Orange County NC Website
as to confusional Information shall continue for a Period of liver wars following termination oftus <br />Agreement. <br />I. Term and Termination <br />The Initial term of this Agreement shall be for one year from the Effective Date. After expiration of the <br />In mil term, Connotes Included In this Agreement shall automatically renew for successive <br />one year pedods(the initial term and each renewal term, a' Term") unless either party provides <br />written notice of non - renewal a least W days price to commencement of the applicable renewal <br />term, The costs for Services in this agreement will Increase by 3% (three percent) each year. The <br />prattles will work In fund falN to allow for each party to unwind this relaldoeM1ip N nomination <br />a. Termination by FASTER <br />FASTER shall have the right, upon notice to Customer, to terminate this Agreement b (a) <br />Customer falls to pay FASTER any amount due hereunder and such begun to pay is not <br />cured within 30 days following FASTERS notice to Customer of such breach; jb) Customer <br />materdalN breaches any farm or condition at this Agreement, Founded! such breach is not <br />round by Customer within 30 days following FASTENS notice in Customer of such breach; or <br />(c) Customer h) terminates or suspends as business activities; lip makes an assignment for <br />the benefit of creditors, or becomes subject to direct Comm[of a trustee, recedverorsimilar <br />authority; or loll becomes subject to any bankruptcy or Insolvency processing under federal <br />or state statutes. <br />b, Termination by Customer <br />Customer will have Me right, upon nalttto FASTER, to immediate this Agreement lfla )FASTER <br />kin general breach of thb Agreement and FASTEN falls to remedy such material breach <br />within 30 days of Its recelpt of such notice; lbl as provided by Section 3ja) of Schedule g;( C) <br />FASTER(1)terminates or suspends Its business a9vnleq (it)makes an assignment for the <br />benefit of creditors, or becomes subjectto direct control me trustee, receiver or similar <br />authority; orpill becomes subject to any bankruptcy or Insolvency proceeding under federal <br />or state statutes. <br />FASTER` Response to 5743 ror Orange County, PC I Page 171 <br />