TERM AND TERMINATION:
This Agreement shall begin on the Effective Date and shall continue until the completion of the Services unless sooner terminated pursuant to this Section 13 (the “Term”).
Termination for Convenience. Either party may terminate this Agreement by providing fifteen (15) days’ prior written notice to the other Party; provided that any Services being performed at the time of termination under this Section 13 shall continue throughout the notice period to the extent requested by Client and will continue to be subject to the terms and conditions set forth in the applicable Scope of Work. If Client terminates in accordance with this Section, (i) no refunds will be given for amounts payable in advance (with any such advance payments applied as a termination fee), and (ii) Client will pay in full all outstanding amounts on any invoices previously delivered by Designer as well as the final invoice from Designer, within 15 days of the date of the invoice.
For Cause. If either Party fails to meet their obligations under this Agreement, one Party will notify the defaulting Party of such default, and if the default cannot be cured or is not cured within 15 days of notice, the non-defaulting Party may terminate this Agreement upon written notice to the other Party. The Designer may terminate this Agreement before the expiration of the Term immediately upon written notice if the Client fails to pay any amount when due. If either Party becomes insolvent, admits its inability to pay its debts generally as they become due, becomes subject to bankruptcy proceedings, is dissolved or liquidated, makes a general assignment for the benefit of creditors or has an agent appointed by the court to take charge of or sell a portion or more of its business, the other Party may terminate immediately upon written notice.
Transition Services. In the event of termination other than termination for cause by the Designer due to an uncured material breach of this Agreement by the Client, the Client may request reasonable assistance pre- or post-termination from the Designer in connection with the transition of the performance of the Services to an alternative service provider or to Client’s personnel (“Transition Services”). Transition Services shall be billed to Client at the rate specified for the Services in Exhibit A and shall be performed in all respects in accordance with the terms and conditions of this Agreement.
Any provision of this Agreement that contemplates performance or observance by a party subsequent to the termination or expiration of this Agreement and any right or obligation of the parties in this Agreement which, by its nature, should survive termination or expiration of this Agreement, will survive any such termination or expiration of this Agreement.
Client Agrees to take no action that is intended, or would reasonable be expected to harm the Designer’s reputation, or that would reasonably be expected to lead to unwanted or unfavorable publicity to the Designer.
LIMITATION OF LIABILITY:
IN NO EVENT WILL DESIGNER BE LIABLE TO CLIENT OR TO ANY THIRD PARTY FOR ANY LOSS OF USE, REVENUE OR PROFIT OR LOSS OF DATA OR DIMINUTION IN VALUE, OR FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL OR PUNITIVE DAMAGES (INCLUDING WITHOUT LIMITATION DELAYS OR BUSINESS INTERRUPTIONS) WHETHER ARISING OUT OF BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, REGARDLESS OF WHETHER SUCH DAMAGE WAS FORESEEABLE AND WHETHER OR NOT DESIGNER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND NOTWITHSTANDING THE FAILURE OF ANY AGREED OR OTHER REMEDY OF ITS ESSENTIAL PURPOSE. IN NO EVENT WILL DESIGNER’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT, WHETHER UNDER CLAIMS FOR BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, EXCEED THE AGGREGATE AMOUNTS PAID OR PAYABLE TO DESIGNER PURSUANT TO THIS AGREEMENT IN THE ONE (1) YEAR PERIOD PRECEDING THE EVENT GIVING RISE TO THE CLAIM.