Term & Termination
This section of the book addresses various clauses pertaining to the duration of the agreement, and what happens when the agreement is no longer effective. While every contract clause is important, ones related to term have substantial impact on matters like: what ongoing access rights your institution may have to content, what obligations survive the end of the agreement (and for how long), what claims you may still file (or have filed against you) after the agreement’s conclusion, and whether any other terms like Governing Law and Venue selection clauses survive termination. In addition to affecting these legal rights, termination-related clauses also can affect your ability to renew the agreement on similar pricing terms. We’ll walk you through the finer points in the “Term and Termination” clauses of: