Termination by Acceleron Clause Samples

The 'Termination by Acceleron' clause grants Acceleron the explicit right to end the agreement under specified circumstances. Typically, this clause outlines the conditions or events—such as breach of contract, insolvency, or failure to meet performance milestones—that would allow Acceleron to initiate termination. By clearly defining when and how Acceleron can terminate the contract, this clause provides a mechanism for managing risk and ensures that Acceleron is not bound to an agreement that is no longer beneficial or viable.