§2-309. Absence of specific time provisions; notice of termination
(1). The time for shipment or delivery or any other action under a contract if not provided in this Article or agreed upon shall be a reasonable time.
(2). Where the contract provides for successive performances but is indefinite in duration it is valid for a reasonable time but unless otherwise agreed may be terminated at any time by either party.
(3). Termination of a contract by one party except on the happening of an agreed event requires that reasonable notification be received by the other party and an agreement dispensing with notification is invalid if its operation would be unconscionable.
Structure Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Part 3: GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT
11 §2-301. General obligations of parties
11 §2-302. Unconscionable contract or clause
11 §2-303. Allocation or division of risks
11 §2-304. Price payable in money, goods, realty or otherwise
11 §2-306. Output, requirements and exclusive dealings
11 §2-307. Delivery in single lot or several lots
11 §2-308. Absence of specified place for delivery
11 §2-309. Absence of specific time provisions; notice of termination
11 §2-310. Open time for payment or running of credit; authority to ship under reservation
11 §2-311. Options and cooperation respecting performance
11 §2-312. Warranty of title and against infringement; buyer's obligation against infringement
11 §2-313. Express warranties by affirmation, promise, description, sample
11 §2-314. Implied warranty: merchantability; usage of trade
11 §2-315. Implied warranty: fitness for particular purpose
11 §2-316. Exclusion or modification of warranties
11 §2-317. Cumulation and conflict of warranties express or implied
11 §2-319. F.O.B. and F.A.S. terms
11 §2-320. C.I.F. and C.& F. terms
11 §2-323. Forms of bill of lading required in overseas shipment; "overseas"
11 §2-324. "No arrival, no sale" term
11 §2-325. "Letter of credit" term; "confirmed credit"
11 §2-326. Sale on approval and sale or return; rights of creditors
11 §2-327. Special incidents of sale on approval and sale or return