Force Majeure Event Addendum to Purchase AgreementForce Majeure Event Addendum to Purchase Agreement • March 19th, 2020
The performance of this Agreement is subject to termination and/or extension upon the occurrence of an Excused Event, as further defined below. As used herein, an “Excused Event” shall mean any Acts of God, declared state of emergency or public health emergency, pandemic (specifically including COVID-19), government mandated quarantines and isolations, war, acts of terrorism, organized labor activities, natural disasters, and/or government mandated orders for civil or military authorities any or all of which would either hinder the Seller’s or the Buyer’s performance under this Agreement and/or make such performance impractical and/or impossible. If an Excused Event occurs to the Seller or the Buyer, as the case may be then the Seller or the Buyer (as applicable) shall provide notice to the other of such Excused Event as soon as practical and the Seller or the Buyer (as applicable) shall have the option of:
