Common use of Immediate Right of Termination Clause in Contracts

Immediate Right of Termination. Novisign may immediately terminate this Agreement by giving written notice 30 days in advance to Reseller in the event that Reseller: (i) Makes any change in the current management of Reseller, which in the opinion of Novisign substantially impairs Novisign 's rights under this Agreement, or has or threatens to damage the reputation of Novisign, or the Product; (ii) Engages in any illegal, unfair, or deceptive business practices or unethical conduct whatsoever, whether or not related to the Product; (iii) challenges, contests or disputes, directly or indirectly Novisign’s exclusive Intellectual Property Rights in the Product or the validity thereof. (iv) Misrepresents information about the Reseller in the web application to become a Reseller Partner.

Immediate Right of Termination. Novisign NoviSign may immediately terminate this Agreement by giving written notice 30 days in advance to Reseller in the event that Reseller: (i) Makes any change in the current management of Reseller, which in the opinion of Novisign NoviSign substantially impairs Novisign NoviSign 's rights under this Agreement, or has or threatens to damage the reputation of NovisignNoviSign, or the Product; (ii) Engages in any illegal, unfair, or deceptive business practices or unethical conduct whatsoever, whether or not related to the Product; (iii) challenges, contests or disputes, directly or indirectly NovisignNoviSign’s exclusive Intellectual Property Rights in the Product or the validity thereof. (iv) Misrepresents information about the Reseller in the web application to become a Reseller Partner.