Common use of Upon termination of this Agreement Clause in Contracts

Upon termination of this Agreement. a) the Partner shall return to the Company all, if any, Property in its possession or control; b) the Partner must immediately cease displaying or providing any of the Company’s material on any of the Partner’s website or otherwise; c) all rights licensed to the Partner will automatically be revoked. d) notwithstanding the above, in the event that the Partner has outstanding payments above the 100 USD threshold, the Partner will be eligible for the payment. This provision will not apply, if the Partner has been suspended for inactivity or has breached any of the terms of this Agreement, in which case Compensation will cease immediately. However, the Company shall be permitted to off-set any amounts owed to the Company by the Partner with any pending payments due to the Partner.