Common use of CONTINUATION OF THE PROGRAM Clause in Contracts

CONTINUATION OF THE PROGRAM. 5.1 Throughout the Momentum Accelerator Program, UQ will undertake assessments of the Company, the Nominated Participants and the Business to assess whether or not the Company should continue in the Momentum Accelerator Program. Factors relevant to these assessments will be determined by UQ in its absolute discretion, but may include the level of attendance, responsiveness and/or communication, achievement of the milestones and / or deliverables in the Reference Schedule, the direction of the Business and any reputational harm it may cause to Momentum or UQ, and the conduct of the Company and the Nominated Participants generally. 5.2 Following: (a) any material breach of these General Conditions by the Company or the Nominated Participants; or (b) UQ undertaking an assessment referred to in clause 5.1 and forming the view that the Company should not continue in the Momentum Accelerator Program, UQ may serve a notice on the Company which will terminate this Agreement, including without limitation, terminating the participation by the Company and the Nominated Participants in the Momentum Accelerator Program, seven (7) days from the date of service of the notice. 5.3 Prior to issuing a notice under clause 5.2 above, UQ may, but is not obliged to, give the Company an opportunity to remedy the breach of the General Conditions, or to address the factors that are causing UQ to consider discontinuing the Company’s involvement in the Momentum Accelerator Program (as applicable). 5.4 The Company may exit the Momentum Accelerator Program and terminate this Agreement at any time and for any reason by giving written notice to UQ. 5.5 The Company will use reasonable endeavours to inform UQ of any significant news or achievements of their Business for the purpose of promotion and research.

CONTINUATION OF THE PROGRAM. 5.1 Throughout the Momentum Accelerator Program, UQ (coordinated with the Investor) will undertake assessments of the Company, the Nominated Participants and the Business to assess whether or not the Company should continue in the Momentum Accelerator Program. Factors relevant to these assessments will be determined by UQ in its absolute discretion, but may include the level of attendance, responsiveness and/or communication, achievement of the milestones and / or deliverables in the Reference Schedule, the direction of the Business and any reputational harm it may cause to Momentum or UQ, and the conduct of the Company and the Nominated Participants generally. 5.2 Following: (a) any material breach of these General Conditions by the Company or the Nominated Participants; or (b) UQ undertaking an assessment referred to in clause 5.1 and forming the view (which must be confirmed by the Investor) that the Company should not continue in the Momentum Accelerator Program, UQ may serve a notice on the Company which will terminate this Agreement, including without limitation, terminating the participation by the Company and the Nominated Participants in the Momentum Accelerator Program, seven (7) days from the date of service of the notice. 5.3 Prior to issuing a notice under clause 5.2 above, UQ may, but is not obliged to, give the Company an opportunity to remedy the breach of the General Conditions, or to address the factors that are causing UQ to consider discontinuing the Company’s involvement in the Momentum Accelerator Program (as applicable). 5.4 The Company may exit the Momentum Accelerator Program and terminate this Agreement at any time and for any reason by giving written notice to UQUQ and the Investor. 5.5 The Company will use reasonable endeavours to inform UQ and the Investor of any significant news or achievements of their Business for the purpose of promotion and research.