Example ContractsClausesplan termVariants
Plan Term
Plan Term contract clause examples

Term. Unless this Agreement is earlier terminated pursuant to Section 4.2, Seller shall cause the Transition Services to be provided commencing on the Closing Date and continuing for a period of eighteen (18) months, subject to earlier termination pursuant to Section 1.2 (the “Service Period”). This Agreement shall expire at the end of the Service Period or such earlier date upon which all Transition Services are terminated pursuant to Section 1.2 or this Agreement is terminated pursuant to Section 4.2 (the “Expiration Date”). [[Buyer:Organization]] and the [[Seller:Organization]] shall use commercially reasonable efforts to end its need for Transition Services, in whole and in part, as soon as reasonably practicable.

Adjustments to Services. From time to time during the term of this Agreement, [[Buyer:Organization]] and the [[Seller:Organization]] may request in writing that Seller terminate, no sooner than thirty (30) days after receipt of such notice (unless sooner as agreed to by Seller), any portion of the Transition Services, in which event the Fees payable under Section 2.1 shall be reduced accordingly to account for such terminated portion of the Transition Services. Seller shall not subsequently be required to increase or reinstate Transition Services that have been so terminated.

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