Common use of No Termination Compensation Clause in Contracts

No Termination Compensation. Except as expressly set forth herein, the parties expressly agree that no damages, indemnity or termination benefits whatsoever (including without limitation, any compensation for goodwill established by VAR during the term of this VAR Agreement or for any lost profits or expenses of VAR) shall be due or payable to VAR by reason of any termination of this VAR Agreement in accordance with its terms, and VAR expressly waives the application of any statute, law or custom to the contrary.

Appears in 5 contracts

Samples: Authorized Channel Partner Agreement, Authorized Value Added Reseller Agreement (Avatech Solutions Inc), Authorized Value Added Reseller Agreement (Avatech Solutions Inc)

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