The Terminated Agreements; Termination. The Sublease Agreement, the Licensing and Sales Agreement, the Trademark/Tradename Agreement, and the Distribution Agreement are, collectively, referred to herein as the "Terminated Agreements" and, individually, as a "Terminated Agreement." The respective parties to each of the Terminated Agreements hereby terminate each of the Terminated Agreements to which they are a party effective as of the effective date of this Agreement (as first above written), and in so doing agree to cause each of the respective parties to each of the Terminated Agreements to become subject to any and all rights and obligations provided under each of the respective Terminated Agreements upon the termination thereof, if any. The rights and obligations of each of the parties under each Terminated Agreement following the termination thereof shall be governed by the terms of the respective Terminated Agreement as if such Terminated Agreement had been terminated in accordance with its terms. This Agreement shall in no way limit any rights or obligations, if any, that any Terminated Agreement provides or contemplates shall continue following the termination of such Terminated Agreement, except as otherwise expressly set forth herein.
Appears in 2 contracts
Sources: Termination Agreement (Nu Skin Enterprises Inc), Termination Agreement (Nu Skin Enterprises Inc)