Common use of Uncured Breach Clause in Contracts

Uncured Breach. (1) If Futurestep or KF shall breach any material -------------- provision contained in this Agreement, and such breach is not cured within thirty (30) days after receiving written notice of such breach from Dow Xxxxx, then Dow Xxxxx may deliver a second written notice to Futurestep and KF terminating this Agreement, in which event this Agreement, and the license and rights granted hereunder, shall terminate on the date specified in such second notice. (2) If Dow Xxxxx shall breach any material provision contained in this Agreement, and such breach is not cured within thirty (30) days after receiving written notice of such breach from Futurestep or KF, then Futurestep or KF (as the case may be) may deliver a second written notice to Dow Xxxxx terminating this Agreement, in which event this Agreement, and the license and rights granted hereunder, shall terminate on the date specified in such second notice. (3) Each party shall inform the other parties of breaches of immaterial provisions of which such party becomes aware, but a breach of an immaterial provision shall not give rise to a right to terminate the Agreement.

Appears in 4 contracts

Samples: Trademark License and Promotion Agreement (Korn Ferry International), Trademark License and Promotion Agreement (Korn Ferry International), Trademark License and Promotion Agreement (Korn Ferry International)

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