Common use of Liability of Breach Clause in Contracts

Liability of Breach. 10.1 The Sole Corporation has the right to terminate this Agreement and/or require the Shareholders and the Company to fully indemnify the Sole Corporation if the Shareholders or the Company substantially breach any sections hereof; this section 10 shall not preclude any other rights of the Sole Corporation hereunder. 10.2 Unless otherwise provided for by applicable laws, the Shareholders or the Company have no right to terminate or cancel this Agreement.