Notice of Status Change. If Licensee executed this Agreement having the status of a Qualified Not-for-Profit or Qualified Individual, then if and when there is a material change in any factors relevant to determining that status -- for example, that Licensee has come under the effective control of a commercial entity as a result of a change in the membership of Licensee’s Board of Directors or equivalent governing body -- Licensee shall notify Oracle of the nature of the change(s). Failure to provide such notice, or the knowing disclosure of inaccurate information to Oracle in response to its reasonable requests (whether an initial application or follow-on requests) for information concerning Licensee’s Qualified Not-for-Profit or Individual status, shall be considered a breach of this Agreement.
