Common use of Termination by Distributor Clause in Contracts

Termination by Distributor. If the Company materially breaches this -------------------------- Agreement and if such breach remains uncured for thirty (30) days after Distributor gives the Company written notice of such breach, Distributor may terminate this Agreement for Cause by delivery of written notice of termination to the Company, effective thirty (30) days after the date of such notice. The Company may avoid termination by curing its breach to Distributor's satisfaction within the thirty- (30) day cure period.

Appears in 6 contracts

Samples: Exclusive Distribution Agreement (Applied Digital Solutions Inc), Exclusive Distribution Agreement (Applied Digital Solutions Inc), Exclusive Distribution Agreement (Applied Digital Solutions Inc)

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