities. Please keep in mind that once you give us formal Termination Notice, CIC will release that space for reservation by others following the date you told us you will no longer require it, and it may not be possible for you to later reverse your decision. If you choose Sometimes clients need to vacate your their space in fewer less than 30 days from the time you they provide us with Termination Notice. If this happens, you will still be responsible for full payment of for your fees through the date that is 30 days after Termination Notice is given, regardless of whether we reuse your space for others after you vacatesoon thereafter. If at any Any time we CIC reasonably believe you have believes a Client has vacated, abandoned a particular space, have has left it and do does not plan to return to work there, and/or do does not plan to continue to pay your feesits fees to CIC, we may deem your space to be vacant, we may pack up and remove any property you have left behindyour stuff, and we may redeploy the space to others’ use. If you had not given formal Termination Notice, we will deem that your Termination Notice was given on the date that we make the above determination. We will do our best to inform you the responsible parties at Client of this action.