Effects of Termination. Upon expiration or termination, all licenses granted hereunder shall terminate unless such licenses are expressly stated as surviving. XYZ shall promptly remove all Yhtiö Marks and Page Templates from its servers, and Yhtiö shall promptly remove all XYZ Marks, XYZ Banners and XYZ Content from its servers. Sections 1, 4.4, 5.1, 6.2, 6.3, 8.6, 9, 10, 11 and 12.2 to 12.9, and any obligation to pay any owed but unpaid amounts, shall survive any expiration or termination. 7 In addition, XYZ acknowledges that the placement fees set forth in Exhibit A were intended to be XX in year 1 and XXX in year 2, even though Yhtiö has agreed to extend credit terms to XYZ by allowing XYZ to pay over time. Thus, in the event that this Agreement terminates under Section 8.2 due to XYZ's failure to perform (excluding the cross-reference to Section 12.7) prior to the end of the applicable year, XYZ shall immediately pay to Yhtiö the amount necessary to pay the total year's placement fee for that year. XYZ waives any right to assert that the foregoing fee is a liquidated damage or a penalty.
