Common use of Effective Date of this Agreement and Termination Clause in Contracts

Effective Date of this Agreement and Termination. Provided that Dealer has executed and delivered one copy of this Agreement to the Selling Agent, this Agreement shall become effective at McLean, Virginia, concurrent with the Offering's Effective Date. This Agreement will terminate at the earlier of (i) the expiration of the Offering Period, (ii) the day and time HCMI, in its sole discretion, terminates the Offering or (iii) the day and time the Selling Agent, in its sole discretion, terminates this Agreement; provided, however, any termination under clause (ii) or (iii) of this Section 8 must be preceded by a written notice to Dealer that specifies the time and date of termination and is received by Dealer at least three (3) business days before the date of termination; provided, further, that any such termination pursuant to this Section 8 shall not affect any previously incurred obligation hereunder to pay compensation pursuant to this Agreement.