Termination

Under the Uniform Commercial Code
Under Section 2-106(2) of the Uniform Commercial Code (U.C.C.), "termination occurs 	when either party pursuant to a power created by agreement or 	law puts an end to the contract otherwise 	than for its breach. On 'termination' all obligations which are still executory 	on both sides are discharged but any right based on prior breach or performance 	survives."