Common use of GUARANTEED PERFORMANCE Clause in Contracts

GUARANTEED PERFORMANCE. 8.3 Termination of this Option Agreement will not relieve a party of any obligation or liability accrued prior to termination nor will it rescind anything done by a party or any payments made by Optionee to The Regents prior to the time termination becomes effective.

Appears in 2 contracts

Sources: Option Agreement (Cambridge Neuroscience Inc), Option Agreement (Cambridge Neuroscience Inc)