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Thank you for your questions. I will address them below one at a time:
(1) Should the arbitrator conclude that the agreement is "null and void from the date of termination and onwards"? (see e.g. item B above).
When an agreement is terminated only the terms which can reasonably understood to survive the termination of the agreement will be found to still be binding. Therefore, if the provision of the contract in question regards XXXXX XXXXX are to only take place during the contract, then that provision is terminated and the parties are no longer obligated to act accordingly unless the right has accurred prior to the termiantion.(2) Should the arbitrator conclude that all clauses in the agreement, and not just the termination clause, should be considered when assessing the obligations that the joint venture has entered into while the agreement was in force? (see e.g. items C and D above).
Yes, even though the contract has been terminated, this does not mean that the entire contract is not to be read as a whole in a post-termination dispute regarding the contract. In fact, the contract cannot be read in any other way. The arbitrator must look at the entire contract to determine the obligations of the parties.(3) Should the arbitrator conclude that the cost to the TerminatingCompany can go beyond the penalty and specific costs defined in the termination clause? (see e.g. items A, C, D & 2 above).
This depends on the exact language of the termination clause. If the language is stated as a limitation of liability, then the arbitrator should limit the damages to that specific amount as agreed to by the parties unless there is a reason that the clause should be thrown out. Further, the arbitrator may not enforce a "penalty" clause as generally these are not enforceable as they are invalid under the law. A liquidated damages clause is the only type of preset "penalty" that can be legally enforced.
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Thanks for the quick answer. I have no problem giving a good rating after our interaction. Some follow-up on the answer to question three:
The termination clause never actually uses the word "Penalty" (I was paraphrasing other words), instead it states that TerminatingCompany should provide $X to help the non-terminating company pay for getting workers into other positions/jobs. Does that change the picture at all on that part?
Also, the termination clause uses the words "$X is required from TerminatingCompany", in my mind that can be read that other obligations the joint venture entered into can result in higher amounts, and by having the TerminatingCompany pay that higher amount, the lower "required" amount is met, i.e. the wording "required" only sets a lower bound. And other obligations entered into can result in higher payments needed from TerminatingCompany.
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