Master Alliance Provisions Guide (MAPGuide)

DNDi Template Research Collaboration and License Agreement

  • Term & termination | Termination & withdrawal

20. TERM AND EARLY TERMINATION

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20.2 Either Party may terminate this Agreement in its entirety or with respect to any Research Plan at any time upon < sixty (60) > days’ written notice to the other Party, without thereby incurring any liability to the other Party.

20.3 Either Party may terminate this Agreement in its entirety at any time, as follows:

a) if the other Party is in material breach of this Agreement, upon thirty (30) days’ written notice stating its intent to terminate if such breach has not been cured within such thirty (30) day period;

b) with immediate effect if the other Party is declared insolvent or has an administrator or receiver appointed over all or any part of its assets;

c) with immediate effect if the other Party is in breach of Section 18.2; or

d) in case of a Force Majeure event with respect to the other Party pursuant to Section 26.4.

20.4 Any termination notice sent pursuant to this Article 20 shall specify the specific Section of this Article 20 pursuant to which such termination is made; if no Section is so specified, then termination shall be deemed to be pursuant to Section 20.2.