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Terms and TerminationThe term of Membership shall begin on the Effective Date (signature of the representative of UPMC), and run until the next January 1st (the “Initial Term”) and shall then automatically renew for a two-year term ("Renewal Term"), at which point the Member may apply again for an additional three-year term. The payment of fees is staggered on each year. This Membership Agreement shall be binding upon and inure to the benefit of the parties and their employees, agents, representatives and successors. It is stated that the Membership Agreement shall automatically renew according to the provisions above and provided that members pay their dues each January 1st. In case of fees exemption, decided or not by the Steering Committee (participation to a FP7 project, academic member…), the Member concerned will still receive an invoice providing the reason of exemption and list of minimum hardware requirements of the nodes dedicated to PlanetLab, for each coming year. Member may terminate this Membership Agreement for any reason at any time upon thirty (30) days written notice to the Steering Committee’s representative; however, in the event of such termination, Member shall not have any right to fees or dues paid or owed to PlanetLab Europe. UPMC, on behalf of the PlanetLab Europe Steering Committee, may also terminate this Membership Agreement at any time upon thirty (30) days written notice to Member, or in case of any breach with this Membership Agreement, without prior written notice. In this case, the Steering Committee will then inform the defaulting Member of the reasons. |
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