Common use of Renewal; Termination Clause in Contracts

Renewal; Termination. (a) This Agreement shall continue in effect for 6 months and thereafter, if not then terminated, shall be renewed annually until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party fifteen (15) days written notice.. However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein. (b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof. (c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.

Appears in 1 contract

Samples: Consultant Engagement Agreement (Sun River Energy, Inc)

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Renewal; Termination. (a) This Agreement shall continue in effect for 6 months and thereafter, if not then terminated, shall be renewed annually until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party fifteen thirty (1530) days day's written notice.. , provided that in the case of Consultant, the seventy-five (75) hours mentioned in Section 2 above has been fulfilled. However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein. (b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof. (c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.

Appears in 1 contract

Samples: Corporate Advisor Engagement Agreement (Sun River Energy, Inc)

Renewal; Termination. (a) This Agreement shall continue in effect for 6 months and thereafter, if not then terminated, shall be renewed annually successive one month terms until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party fifteen thirty (1530) days written notice.. notice prior to end of term. However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein. (b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 15 business days after having received notice thereof. (c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.

Appears in 1 contract

Samples: Corporate Officer / Director / Consulting Engagement Agreement (Rangeford Resources, Inc.)

Renewal; Termination. (a) This Agreement shall continue in effect for 6 months and thereafter, if not then terminated, shall be renewed annually until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party fifteen (15) days written notice.. . However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein. (b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 ten (10) days after having received notice thereof. (c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.

Appears in 1 contract

Samples: Consultant Engagement Agreement (Sun River Energy, Inc)

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Renewal; Termination. (a) This Agreement shall continue in effect for 6 months and thereafter, if not then terminated, shall be renewed annually until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party fifteen (15) days written notice.. . However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein. (b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof. (c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.

Appears in 1 contract

Samples: Consultant Engagement Agreement (Sun River Energy, Inc)

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