Md. Code Ann., Com. Law § 22-616
Termination; survival of obligations
Effective Oct 1, 2000Added by Acts 2000, c. 11, § 1, eff. Oct. 1, 2000. Amended by Acts 2000, c. 61, § 6, eff. April 25, 2000.State of Maryland
- (a) Except as otherwise provided in subsection (b) of this section, on termination all obligations that are still executory on both sides are discharged.
(b) The following survive termination:
- (1) A right based on previous breach or performance of the contract;
- (2) An obligation of confidentiality, nondisclosure, or noncompetition to the extent enforceable under other law;
- (3) A contractual use term applicable to any licensed copy or information received from the other party, or copies made of it, which are not returned or returnable to the other party;
- (4) An obligation to deliver, or dispose of information, materials, documentation, copies, records, or the like to the other party, an obligation to destroy copies, or a right to obtain information from an escrow agent;
- (5) A choice of law or forum;
- (6) An obligation to arbitrate or otherwise resolve disputes by alternative dispute resolution procedures;
- (7) A term limiting the time for commencing an action or for giving notice;
- (8) An indemnity term or a right related to a claim of a type described in § 22-805(d)(1) of this title;
- (9) A limitation of remedy or modification or disclaimer of warranty;
- (10) An obligation to provide an accounting and make any payment due under the accounting; and
- (11) Any term that the agreement provides will survive.
Added by Acts 2000, c. 11, § 1, eff. Oct. 1, 2000. Amended by Acts 2000, c. 61, § 6, eff. April 25, 2000.