Common use of Transition Upon Termination Clause in Contracts

Transition Upon Termination. Upon notice of termination of a Study or this Agreement, the Institution shall immediately cease enrollment of Subjects into such Study and shall terminate such Study with respect to the enrolled Subjects in an orderly and prompt manner, to the extent medically permissible, and pursuant to consultation with SPONSOR or SPONSOR’s clinical monitor, including, without limitation, any required follow-up treatment with previously enrolled Subjects. The Institution shall turn over all Study Documentation and materials in its possession associated with the Study, including all Work Product, Inventions and Materials, as expeditiously as possible, shall handle the Study Device in accordance with Section 9 and the instructions of SPONSOR and shall provide such other assistance as is necessary to ensure a smooth and orderly transition of the Study that will not involve any disruption of the Protocol. Upon notice of suspension of a Study, the Institution shall immediately cease enrollment of Subjects into such Study. SPONSOR shall reimburse Institution for all reasonable additional and non-cancelable expenses not contemplated by the SOW budget that incurred from such transition, including due to early termination.