Remedies of the Contractor. 1. If the Contractor terminates this Agreement pursuant to Sections 30.B.1 or 30.B.2, the Contractor shall receive $200,000 if termination occurs during the first year, $100,000 if termination occurs during the second year, $50,000 if termination occurs during the third year, $10,000 if termination occurs during the fourth year and $10,000 if termination occurs the fifth year of this Agreement, as liquidated damages.
Appears in 6 contracts
Samples: Collection Franchise Agreement, Collection Franchise Agreement, Franchise Agreement