Common use of In the Event of Breach Clause in Contracts

In the Event of Breach. In the event of a material breach by either Party of a material provision hereof, which breach is not cured within sixty (60) days after written notice thereof by the other Party (“Cure Period”), then the Parties agree to resolve any damages through the use of arbitration in accordance with Section 10.2. The Cure Period may be extended by written mutual agreement of AcceleMed and Nalu.