MANAGEMENT

Detailed explanation-1: -The contract is void. A contract, which at the time was entered into, was capable of being performed may subsequently become impossible to perform or unlawful. In such cases the contract becomes void. This is known as the doctrine of Supervening Impossibility.

Detailed explanation-2: -Impossibility of performance is a doctrine whereby one party can be released from a contract due to unforeseen circumstances that render performance under the contract impossible.

Detailed explanation-3: -This Agreement shall be terminated: Upon the expiration of [number, e.g., thirty (30)] days after either party hereto shall give written notice to the other party of its intention to terminate.

Detailed explanation-4: -3] Discharge by the Impossibility of Performance If it is impossible for any of the parties to the contract to perform their obligations, then the impossibility of performance leads to a discharge of the contract. If the impossibility exists from the start, then it is impossibility ab-initio.