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Upon earlier termination of an SLA pursuant to SECTION 7. A above, COMPANY shall at its sole cost and expense remove the applicable ANTENNA FACILITY and repair and restore the affected areas of the LICENSED AREA and PROPERTY no later than sixty (60) days after notice of termination.
Write the contract in six steps Start with a contract template. ... Open with the basic information. ... Describe in detail what you have agreed to. ... Include a description of how the contract will be ended. ... Write into the contract which laws apply and how disputes will be resolved. ... Include space for signatures.
There are three types of software development contracts ? Fixed Price, Time & Material (T&M), and Dedicated Team. You may need a lawyer for software agreements. These agreements can be complex, as they protect the right content creator's rights and assign other rights to a licensee.
If one party wants to cancel because they no longer want to be part of the agreement, a clause may provide that this party can terminate. Usually, this will require a notice period and notice in writing. Sometimes, a party will only be able to use this right after a certain period of time.
This Software Development Agreement (sometimes referred to as a Master Services Agreement) sets out the terms on which a developer sells and transfers customized software to a client that will incorporate the software into its products, services, or processes.
A software contract termination clause is a provision that allows one or both parties to end the agreement under certain conditions. It can protect your interests and avoid legal disputes if the software does not meet your expectations, or if the other party breaches the contract.
What is a software development contract? A software development or service contract is a service agreement between you and your software development partner about mutual expectations and responsibilities. Dealing with a vendor without a proper agreement can leave your business in the red.
Key elements of a software development agreement typically include: Scope of Work. Payments Terms. Warranties and liabilities. Confidentiality and Non-Disclosure. Project Timeline. Termination. Intellectual Property Rights. Support and Maintenance services, and more.
Termination clauses, also sometimes called severance clauses, are written into employment contracts. The clause provides a pre-set agreement on what will happen when the employee is terminated in terms of how much notice they get and/or what sort of payment they will receive.