Termination by Mutual Agreement Clause Samples
The 'Termination by Mutual Agreement' clause allows both parties to end their contractual relationship at any time, provided they both consent to do so. In practice, this means that either party can propose to terminate the agreement, and if the other party agrees, the contract can be concluded without the need for a breach or specific cause. This clause provides flexibility and ensures that neither party is forced to continue with obligations that are no longer desirable or practical, thereby facilitating an amicable and efficient resolution when circumstances change.
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Termination by Mutual Agreement. This Contract may be terminated by mutual written agreement of the Parties.
Termination by Mutual Agreement. The Executive’s employment may be terminated at any time during the Term by mutual written agreement of the Company and the Executive.
Termination by Mutual Agreement. This Agreement may be terminated at any time by mutual consent of the parties hereto, provided that such consent to terminate is in writing and is signed by each of the parties hereto.
Termination by Mutual Agreement. Notwithstanding Section 4.1 above, the parties may terminate this Agreement at any time and upon any other terms or conditions by mutual written agreement.
Termination by Mutual Agreement. This Agreement may be terminated, and the Offer and the Merger may be abandoned, at any time prior to the Acceptance Time, by mutual written consent of Parent and the Company.
Termination by Mutual Agreement. This Agreement may be terminated prior to the Closing by mutual written agreement of the Company and the Buyer.
Termination by Mutual Agreement. The Department and the Grantee may mutually agree in a writing signed by both parties to terminate this Contract at any time.
Termination by Mutual Agreement. This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time, whether before or after the approval of the Merger by the Company Requisite Vote referred to in Section 7.1(a), by mutual written consent of the Company and Parent by action of their respective Boards of Directors.
Termination by Mutual Agreement. The parties may terminate Executive's employment under this Agreement at any time by mutual written agreement.
Termination by Mutual Agreement. In the event the Parties shall mutually agree in writing, this Agreement may be terminated on the terms and dates stipulated therein.