In our
previous article of this Back to Basics series on
termination, we discussed the various ways in which a contract may
be terminated, whether it be for convenience or as a result of a
causal event. Following the termination or expiration of a
contract, what happens to the services being provided and how is
this managed by a contracting party to ensure that such termination
or expiration does not have an adverse effect on business
operations?
This article will introduce the concept of termination
assistance, and explain the importance of including termination
assistance provisions in your contract.
The inclusion of a termination assistance clause should not be
overlooked, especially if the services are core business
operations. The clause ensures that there is a seamless continuity
of services and the handover of data and deliverables. The clause
sets out the steps to be followed by the contracting parties in
respect of the continued performance of their
