Termination by Unilateral Action. Either party may unilaterally terminate this entire Agreement at any time by giving the other party written notice not less than calendar days prior to the desired termination date [The time period is negotiable, but typically has been about 90 calendar days]. The Laboratory shall make no new commitments after receipt of a written termination notice from the Cooperator and shall to the extent possible, by the termination date, cancel all outstanding commitments and contracts that were entered into as a consequence of the requirements of the SOW in Attachment A. However, the Laboratory may, at its own expense, continue said commitments beyond said termination date without liability on the part of the Cooperator.
Appears in 4 contracts
Samples: Cooperative Research and Development Agreement, Cooperative Research and Development Agreement, Cooperative Research and Development Agreement
