EGC Termination Events Sample Clauses

EGC Termination Events. AST may terminate this Agreement for the following reasons (each, a “Termination Event”) resulting in the consequences set forth in Section 2.5 hereof:‌ (a) Upon notice if EGC breaches the confidentiality provisions of Section 5.1; (b) Failure by EGC to pay the Annual Payment payable within thirty (30) days of notice by AST to EGC that such payment is delinquent; or (c) If EGC ceases to be an Eligible Entity. Termination under this Section 2.4 shall be effective upon written notice from AST to the applicable EGC. Termination under Section 2.2 shall be effective as provided therein.