Termination and Governance. Effective Date This Agreement will be effective on the date of the last authorized signature below. Term and Termination This Agreement will be effective from the date first written above until the successful completion of the Research Project; provided, however, that this Agreement is not sooner terminated (i) by Collaborator’s early decision to terminate the Research Project, with or without cause, or (ii)by C’s early decision that the Research Project cannot reasonably progress further (the period of this Agreement being referred to herein as the Contract Period). This Agreement may be extended as mutually agreed by the Parties in a written amendment to this Agreement. (** comment - 위 조항은 성공적인 결과가 나올 때까지 계약이 지속된다는 의미로 C에 매우 가혹함. 조건문에서 “not”을 삭제하는 방안, 그것이 어렵다면 효력발생 후 6개월 등 확정기한을 제한을 추가하는 대안 제시) This Agreement will terminate immediately if the Parties agree mutually, in writing, to termination. Representations, Warranties, and Liability Material is understood to be experimental in nature and may have hazardous properties. Original Material is being supplied to Recipient with no warranties, express or implied, including any warranty of merchantability or fitness for a particular purpose. Neither Party will provide the other indemnification for any loss, claim, damage, or liability under this Agreement. Assignment Neither this Agreement nor any rights or obligations of either Party hereunder may be assigned or otherwise transferred by either Party without the prior written consent of the other Party. This Agreement will be binding upon the Parties and their respective successors and permitted assigns. Non-endorsement By entering into this Agreement, C does not directly or indirectly endorse any product or service that is or will be provided, whether directly or indirectly related to this Agreement, by Collaborator, its successors, permitted assigns, or licensees. Collaborator will not in any way state or imply that this Agreement is an endorsement of any such product or service. Survivability Articles 5, 6, 7, 9.3, 9.4, 9.5, 9.6, 9.7, 9.8, 9.9 and 9.10 will survive expiration or earlier termination of this Agreement. Severability The illegality or invalidity of any provisions of this Agreement will not impair, affect, or invalidate the other provisions of this Agreement. Governing Law The construction, validity, performance, and effect of this Agreement will be governed by the laws of the United States. C hereby submits to the jurisdiction of the federal co...
Termination and Governance
