Common use of Termination of an SOW Clause in Contracts

Termination of an SOW. Any party to an SOW may terminate the SOW for Cause. Such termination will be effective upon 30-days advance Notice. Such termination will be effective upon 30 days Notice if the Cause remains uncured, or, in the event of an incurable Cause, immediately upon Notice. Apple may terminate any SOW without Cause upon 30-days advance Notice. Upon any termination, unless otherwise provided in Apple’s written direction, Supplier will immediately: (i) cease work in connection with the applicable SOW; (ii) prepare and submit to Apple an itemization of all completed and partially completed Development Deliverables and Goods in connection with the applicable SOW; (iii) deliver upon request any work in process in connection with the applicable SOW; and (iv) deliver upon request any Apple Equipment associated with the applicable SOW. In the event Apple terminates any SOW with Cause, neither Apple nor any other Authorized Purchaser will be obligated to pay any charges and Apple will have the option to also terminate this Agreement in its entirety or to elect to have this Agreement remain in effect after the termination of the applicable SOW.

Appears in 1 contract

Sources: Master Development and Supply Agreement (Audience Inc)

Termination of an SOW. Any party [*****] to an SOW may terminate the SOW for Cause[*****]. Such termination will be effective upon 30-days advance Notice. Such termination will be effective upon 30 days Notice if the Cause remains uncured, or, in the event of an incurable Cause, immediately upon Notice. Apple may terminate any SOW without Cause upon 30-days advance Notice. Upon any termination, unless otherwise provided in Apple’s written direction, Supplier will immediately: (i) cease work in connection with the applicable SOW; (ii) prepare and submit to Apple an itemization of all completed and partially completed Development Deliverables and Goods in connection with the applicable SOW; (iii) deliver upon request any work in process in connection with the applicable SOW; and (iv) deliver upon request any Apple Equipment associated with the applicable SOW. In the event Apple terminates any SOW with Cause, neither Apple nor any other Authorized Purchaser [*****] will be obligated to pay any charges and Apple will have the option to also terminate this Agreement [*****] in its entirety or to elect to have this Agreement remain in effect [*****] after the termination of the applicable SOW.

Appears in 1 contract

Sources: Master Development and Supply Agreement (Audience Inc)