Common use of Assignment Termination Clause in Contracts

Assignment Termination. This Agreement may be assigned by the Academy. This Agreement may not be assigned by Contributor without the Academy’s prior written consent. In the event of the death or inability of Contributor to carry out Contributor’s obligations hereunder, this Agreement shall immediately terminate, and the Academy’s obligations shall cease upon payment of fees and approved expenses accrued through the date of this Agreement’s termination. Notwithstanding anything in this Agreement to the contrary, either party may cancel this Agreement upon 30 days' written notice to the other party, and it is expressly understood and agreed to by Contributor that the provision of such notice by the Academy to Contributor shall in no way obligate the Academy to provide Contributor with any compensation whatsoever above and beyond that which is due and owing for services performed and work completed in accordance with the provisions of Paragraphs 2 and 3, above.