Is there liability for exit assistance costs on termination when there is no express provision in the agreement?

Termination

A termination clause in a contract allows for the agreement to be terminated on the grounds and in the manner specified in the clause. There are four broad grounds:

1. •

   termination by notice or agreement. See: Contract termination—overview and Practice Note: Ending a contract by agreement

2. •

   breach of the agreement. See Practice Note: Termination for breach of contract

3. •

   a party ceasing to conduct business or becoming insolvent. For restrictions on the enforceability of such clauses, see Practice Note: Corporate Insolvency and Governance Act 2020—restrictions on ipso facto clauses

4. •

   an force majeure event. See Practice Note: Force majeure—consequences and contract discharge

Exit assistance

The contract may also have an exit or termination assistance clause. This might