Common use of Cause for Immediate Termination Clause in Contracts

Cause for Immediate Termination. Failure by TONGSHI to manufacture each and every China WORLDSPACE PC Card and each and every China WORLDSPACE Receiver with a unique identification, with a STARMAN Chipset or with any hardware or software required to enable decryption of the encryption scheme used by WORLDSPACE for subscription audio and/or multimedia services shall constitute cause for immediate termination of this Agreement without notice.” THE PARTIES, INTENDING TO BE LEGALLY BOUND, have executed this Amendment as of the date last written below. By: /s/ By: /s/ Date: Date: Article 1 DEFINITIONS 1 Article 2 COOPERATIVE PROJECT 3 2.1 Conditions Precedent 3 2.2 Technology Development Plan 3 2.1 Business Plan 4 Article 3 Obligations 4 3.1 WorldSpace’s Obligations 4 3.2 Tongshi’s Obligations 4 Article 4 TECHNOLOGY DEVELOPMENT PLAN 4 4.1 Software Development Conditions 4 4.2 Inspection and Acceptance 5 4.3 Rights and Interests in Developments 5 4.4 Software Production 5 Article 5 BUSINESS PLAN 6 5.1 Production and Sale of WorldSpace China Receivers and WorldSpace China PC Cards 6

Appears in 2 contracts

Sources: Standard Production, Marketing and License Agreement (WorldSpace, Inc), Standard Production, Marketing and License Agreement (WorldSpace, Inc)