Common use of Term Termination and Effect of Termination Clause in Contracts

Term Termination and Effect of Termination. 10.1 This Agreement shall extend until the end of the Term unless terminated earlier by a Party pursuant to the provisions of this Section 10. 10.2 Either Party may terminate this Agreement for cause by written notice if the other Party (or its Affiliate) materially breaches any material provision of this Agreement and fails to substantially cure such breach within thirty (30) days of written notice describing the breach and the intent of the notifying Party to terminate the Agreement in the event such breach is not substantially cured. 10.3 Eos may terminate the Database or Services portions of this Agreement in the event that Eos determines in its sole discretion that Eos no longer wishes to engage in the Database or Services Business. Such termination may be effected by Eos providing sixty (60) days prior written notice to Affymetrix. If Eos elects to terminate under this Section 10.3, Eos' obligation to pay royalties for a Database (other than the obligation to pay a minimum annual royalty pursuant to Section 5.5 above, which shall not survive) shall survive termination of this Agreement and persist as long as any third party retains an active subscription to such Database.