HOST for the damage incurred. Wall-Teq Computers & Electronics LLC agrees to provide remote maintenance & service in the event of equipment failure, and Wall-Teq Computers & Electronics LLC may request the assistance of local HOST's employees to attempt remote maintenance and repair. If HOST, or its employees, notices the system is not working properly they are to notify Wall-Teq immediately upon discovery to so the system can be maintained and placed back in operation for the mutual benefit of all parties.
Each party agrees to hold one another harmless for any and all claims, actions, suits, proceedings, costs, expenses, damages and liabilities, including reasonable attorney fees for activities in which one partying is acting solely on its behalf. Neither party possess the power or ability to negotiate or obligate the other party without its express written permission or additional agreements beyond the scope of the terms contained herein. Any action that may be brought against one party for breach of its contracts and obligations in no way makes the other party liable to the extent that the law will allow.
Unless earlier terminated as provided below, the term of this Agreement shall commence upon the signing of this agreement and shall continue for 36 months, where the agreement may be terminated 24 months after the start of the term. At the end of the term, the Agreement shall automatically renew as so long as Wall-Teq Computers & Electronics LLC has fulfilled its obligations.
A. Wall-Teq Computers & Electronics LLC reserves the right at its sole discretion to cancel this agreement and retrieve its equipment if advertiser support is insufficient to provide Wall-Teq Computers & Electronics LLC a satisfactory revenue stream to support the network investment.
B. Either party may cancel upon any of the following events: (1) failure of Parties to fulfill or perform any one of the duties, obligations or responsibilities of this Agreement, which failure is not cured withinten (10) days' notice from other party; (2) failure of a Party for any reason to function in the ordinary course of business; (3) conviction in a court of competent jurisdiction of a Party, or a manager, partner, principal officer or major stockholder of either Party for any violation of law tending, in either Party's opinion, to affect adversely the operation or business of the non-violating Party or the good name, goodwill, or reputation of Party, products of either Party; or (4) submission by one Party to another of false or fraudulent reports or statements, including, without limitation, claims for any refund, credit, rebate, incentive, allowance, discount, reimbursement or other payment.
11. Obligations on Termination.
Upon termination of this Agreement:
A. Each Party must immediately discontinue the use of the other Party's name and/or trade imagery in all marketing and other business development related activities.