Common use of Term and Scope Clause in Contracts

Term and Scope. 1.1 This Agreement comes into force on the Effective Date and will continue until terminated in accordance with the provisions contained at clause 1.2 (“Term”). 1.2 This Agreement shall terminate until the Promotion is completed and until each Party has fulfilled their own obligations. Both parties are required to sign all future schedules. In the event of a breach of this Agreement by any of the Parties which they fail to remedy within thirty (30) days, the other party may terminate this Agreement. The Parties acknowledge that this Agreement may be terminated by one or another, in accordance that the Party that requires the anticipated termination of the Agreement, must notify the other with no less than thirty (30) days before the termination date. By that time, the Parties must have fulfilled their own obligations. 1.3 Termination of this Agreement will not extinguish or otherwise affect any rights of any Party against the other which may have accrued before the date of termination of this Agreement. 1.4 This Agreement relates only to the promotion as more fully described in Clause 3 and Schedule 1 of this Agreement or any other future Schedules (“Promotion”). It does not constitute a partnership between the Parties. No Party shall have the authority to bind the other party in any way other than to fulfil the obligations arising from this Agreement.