The term "termination clause" is correct and can be used in written English.
It refers to a specific clause in a contract that contains the terms of the contract's termination. For example, "The termination clause of the contract states that either party may terminate the contract with one month's notice."
NSI, exercising a change in control termination clause, notified Snapnames/Oversee today that they were terminating their agreement and simultaneously launched Namejet with a rival registrar eNom (eNom is owned by Demand Media).
You can also ask for an option to renew or an early termination clause.
MONY also accepted a broad "window-shop" provision and a "fiduciary out" termination clause.
Neither the House nor the Senate version contained such a termination clause before the conference, all involved agree.
While the legal agreement between Theranos and Walgreens isn't public, legal experts said nearly all such contracts have a termination clause that anticipates something can go wrong.
The Department for Transport will exercise a no-fault termination clause and transfer the franchise to the Southern rail company by December next year.
3.15 Escape and Termination Clauses.
Finally, Part III explores the relationship between these performance standards and other contractual provisions, particularly termination clauses.
The contracts contained no termination clauses, and one accountant, Fred Rogers of Houston, had had his credentials suspended for a time, according to the Web site of the Texas State Board of Public Accountancy.
But the lease contains termination clauses, and Ms. Klein argues in the book that the Nature Conservancy could most likely have stopped the 2007 drilling.
The terms of buyout, termination clauses and extensions can also differ widely for men's and women's coaches, even at the same university.
