13.2
Term and exit
Medium risk
Termination for convenience
Your right to leave a contract that is no longer working, without having to prove a breach.
What this clause does
Termination for convenience lets you leave a contract without proving the other side did anything wrong. Without it, a tool nobody uses can cost you until the last day of the term.
What Rubrel flags
Rubrel looks for any exit right, the notice it needs, and what happens to prepaid fees. It flags contracts with no exit before term end and exits that forfeit money you have already paid.
How the redline usually lands
Rubrel suggests 30 days’ notice with a pro-rata refund, and falls back to 90 days with a refund of whole unused months if your playbook allows it.
Playbook positions
Standard position
We may end the contract on 30 days’ notice with a pro-rata refund of prepaid fees.
Fallback
90 days’ notice and a refund of whole unused months.
Walk-away point