Exit
Maturity: LowCollaborator Exits Without Cause
30 days notice. Sharing rights terminate. Invested portion settled per agreement terms. Work in progress is handed over.
Brand Terminates Without Cause
Sharing paid through current cycle end. If output is still in use, duration terms remain in effect.
Termination for Cause
Written notice, 30-day improvement period, formal termination. Sharing rights terminate. Invested portion settled per agreement terms.
Settlement method, discount coefficients, and improvement period duration are specified in each collaborator’s agreement.