What is Termination for Convenience?

Risk: Medium-High if asymmetric. Check whether you also have the right to terminate for convenience.

Definition

Allows one party to end the contract without cause, typically with a notice period. One-sided termination for convenience clauses that only protect the other party can leave you stranded mid-project.

Related Terms

Termination for CauseMutual TerminationNotice Provision

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