Common use of LIFE OF AGREEMENT Clause in Contracts

LIFE OF AGREEMENT. 1. This AGREEMENT will come into effect on being signed by the latest contracting party commencing with January 1, 1995. 2. The lifetime of this AGREEMENT is in accordance with the lifetime of the US-AGREEMENT. 3. MAUSER has the right to cancel this AGREEMENT by written notice of cancellation and with immediate effect for any of the following, if XXXXXXX-XXXXXXX is in default of a material obligation resulting from this AGREEMENT, especially with the payment of the Royalties, or has violated material obligations under the AGREEMENT and has not remedied such violation within three months after receipt of a corresponding notice by MAUSER to do so, XXXXXXX-XXXXXXX undertakes measures which are a material breach of trust and/or breach of secrecy 4. XXXXXXX-XXXXXXX has the right to cancel this AGREEMENT by written notice of cancellation and with immediate effect, if MAUSER does not fulfill material obligations under this AGREEMENT within three months after having received a corresponding notice to do so. 5. In the event of any adjudication of bankruptcy, assignment for the benefit of creditors or levy of execution directly involving XXXXXXX-XXXXXXX or MAUSER, the other shall have the immediate right to terminate this AGREEMENT by giving written notice to the other party hereto. 6. In the event of a premature termination of this AGREEMENT by cancellation all rights of XXXXXXX-XXXXXXX arising from this AGREEMENT will cease by the latest two months after receipt of the notice of cancellation. The Royalties shall be payable until that date, when XXXXXXX-XXXXXXX loses all rights resulting from this AGREEMENT. 7. Upon the termination of this AGREEMENT all rights of the contracting parties from this AGREEMENT will cease, unless such termination is coincident with the termination of said US-Agreement, in which event the rights of the parties shall be as set forth in the US-Agreement.

LIFE OF AGREEMENT. 1. This AGREEMENT Agreement will come into effect on being signed by the latest contracting party commencing with January 1, 1995. Therefore, the first contractual year will end on December 31, 1995. The first contractual period will be six years. 2. The lifetime After December 31, 2000, this Agreement shall be tacitly renewed by periods of this AGREEMENT 5 (five) years each, unless notice of cancellation by registered letter is in accordance with given by either contracting party not later than six months before expiry of any contractual period. Decisive date for the lifetime observance of the US-AGREEMENTperiod of notice shall be the date of mail delivery of the registered letter. 3. MAUSER has have the right to cancel this AGREEMENT Agreement by written notice of cancellation and with immediate effect for any of the following, if XXXXXXX-XXXXXXX - HUNTER DRUMS is in default of a material with an obligation resulting from this AGREEMENTAgreement, especially with the payment of the RoyaltiesKNOW HOW and License fees, or has violated material his obligations under the AGREEMENT Agreement and has did not remedied remedy such default or violation within three months after receipt of a corresponding notice by MAUSER to do so, XXXXXXX-XXXXXXX - HUNTER DRUMS undertakes measures which are a material have to be regarded as breach of trust and/or breach of secrecy, - insolvency or bankruptcy proceedings are applied for or ordered for the property of HUNTER DRUMS, - **** 4. XXXXXXX-XXXXXXX HUNTER DRUMS has the right to cancel this AGREEMENT by written notice of cancellation and Agreement with immediate effecteffect for an important reason, particularly if - MAUSER does do not fulfill material their obligations under this AGREEMENT Agreement within three months after having received a corresponding notice to do so., - insolvency or bankruptcy proceedings are applied for or ordered for the property of MAUSER, - MAUSER undertakes measures which have to be regarded as breach of trust and/or breach of secrecy, 5. In the event of any adjudication of bankruptcy, assignment for the benefit of creditors or levy of execution directly involving XXXXXXX-XXXXXXX or MAUSER, the other shall have the immediate right to terminate this AGREEMENT by giving written notice to the other party hereto. 6. In the event of a premature termination of this AGREEMENT Agreement by cancellation all rights of XXXXXXX-XXXXXXX HUNTER DRUMS arising from this AGREEMENT Agreement will cease by the latest two months after receipt of the notice of cancellation. The Royalties contractual KNOW HOW fees shall be payable until that date, when XXXXXXX-XXXXXXX HUNTER DRUMS loses all rights resulting from this AGREEMENTAgreement. 76. Within one month after expiry or termination of this Agreement for any cause HUNTER DRUMS shall return all documents and drawings received from MAUSER. Upon the termination of this AGREEMENT Agreement all rights of the contracting parties from this AGREEMENT will Agreement shall cease, unless such termination is coincident with the termination exception of said US-Agreement, those provided in which event the rights of the parties shall be as set forth in the US-Agreementits Article 7 (Secrecy).

LIFE OF AGREEMENT. 1. This AGREEMENT Agreement will come into effect on being signed by the latest contracting party commencing with January 1, 1995. Therefore, the first contract year will end on December 31, 1995. The first contractual period will be five years. 2. The lifetime After December 31, 1999, this Agreement will be tacitly renewed by periods of one year each, unless notice of cancellation by registered letter is given by either contracting party not later than six months before expiry of any contract year. All notices given pursuant to this AGREEMENT is Article 10.2 shall be in accordance with writing and delivered by facsimile transmission and confirmed by international overnight delivery service, delivery receipt requested, or the lifetime functional equivalent thereof at the time of notice. Decisive date for the observance of the US-AGREEMENTperiod of notice shall be the date of receipt of the notice. 3. MAUSER has the right to cancel this AGREEMENT Agreement by written notice of cancellation and with immediate effect for any of the following, if XXXXXXX-XXXXXXX is in default of a material obligation resulting from this AGREEMENTAgreement, especially with the payment of the RoyaltiesKNOW HOW and License fees, or has violated material obligations under the AGREEMENT Agreement and has not remedied such violation within three months after receipt of a corresponding notice by MAUSER to do so, XXXXXXX-XXXXXXX undertakes measures which are a material breach of trust and/or breach of secrecy, **** 4. XXXXXXX-XXXXXXX has the right to cancel this AGREEMENT Agreement by written notice of cancellation and with immediate effect, if - MAUSER does not fulfill material obligations under this AGREEMENT Agreement within three months after having received a corresponding notice to do so., 5. In the event of any adjudication of bankruptcy, assignment for the benefit of creditors or levy of execution directly involving XXXXXXX-XXXXXXX XXXXXXX or MAUSER, the other shall have the immediate right to terminate this AGREEMENT Agreement by giving written notice to the other party hereto., 6. In the event of a premature termination of this AGREEMENT Agreement by cancellation all rights of XXXXXXX-XXXXXXX arising from this AGREEMENT Agreement will cease by the latest two months after receipt of the notice of cancellation. The Royalties contractual KNOW HOW fees shall be payable until that date, when XXXXXXX-XXXXXXX loses all its rights resulting from this AGREEMENTAgreement. 7. Within one month after expiry or termination of this Agreement for any cause XXXXXXX-XXXXXXX shall return all documents and drawings received from MAUSER. Upon the termination of this AGREEMENT Agreement all rights of the contracting parties from this AGREEMENT Agreement will cease, unless such termination is coincident with the termination exception of said USthose provided in its Article 7 (Secrecy). 8. Should this Agreement expire in accordance with paragraph 10.2 hereof, XXXXXXX-Agreement, in which event XXXXXXX shall have the rights absolute non-exclusive right to use the Know How forever thereafter free of the parties shall be as set forth in the US-Agreementany and all royalties and fees.

LIFE OF AGREEMENT. 1. This AGREEMENT Agreement will come into effect on being signed by the latest contracting party commencing with January 1, 1995. Therefore, the first contractual year will end on December 31, 1995. The first contractual period will be six years. 2. The lifetime AfterDecember 31, 2000, this Agreement will be tacitly renewed by periods of this AGREEMENT 5 (five) years each, unless notice of cancellation by registered letter is in accordance with given by either contracting party not later than six months before expiry of any contractual period. Decisive date for the lifetime observance of the US-AGREEMENTperiod notice shall be the date of mail delivery of the registered letter. 3. MAUSER has have the right to cancel this AGREEMENT Agreement by written notice of cancellation and with immediate effect for any of the following, if XXXXXXX-XXXXXXX - HUNTER DRUMS is in default of a material with an obligation resulting from this AGREEMENTAgreement, especially with the payment of the RoyaltiesKNOW HOW and License fees, or has violated material his obligations under the AGREEMENT Agreement and has did not remedied remedy such default or violation within three months after receipt of a corresponding notice by MAUSER to do so, XXXXXXX-XXXXXXX - HUNTER DRUMS undertakes measures which are a material have to be regarded as breach of trust and/or breach of secrecy. - insolvency or bankruptcy proceedings are applied for or ordered for the property of HUNTER DRUMS, - **** 4. XXXXXXX-XXXXXXX HUNTER DRUMS has the right to cancel this AGREEMENT by written notice of cancellation and Agreement with immediate effecteffect for an important reason, particularly if S MAUSER does do not fulfill material their obligations under this AGREEMENT Agreement within three months after having received a corresponding notice to do so., - insolvency or bankruptcy proceedings are applied for or ordered for the property of MAUSER. - MAUSER undertakes measures which have to be regarded as breach of trust and/or breach of secrecy, 5. In the event of any adjudication of bankruptcy, assignment for the benefit of creditors or levy of execution directly involving XXXXXXX-XXXXXXX or MAUSER, the other shall have the immediate right to terminate this AGREEMENT by giving written notice to the other party hereto. 6. In the event of a premature termination of this AGREEMENT Agreement by cancellation all rights of XXXXXXX-XXXXXXX HUNTER DRUMS arising from this AGREEMENT Agreement will cease by the latest two months after receipt of the notice of cancellation. The Royalties contractual KNOW HOW fees shall be payable until that date, when XXXXXXX-XXXXXXX HUNTER DRUMS loses all rights resulting from this AGREEMENTAgreement. 76. Within one month after expiry or termination of this Agreement for any cause HUNTER DRUMS shall return all documents and drawings received from MAUSER. Upon the termination of this AGREEMENT Agreement all rights of the contracting parties from this AGREEMENT Agreement will cease, unless such termination is coincident with the termination exception of said US-Agreement, those provided in which event the rights of the parties shall be as set forth in the US-Agreementits Article 7 (Secrecy).

LIFE OF AGREEMENT. 1. This AGREEMENT Agreement will come into effect on being signed by the latest contracting party commencing with January 1, 1995. Therefore, the first contractual year will end on December 31, 1995. The first contractual period will be six years. 2. The lifetime After December 31, 2000, this Agreement shall be tacitly renewed by periods of this AGREEMENT 5 (five) years each, unless notice of cancellation by registered letter is in accordance with given by either contracting party not later than six months before expiry of any contractual period. Decisive date for the lifetime observance of the US-AGREEMENTperiod of notice shall be the date of mail delivery of the registered letter. 3. MAUSER has have the right to cancel this AGREEMENT Agreement by written notice of cancellation and with immediate effect for any of the following, if XXXXXXX-XXXXXXX - HUNTER DRUMS is in default of a material with an obligation resulting from this AGREEMENTAgreement, especially with the payment of the RoyaltiesKNOW HOW and License fees, or has violated material his obligations under the AGREEMENT Agreement and has did not remedied remedy such default or violation within three months after receipt of a corresponding notice by MAUSER to do so, XXXXXXX-XXXXXXX - HUNTER DRUMS undertakes measures which are a material have to be regarded as breach of trust and/or breach of secrecy, - insolvency or bankruptcy proceedings are applied for or ordered for the property of HUNTER DRUMS, - one of MAUSER's competitors acquires a participation in the company of HUNTER DRUMS and thus obtains a possibility of inspection or influence or control of HUNTER DRUMS, Plastic Container division. 4. XXXXXXX-XXXXXXX HUNTER DRUMS has the right to cancel this AGREEMENT by written notice of cancellation and Agreement with immediate effecteffect for an important reason, particularly if - MAUSER does do not fulfill material their obligations under this AGREEMENT Agreement within three months after having received a corresponding notice to do so., - insolvency or bankruptcy proceedings are applied for or ordered for the property of MAUSER, - MAUSER undertakes measures which have to be regarded as breach of trust and/or breach of secrecy, 5. In the event of any adjudication of bankruptcy, assignment for the benefit of creditors or levy of execution directly involving XXXXXXX-XXXXXXX or MAUSER, the other shall have the immediate right to terminate this AGREEMENT by giving written notice to the other party hereto. 6. In the event of a premature termination of this AGREEMENT Agreement by cancellation all rights of XXXXXXX-XXXXXXX HUNTER DRUMS arising from this AGREEMENT Agreement will cease by the latest two months after receipt of the notice of cancellation. The Royalties contractual KNOW HOW fees shall be payable until that date, when XXXXXXX-XXXXXXX HUNTER DRUMS loses all rights resulting from this AGREEMENTAgreement. 76. Within one month after expiry or termination of this Agreement for any cause HUNTER DRUMS shall return all documents and drawings received from MAUSER. Upon the termination of this AGREEMENT Agreement all rights of the contracting parties from this AGREEMENT will Agreement shall cease, unless such termination is coincident with the termination exception of said US-Agreement, those provided in which event the rights of the parties shall be as set forth in the US-Agreementits Article 7 (Secrecy).

LIFE OF AGREEMENT. 1. This AGREEMENT Agreement will come into effect on being signed by the latest contracting party commencing with January 1, 1995. 2. The lifetime This agreement will terminate July 31, 2008 unless one or more improvement patents issues under Article 1 in which event this agreement terminates on the earlier of a) the latest to expire of such improvement patents or b) July 31, 2015, unless upon 6 months prior written notice MAUSER has given notice of renewal. In such event the Agreement will be tacitly renewed by periods of one year each, unless notice of cancellation is given by either contracting party not later than six months before the end of any contractual year. All notices given pursuant to this AGREEMENT is Article 11.2 shall be in accordance with writing and delivered by facsimile transmission and confirmed by international overnight delivery service, delivery receipt requested, or the lifetime functional equivalent thereof at the time of notice. Decisive date for the observance of the US-AGREEMENTperiod of notice shall be the date of receipt of the notice. 3. MAUSER has the right to cancel this AGREEMENT Agreement by written notice of cancellation and with immediate effect for any of the following, if - XXXXXXX-XXXXXXX is in default of a material obligation resulting from this AGREEMENTAgreement, especially with the payment of the RoyaltiesKNOW HOW and License fees, or has violated material obligations under the AGREEMENT Agreement and has not remedied such violation within three months after receipt of a corresponding notice by MAUSER to do so, - XXXXXXX-XXXXXXX undertakes measures which are a material breach of trust and/or breach of secrecy, - **** 4. XXXXXXX-XXXXXXX has the right to cancel this AGREEMENT Agreement by written notice of cancellation and with immediate effecteffect for any of the following, if MAUSER does not fulfill material obligations under this AGREEMENT Agreement within three months after having received a corresponding notice to do so. 5. In the event of any adjudication of bankruptcy, assignment for the benefit of creditors or levy of execution directly involving XXXXXXX-XXXXXXX XXXXXXX or MAUSER, the other shall have the immediate right to terminate this AGREEMENT Agreement by giving written notice to the other party hereto., 6. In Except as provided in Article 11, para 7, in the event of a premature termination pursuant to Article 10, para 3 or to para 2 - 4 of this AGREEMENT Article 11 by cancellation cancellation, all rights of XXXXXXX-XXXXXXX arising from this AGREEMENT Agreement will cease by the latest two months after receipt of the notice of cancellation. The Royalties contractual KNOW HOW fees shall be payable until that date, when XXXXXXX-XXXXXXX loses all rights resulting from this AGREEMENT. Agreement. Except as provided in Article 11, para 7, within one month after expiration or termination of this Agreement pursuant to para 3 + 4 of Article 11 XXXXXXX-XXXXXXX shall return all documents and drawings received from MAUSER. Upon the termination cancellation of this AGREEMENT Agreement pursuant to Article 10, para 3 or to para 2 - 4 of Article 11 all rights of the contracting parties from this AGREEMENT Agreement will cease, unless such termination is coincident with the termination exception of said US-Agreementthose provided in its Article 7 (Secrecy) and in its Article 11, para 7. 7. Should this Agreement expire in which event accordance with Article 10, para 3 or Article 11, para 2 hereof, XXXXXXX XXXXXXX shall have the rights absolute nonexclusive right to use the KNOW HOW forever thereafter free of the parties shall be as set forth in the US-Agreementany and all royalties and fees.