TERMINATION OF THE VOLUNTARY AGREEMENT. The Signatories may decide to terminate the Voluntary Agreement at any time. Reasons for termination could be, but are not limited to: • Signatories no longer meet the relevant market coverage threshold (80%) and this continues for a period over six months; • A majority of Signatories no longer meet the Commitments of the Voluntary Agreement; • Legislation is implemented that overrules or conflicts with the Voluntary Agreement; • Signatories have a considerable disadvantage over “free riders”.
Appears in 3 contracts
Samples: Voluntary Agreement, Voluntary Agreement, Industry Voluntary Agreement
TERMINATION OF THE VOLUNTARY AGREEMENT. The Signatories may decide to terminate the Voluntary Agreement at any time. Reasons for termination could be, but are not limited to: • Signatories no longer meet the relevant market coverage threshold (80%) and this continues for a period over six months; • A majority of Signatories no longer meet the Commitments of the Voluntary Agreement; • Legislation is implemented that overrules or conflicts with the Voluntary Agreement; • Signatories have a considerable disadvantage over “free riders”.
Appears in 2 contracts
TERMINATION OF THE VOLUNTARY AGREEMENT. 18.1 The Signatories may decide to terminate the Voluntary Agreement at any time. Reasons for termination could be, but are not limited to: • :
18.1.1 OEM Signatories no longer meet the relevant market coverage threshold (80%) and this continues for a period over six months; • ;
18.1.2 A majority of Signatories no longer meet the Commitments of the Voluntary Agreement; • ;
18.1.3 Legislation is implemented that specifically overrules or conflicts with the Voluntary Agreement; • ;
18.1.4 Signatories have a considerable disadvantage over “free riders”.. Annex A: Definitions
Appears in 1 contract
Samples: Industry Voluntary Agreement
