Upon request, will execute all documents necessary to confirm or perfect the exclusive ownership of to the Work Product., or other labor disputes Any copyrightable works, ideas, discoveries, inventions, patents, products, or other information (collectively the "Work Product") developed in whole or in part by in connection with the Services will be the exclusive property of. Unless waived by a party providing notice, the failure to cure the default(s) within such time period shall result in the automatic termination of this Agreement. The party receiving such notice shall have days from the effective date of such notice to cure the default(s). This notice shall describe with sufficient detail the nature of the default.
In addition to any and all other rights a party may have available according to law, if a party defaults by failing to substantially perform any provision, term or condition of this Contract (including without limitation the failure to make a monetary payment when due), the other party may terminate the Agreement by providing written notice to the defaulting party. The parties agree that the failure or termination of any portion or relevant provision of this Agreement will not be a basis for terminating other severable obligations or provisions of this Agreement, unless the failure or breach is such that the entire Agreement loses substantially all of its value to the non-breaching party.Īny termination of this Agreement shall not absolve the Parties from the obligation to observe the confidentiality measures and other restraints as set out herein. In such case, the non-breaching Party shall be entitled, without further notice, to cancel that Party's involvement pursuant to the agreement, without prejudice to any claim for damages, breach of contract or otherwise. Either party may terminate its performance of related obligations under this Agreement if the other party fails to rectify a material breach under a portion of this Agreement within thirty (30) days of receipt by the breaching party of written notice of such breach from the non-breaching party. ()shall act in good faith to give effect to the intent of this Agreement and to take such other action as may be necessary or convenient to consummate the purpose and subject matter of this Agreement. ()this Agreement constitutes the legal, valid and binding obligations of such party in accordance with its terms and ()has taken all necessary legal and corporate action to authorize the execution and performance of this Agreement
Memoranda of agreement full#
()has full power, authority and legal right to execute and perform this Agreement Each party to this Agreement represents and warrants to the other party that he/she/it:. This Agreement is being made in consideration of the following: The nature of relationship between and is that of partners in a partnership.ĬONSIDERATION. (iii)the other party has given prior written approval to the disclosure, provided that any such information disclosed shall be disclosed only after consultation with and notice to the other party. (ii)the information has come into the public domain through no fault of that party or (i)required by the law of any relevant jurisdiction Subject to sub-clause (2) below, each party shall treat as strictly confidential all information received or obtained as a result of entering into or performing this Agreement.Įach party may disclose information which would otherwise be confidential if and to the extent:
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