New contract seems to give a very fettered right of termination to my co. The clauses state
The Company (my co) may terminate this Agreement with the prior consent of the Agency if the Company can show that it is unable to provide the Services due to an Event of Force Majeure (as defined in Clause 11.1 below) or if the Company claims in writing that it is unable to provide the Services as a result of the Client failing to provide the Company with adequate facilities, information or support and Intelligent Consulting in its absolute discretion is satisfied that such a claim is justified.
The Agency may terminate this Agreement on written notice to the Company for any reason subject to Notice Period The Agency as set out in Schedule 2 of this Agreement.
The Company (my co) may terminate this Agreement on written notice to the Agency for any reason subject to Notice Period Company as set out in Schedule 2 of this Agreement.
I dont get this, its says my co can only terminate if it can show force majeure then my co can terminate for any reason subject to the relevant notice period!?
Should I be concerned?
Im inclined to say the force majeure para should be totally removed as it makes the clause of being able to terminate 'for any reason' redundant.
Where do I stand getting the contract fully reviewed and clauses changed? I'd normally rush to get this done before starting but was kind of forced into starting quickly. Contract only arrived today too (yes, I know, I know>)
The Company (my co) may terminate this Agreement with the prior consent of the Agency if the Company can show that it is unable to provide the Services due to an Event of Force Majeure (as defined in Clause 11.1 below) or if the Company claims in writing that it is unable to provide the Services as a result of the Client failing to provide the Company with adequate facilities, information or support and Intelligent Consulting in its absolute discretion is satisfied that such a claim is justified.
The Agency may terminate this Agreement on written notice to the Company for any reason subject to Notice Period The Agency as set out in Schedule 2 of this Agreement.
The Company (my co) may terminate this Agreement on written notice to the Agency for any reason subject to Notice Period Company as set out in Schedule 2 of this Agreement.
I dont get this, its says my co can only terminate if it can show force majeure then my co can terminate for any reason subject to the relevant notice period!?
Should I be concerned?
Im inclined to say the force majeure para should be totally removed as it makes the clause of being able to terminate 'for any reason' redundant.
Where do I stand getting the contract fully reviewed and clauses changed? I'd normally rush to get this done before starting but was kind of forced into starting quickly. Contract only arrived today too (yes, I know, I know>)
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