Re: Re: Termination right

I'm going to remember this one next time I need a hypothetical contract that is unenforceable for reasons other than unconscionability, duress, criminal intent, or impossibility of performance. Finding contracts that are unenforceable as against public policy are exceedingly rare, but you found one.

John Noble

At 5:05 PM -0400 6/30/05, JQ Johnson wrote:
>Although one can't contractually waive one's right to terminate, one can
>presumably enter into an enforceable contract in which you agree to pay a
>steep penalty to the grantee if you exercise your right to termination.
>
>JQ Johnson, Director Office: 115F Knight Library
>Center for Educational Technologies mailto:jqj[_at_]darkwing.uoregon.edu
>1299 University of Oregon phone: 1-541-346-1746; -3485 fax
>
>Eugene, OR 97403-1299 http://darkwing.uoregon.edu/~jqj/
>
>
>
>-----Original Message-----
>From: Terry Carroll <carroll[_at_]tjc.com>
>Subject: Re: [CNI-(C)] Termination right
>In-Reply-To: <list-10899677[_at_]cni.org>
>
>On Wed, 29 Jun 2005, Elizabeth T Russell wrote:
>
>> Are there any circumstances under which the termination right under
>> section 203 can be waived contractually?
>
>No, because...
>
>> Subsection (a)(5) states: "Termination of the grant may be effected
>> notwithstanding any agreement to the contrary...."
>
>exactly.
>
>
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Received on Sat Jul 02 2005 - 01:50:00 GMT