合同英語(yǔ)翻譯成英文

AGREEMENTTHISAGREEMENT

madeon1stDayofDecember,2021byandbetween,A,acorporationdulyorganizedandexistingunderthelawsofTheGovernmentofB,withofficeatC(hereinaftercalled“Buyer”),andDacorporationdulyorganizedandexistingunderthelawsofTheGovernmentof_E,havingitsplaceofbusinessatG(hereinaftercalled“Seller”)WITNESSETHWHEREAS,Buyerdesirestopurchase,andSelleriswillingtoselltoBuyer,theproductsorserviceswhicharesetforthinArticle2hereof(hereinaftercalledthe“Products”)uponthetermsandconditionswhicharehereinaftersetforth.NOWTHEREFORE,inconsiderationofthepremisesandthemutualcovenantshereincontained,thepartiesheretoherebyagreeasfollows;ARTICLE1.DEFINITIONSInthisAgreement,unlessthecontextotherwiserequires:1.1.“IncomingInspection”shallmeanthetestsetoutinthePurchaseOrderorotherrelateddocumentattachedheretotoestablishwhethertheProductsmeetthetestcriteria

pertainingtothemintherelevantPurchaseOrder.1.2.“ConfidentialInformation”shallmeananyandallinformationowned,created,orpossessed

bythedisclosingpartythatthedisclosingpartydesirestoprotectasconfidentialagainstunrestricteddisclosureorimpropercompetitiveuse,including,butnotlimitedto,discoveries,ideas,concepts,know-how,techniques,designs,specifications,drawings,blueprints,tracings,diagrams,models,samples,flowcharts,data,computerprogramsanddocumentation,disks,diskettes,tapes,marketingplans,customernames,lists,orproposals,patentapplications,businessinformation,strategicanddevelopmentplans,employeelists,businessmanuals,technicalorfinancialinformation,orsketches,whetherconveyedascommunicationsordatainoral,written,graphic,orelectromagneticformorotherwise,andallotherinformationwhichmaybedisclosedbythedisclosingpartyortowhichthereceivingpartymaybeprovidedaccessbythedisclosingpartyorothersinaccordancewiththisAgreement,whichisnotgenerallyavailabletothepublicandallConfidentialInformationshallbeclearlyidentifiedasconfidential.1.3.“Delivery”shallmeandeliveryoftheProductinthePurchaseOrder.1.4.“Defect”shallmeanany(i)reproducibledefectsinanyProductswhichcauseitnottofunctioninconformancewiththeSpecifications,and(ii)SoftwaremiscodingwhichresultsintheSoftwarefailingtofunctioninconformancewiththeSpecifications,ifsuchfailureisreproducible.1.5.“Product”shallmeanthetangibleproductsspecifiedinthePurchaseOrder.1.6.“PurchaseOrder”shallmeanBuyer’sdocumentsettingouttheProducts,PriceandanyfurtherdetailconcerningdeliverytoBuyer.1.7.“QualityProblem”shallmeananynegligenceofSellerthatcausesthedefectintheProducts,thelinestoppageinBuyer’smanufacturingprocess,claimsfromBuyer’sendcustomers.1.8.“Service”shallmeantheworkthatSellerperformsforBuyerasdescribedinthePurchaseOrder.1.9."Specifications"shallmeantheengineering,operationaland/orfunctionaldescriptions,detailsandrequirementsfortheProduct,assetforthinthePurchaseOrderasthesamemaybemodifiedasprovidedherein.ARTICLE2.PRODUCTS2.1.Sellershallprovidetheproductorservice(“Product”)toBuyerasspecifiedintherelevantPurchaseOrderassetforthinAppendixA.attachedheretoandmadeaparthereof.2.2.Priortothestartofactualtransaction,BuyerandSelleragreetodiscussandreachanagreementonthenameoftheProducts,partsnumber,specifications,unitprice,deliveryleadtime,orderplanning,minimumorderquantity,minimumdeliveryquantity,placeofdelivery,etc.inaccordancewiththePurchaseOrder.2.3.ThetermsandconditionsofthePurchaseOrdershallcontroltotheextentofanyconflictbetweenthetermsandconditionshereinandthoseinthePurchaseOrder.ARTICLE3.QUALITYASSURANCE3.1.EngineeringorProcessChanges3.1.1.Sellershallnotchangeitsproductionconditionsduringthefirstsix(6)monthsafterissuanceofthePurchaseOrder.

Ifthereisaspecialreasonforchanging,SellershallindicatetoandobtainapprovalfromBuyerregardingthemajorchangewhichmayincludeallprocesschanges,sourcingchanges,designchanges,componentsteppingchanges,geographicalrelocationofmanufacturingsite,drawingchangesorprocessstepdiscontinuancethataffecttheagreedspecifications,themechanicalformorfit,thepackaging,theenvironmentalcompatibility,thelife,thereliabilityorthequalityofProducts.3.1.2.WhenSellerhasmadeanychangeswithoutpriorapprovalfromBuyeranditcausesanyfailureinBuyer’sproductionormarketingprocess,Buyershallbeentitledtoclaimreimbursement,replacementorscreeningtoSeller.ThespecificamountofcompensationshallbedeterminedbymutualnegotiationbetweenBuyerandSeller.3.2.ManufacturingProcessControl3.2.1.SellershallperformananalysisonallfailuresthatoccurredduringthemanufacturingprocessfortheProductssuppliedtoBuyerandimplementthenecessarycorrectiveaction.

Sellershalldocumentthedate,month,line,andproductsusedduringthecorrectiveactivity.3.2.2

.SellershallprovidetoBuyerarootcauseandcorrespondingcorrectiveactionplanforeachfailurereportedbyBuyerorcustomerswithinseven(7)daysafterSellerreceivedthefailurereport3.3.ReliabilityTest3.3.1.SellershallperformaperiodicreliabilitytestontheproductionoftheProductaccordingtotheBuyer’spre-approvedtestplanbyusingqualifiedemployeesandtestingequipments.

SellershallsubmittheresulttoBuyerforreview.3.3.2.IncaseSellerisunabletoimplementthereliabilitytestbyitself,SellermayengageBuyer’sfacilityoranyotherauthorizedthirdpartyorganizationstoperformthetest.3.4.LiabilityforQualityProblems3.4.1.SellershallbearallresponsibilitiesforanyqualityproblemsoccurringtoBuyer’smanufacturingandmarketingprocessthatiscontributabletotheProductandSeller’snegligenceandshallcompensateorreimburseBuyerforthecorrespondingloss3.4.2.Thereimbursement,ifany,shallbecalculatedonamonthly/quarterlybasisandSellershallpaytheamounttoBuyerwithinten(10)daysfromtheendoftherespectivemonth/quarter.3.5.Supply&

CompensationforServiceParts3.5.1.SellershallsupplyalltheservicepartsrequiredforrepairingtheProductsduringtheobligationperiodstipulatedbytheKoreanlaw.

Forinstance,undertheKoreanlaw,theobligationperiodforcosmeticpartsisfive(5)yearsandforelectricpartsisseven(7)yearsfromthedeliveryoftheProduct.

TheobligationperiodforotherservicepartsshallbedeterminedbyamutualagreementbetweentheParties.3.5.2.SellershallcompensateanylosssustainedbyBuyerduetodelayinorunavailabilityofthesupplyofserviceparts.ARTICLE4.PURCHASEPRICE4.1.ThepriceoftheProductsshallbeagreeduponbetweenthePartiesheretoandsetforthinthePurchaseOrderunderAppendix(

).4.2.AfterthepriceoftheProductsisdeterminedbytheparties,intheeventthatthereoccursanydrasticchangeintheeconomicconditionssuchaseithersuddenriseorfallingofproductpriceinfairmarket,BuyerandSelleragreetomakeagoodfaithdiscussionontherevisionofthepriceoftheProducts.ARTICLE5.DELIVERY5.1.TheSellershalldelivertheProductinaccordancewiththeDeliveryscheduleinthePurchaseOrder.IntheeventthataforesaidDeliveryscheduleischanged,theSellershallimmediatelynotifythechangedscheduletotheBuyer.TheSellershallnotchangetheDeliverydatewithoutawrittenconsentbytheBuyer.5.2.TheSellershallgiveaconfirmationtotheBuyeroftheDeliveryschedulewithin(3)daysuponreceivingPurchaseOrderfromBuyer.5.3.AlltheProductshallbedeliveredbythemethodandprocedureandtotheplacedesignatedunderthePurchaseOrdernotlaterthantheDeliverydate.5.4.TheSellershallguaranteeacontinuoussupplyoftheProductmanufacturedbytheSellerduringthetermofthisAgreementstipulatedunderSection13.1hereto.ARTICLE6.INCOMINGINSPECTION6.1.SellershallcarryouttheinspectionoftheProductsinaccordancewiththeruleandprocedurewhichshallbeagreeduponbytheparties.SellershallpasstoBuyerthestandardinspectionreportuponeveryDeliveryofProducts.

UponDelivery,BuyershallinspectthequantityoftheshipmentoftheProductsandnotifySellerofanyshortageinthequantityoftheProductswithinthirty(30)workingdaysafterthedateofarrivaloftheshipmentattheportofthedestination.6.2.Inadditiontotheinitialinspection,Buyer,withthereasonableassistanceofSeller,willcarryouttheIncomingInspectionontheProductstosatisfyitselfthattheProductsarecompliancewiththeacceptancecriteriapertainingtothem.

Buyershall,assoonasreasonablypracticablefollowingthedeliveryofsame:(i)accepttheProductandsoinformSellerinwriting;or(ii)iftheProductcontainsmaterialDefects,rejecttheProductandprovideSellerwithawrittenstatementofsuchmaterialDefects.6.3.Seller,atitsexpense,willpromptlycorrectthematerialDefectssetforthinthestatementofmaterialDefectswithrespecttoanyProductsandredelivertheProducttoBuyerwithinsuchreasonableperiodoftimeasmaybeagreeduponbyBuyerwithregardtoallcircumstancesaffectingtheProduct.

Buyershall,assoonasreasonablypracticableaftersuchredelivery,acceptorrejecttheredeliveryinaccordancewiththeproceduresetforthinSection6.2,whichprocedureshallberepeateduntiltheProductsareacceptedorBuyerinvokestheprovisionsofSection6.4hereof6.4.ShouldanyProductfailtobeacceptedafterthefinalDeliveryofthatProductpursuanttoSection6.2thenthepartiesshallpromptlymeettoresolvetheproblem.

AnysubsequentrejectionofthesameProductshallbedeemedabreachofthisAgreementbySeller,andBuyer,atitsoption,mayelecttoterminatethisAgreementpursuanttoSection13.2hereof,ormayelecttoacceptfurtherresubmissionoftheapplicableProduct.ARTICLE7.PAYMENT7.1.SellershallinvoiceBuyerforthepriceoftheProductsprovidedtoBuyer(assetoutinthePurchaseOrder)andanyrelatedadditionalchargesaftertheAcceptanceandBuyershallpaySellertheinvoicedsumaccordingtothepaymenttermstatedonthePurchaseOrdertoSeller7.2.WithrespecttoanyandallpaymentstobemadebyBuyerunderthisAgreement,ifanyKoreanTaxAuthorityrequestsBuyertowithholdincometaxesfromsuchpaymentandSellerisobligatedtopaysuchincometax,Buyershallwithholdsuchincometaxfromsuchpayment;providedthatBuyeragreestoprovideSellerwithanofficialreceiptissuedbytheKoreanTaxAuthorityandestablishingsuchincometaxisdulywithheldbyBuyeronbehalfofSeller.ARTICLE8.WARRANTY8.1.Sellermakesthefollowingongoingrepresentationsandwarranties:(i)ithastherighttoenterintothisAgreementanditsperformanceofthisAgreementwillnotviolatethetermsofanycontract,obligation,law,regulationorordinancetowhichitisorbecomessubject;(ii)noclaim,lien,oractionexistsoristhreatenedagainstSellerthatwouldinterferewithBuyer’suseorsaleoftheProducts;(iii)Productsarefreefromdefectsindesign(exceptforwrittendesignsprovidedbyBuyerunlesssuchdesignsarebasedentirelyonSeller’sspecifications),materialandworkmanshipandwillconformtothewarranties,specificationsandrequirementsinthisAgreementforthetimeperiodfromthedateofdeliveryasspecifiedintherelevantPurchaseOrder;(iv)Productsaresafeforanyuseconsistentwithandwillcomplywiththewarranties,specificationsandrequirementsinthisAgreement;(v)Productsarenewanddonotcontainusedorreconditionedparts;(vi)Productsdonotinfringeanyintellectualpropertyrightofathirdparty;and(vii)allauthorshaveagreednottoasserttheirmoralrights(personalrightsassociatedwithauthorshipofaworkunderapplicablelaw)intheProducts,totheextentpermittedbylaw.8.2.For(3

)yearsaftertheDelivery,ifProductsdonotcomplywiththewarrantiesinthisAgreement,SellerwillrepairorreplaceProducts,orcreditorrefundthePriceofProducts,suchremedyatBuyer’sdiscretion.

IfSellerfailstorepairorreplaceProductsinatimelymanner,BuyermaydosoandSellerwillreimburseBuyerforactualandreasonableexpenses.

BuyermayreturnProductswhichdonotconformtothewarrantiesinthisAgreementfromanyBuyerlocationtothenearestauthorizedSellerlocationatcostofSellerandSellerwill,atcostofSeller,returnanyrepairedorreplacedProductinatimelymanner.8.3.Sellerwill,atBuyer’sdiscretion,repairorreplace,orcreditorrefundProductswhichhavethesameorsimilardefectatarateasspecifiedheretofore("EpidemicDefectRate"),orwhereasafetydefectisfound.

Supplierwillcommencesuchperformancewithinfive(5)calendardaysofBuyer’snoticetoSupplierofanEpidemicDefectRate.

SupplierwillreimburseBuyerforallactualandreasonableexpensesincurredbyBuyerforsuchrepairandreplacementofProducts,includingexpensesassociatedwithproblemdiagnosis,fieldandfinishedgoodsinventoryrepairorreplacement.8.4.Supplieralsoherebywarrantsandrepresents(i)Suppliercomplieswithallrelevantinternationalregulationsconcerningthesubstanceswithenvironmentalimpacts;(ii)SuppliercomplieswiththeBuyer’sStandardsforControlofSubstanceswithEnvironmentalImpactswithinProductsincontrollingenvironmentallyhazardoussubstances;(iii)thedocumentsanddatasheetsonthesubstanceswithenvironmentalimpactscontainedinSupplier’sProductsincluding,withoutlimitation,products,parts,components,rawmaterialsandpackagingmaterials,areaccurateandtruthful.Supplieragreestodefend,holdharmless,andindemnifyBuyerfromanyclaimarisingoutoforrelatedtoSupplier’sfailuretocomplywiththeabovewarrantiesandrepresentationsincluding,withoutlimitation,allcounselfeesandlegalcosts,judgments,orders,awards,and/oranydamagesarisingoutofand/orrelatedtoanysuchclaimorclaims.ARTICLE9.PRODUCTLIABILITY9.1.Selleragreestodefend,indemnifyandholdBuyerharmlessagainstanyliability,loss,expense,damageorcostarisingoutofpersonalinjuryordeathorpropertydamageallegedtohavebeencausedbyanydefectintheProductsorpartthereof,provided,however,thattheforegoingindemnityshallbevoidedandshallnotbeappliedinanyinstanceswhere(i)Buyerfailstocarryoutproperhandling,operating,installation,testing,serviceandcheckoutoftheProductsand/ortofollowSeller′sreasonableinstructionsoradvicewithrespecttoanyofthesematters,(ii)BuyerutilizesanyattachmentsorinterfacedevicesormakesanymodificationstotheProductswhicharenotapprovedinwritingbySeller,(iii)BuyerincorporatesanypartsnotsuppliedbySellerintotheProductsand/orcombinesanyequipmentnotsuppliedbySellerwithProducts,(iv)theallegeddefectarisesoutofSeller′scompliancewithanywrittenrequest,instruction,designchange,drawingorspecification(includingbutnotlimitedtoinstructionmanual,installationmanual,servicemanualandwarrantycardpreparedbyBuyer)specificallyfurnishedorimposedbyBuyeruponSeller,or(v)suchliability,loss,expense,damageorcostisfoundtoarisefromtheactbyBuyer.Buyeragreestodefend,indemnifyandholdSellerharmlessagainstanyliability,loss,expense,damageorcostarisingoutofpersonalinjuryordeathorpropertydamageallegedorfoundtohavebeencausedbyanyoftheinstances(i),(ii),(iii),(iv)and/or(v)specifiedintheabove.ARTICLE10.INTELLECTUALPROPERTYRIGHT10.1.SelleracknowledgesthatBuyerhasaproprietaryinterestinBuyer′strademarkandthatnoright,interest,ownershiporprivilegeofuseofsuchtrademarkisaccordedtoSellerbyreasonoftherelationshiphereinestablished;provided,however,thatBuyerherebyauthorizesandgrantsSellertherightandlicensetouseBuyer’strademarkontheProductstobedeliveredtoBuyerpursuanttothisAgreement.10.2.IftheProductsincludeanySeller’sintellectualpropertyrights,SellerherebygrantstoBuyer,underSeller’sintellectualpropertyrightsinsuchProducts,anexclusive,perpetual,irrevocable,royalty-free,worldwide,fullypaid-uplicensetouse,import,reproduce,offerforsaleanddistributetheProductsduringthetermsoftheAgreement.ARTICLE11.

INDEMNIFICATION11.1.Selleragreesthatitshallindemnifyandholdbuyerharmlessfromandagainstallclaims,losses,liabilitiesandexpenses(includingreasonableattorney’sfees)associatedwithorbaseduponthirdpartyclaimsthatariseoutof

(i)anyfailurebysellertocomplywithanyofthetermsofthisagreement;or(ii)thefurnishingbysellerofanysellerproductsorservices;or(iii)anyrepresentationsorwarrantiesmadebyseller;or(iv)anyinfringementoftheintellectualproprietaryrights,excludingpatents,

ofanythirdpartyarisingfromanymaterialprovidedbysellerotherthaninfringementarisingfromanymaterialorserviceprovidedbybuyerhereunder,orthatistheresultofmodifications,alterationsorenhancementsofthematerialsprovidedbysellerthataremadebybuyerorbyathirdpartyatbuyer’sdirection,or(v)infringementofanypatentorpatentapplicationknowntosellerasoftheeffectivedateofthisagreementarisingfromanymaterialprovidedbysellerotherthanthosearisingfromanymaterialorserviceprovidedbybuyerhereunder,orthatistheresultofmodifications,alterationsorenhancementsofthematerialsprovidedbysellerthataremadebybuyerorbyathirdpartyatbuyer’sdirection.11.2.SellershallassumethedefenseofanyactionorsuitbasedonanysuchclaimofinfringementbroughtagainstBuyerspecificallyrelatingtotheProducts,bycounselretainedbySellerandshallpayanydamagesassessedagainstorotherwisepayabletoBuyerasaresultofthefinaldispositionofanysuchactionorsuit,providedthatBuyershallpromptlynotifySellerofthecommencementofanysuchactionorsuit,orthreatthereof,andfurnishtoSelleralldocumentsrelatingthereto,andfurtherprovidedthatSellerisaffordedtheopportunity,initssoleandabsolutediscretion,todeterminethemannerinwhichsuchactionorsuitshallbehandledorotherwisedisposedof.11.3.Intheadversejudgment,SellershalluseitsbesteffortstoobtainalicenseforProductsforBuyerortoprovideProductswhichdonotinfringesuchintellectualpropertyright,withcooperationfromBuyer.BuyershallgiveSellerthecooperationitreasonablyrequires,atSeller’sexpenseforout-of-pocketexpensesincurredbyBuyerandpaidtothirdparties,inconnectionwithanysuchactionorsuit.ARTICLE12.CONFIDENTIALITY12.1.Anyconfidentialinformationshallbedisclosedbythedisclosingpartytothereceivingpartyintangibleformconspicuouslylabeledbythedisclosingpartyas“Confidential”or“Proprietary”.Iftheconfidentialinformationisdisclosedorallyorthroughdemonstration,itshallbespecificallydesignatedasconfidentialinformationatthetimeofthedisclosureandconfirmedinwritingtobereceivedbythereceivingpartywithinthirty(30)daysaftertheoraldisclosureordemonstration.12.2.Thereceivingpartyagreestokeeptheconfidentialinformationdisclosedtoitbythedisclosingpartystrictlyconfidentialandwillnot,withoutthepriorwrittenconsentoftheotherparty,disclose,inwholeorinpart,andwillnotuse,directlyorindirectly,foranypurposeotherthanperformingobligationsunderthisAgreement.12.3.Thereceivingpartyshallusethesamedegreeofcareinkeepingtheconfidentialinformationconfidentialasitusesforitsownconfidentialinformationofasimilarnature.12.4.TheobligationunderthisArticleshallnotextendtotheconfidentialinformationthat;(a)wasinthepublicdomainatthetimeitwasdisclosedorbecomesapartofthepublicdomainthroughnofaultofthereceivingparty,(b)wasknowntothereceivingpartyatthetimeofitsdisclosureorbecomesknowntothereceivingpartywithoutbreachofthisconfidentialobligation,(c)isindependentlydevelopedbythereceivingparty,(d)isdisclosedbythedisclosingpartytoathirdpartywithoutrestrictionsonsuchthirdparty′srightstodiscloseorusethesame,(e)isapprovedforreleaseuponthedisclosingparty′spriorwrittenconsent,(f)isdisclosedpursuanttojudicialorder,requirementofagovernmentalagencyorbyoperationoflaw,or(g)isdisclosedbythedisclosingpartytothereceivingpartyafterthenotificationbythereceivingpartytothedisclosingpartythatitwillnotacceptanyfurtherconfidentialinformationinconfidence.12.5.Theconfidentialobligationshallbeineffectduringthetermshereofandforthree(3)yearsthereafter,andafterthelapseofsuchperiodalloftheconfidentialobligationsshallceaseandthereceivingpartyshallnotbeunderanyobligationwhatsoevertokeeptheconfidentialinformationconfidential.12.6.Nolicense,expressorimplied,intheconfidentialinformationisgrantedtothereceivingpartyotherthantousetheconfidentialinformationinthemannerandtotheextentauthorizedbythisAgreement.ARTICLE13.TERMANDTERMINATION13.1.ThisAgreementshallcomeintoeffecton**andremaineffectiveuntil***andshallautomaticallyrenewforsuccessiveone(1)yeartermsunlessterminatedearlierbyeitherpartyinwritingthree(3)monthspriortotheexpirydateoftheoriginaltermoranyofitsanniversarydate.13.2.ThisAgreement(andanyPurchaseOrderhereunder)maybeterminatedbyeitherpartyuponwrittennoticetotheother(i)intheeventofabreachbytheotherpartyofanytermsorconditionsofthisAgreementand/oranyPurchaseOrderhereunderandthefailuretocuresuchbreachwithinsixty(60)daysafterthemailingofwrittennoticethereof,or(ii)atanytimeuponorafterthefilingbytheotherpartyofapetitioninbankruptcyorinsolvency,oruponoraafteranyadjudicationthattheotherpartyisinsolvent,oruponorafterthefilingbytheotherpartyofanypetitionoranswerseekingreorganization,readjustmentorarrangementofthebusinessoftheotherpartyunderanylawrelatingtobankruptcyorinsolvency,oruponoraftertheappointmentofareceiverofallorsubstantiallyallofthepropertyoftheotherparty,oruponorafterthemakingbytheotherpartyofanyassignmentorattemptedassignmentforthebenefitofcreditors,oruponoraftertheinstitutionofanyproceedingsfortheliquidationorwindingupoftheotherparty’sbusinessorfortheterminationofitscorporatecharter13.3.Exceptasotherwiseprovidedherein,theterminationorexpirationofthisAgreementshallnotaffectorimpairtherightsandobligationsofeitherpartyunderanypurchaseorderregardingtheProductsinexistencepriortosuchterminationorexpiration,norrelieveanypartyofanyobligationorliabilityaccruedhereunderpriortosuchterminationorexpirationoraffectorimpairtherightsofeitherpartyarisingunderthisAgreementpriortosuchterminationorexpiration.ARTICLE14.FORCEMAJEURE14.1.Non-performanceofeitherpartywillbeexcusedtotheextentthatperformanceisrenderedimpossiblebyfire,flood,earthquake,governmentactsorordersorrestrictions,failureofsupplier,oranyotherreasonwherefailuretoperformisbeyondthereasonablecontrolofandnotcausedbythegrossnegligenceorwillfulmisconductofthenon-performingparty.14.2.Iftheperformanceofeitherpartyisdelayedduetoanyoftheabovecausesorevents,thetimeforperformancebysuchpartyshallbeextendedbytheperiodofanysuchdelay.ARTICLE15.GENERALTERMSANDCONDITIONS15.1.NoAssignmentNeitherthisAgreement,noranyoftheobligationsorliabilitiesofSellerhereunder,maybeassigned,transferredorconveyedbySeller,byoperationoflaworotherwise,exceptuponthepriorwrittenconsentofBuyer.

NeitherthisAgreementnoranyobligationsofSellerhereundershallinuretothebenefitofanytrusteeinbankruptcy,receiver,creditor,trusteeof,orsuccessorto,thebusinessorpropertyofSeller,whetherbyoperationoflaworotherwise,ortoapurchaser,transferee,assigneeof,orsuccessorto,all,oranypart,ofthecapitalstock,ifany,thebusiness,ortheassetsofSeller.

IntheeventofanassignmentoftheAgreementconsentedtoasprovidedhereunder,SellershallremainobligatedandliabletoBuyerforthefullandcompleteperformanceofthisAgreementbytheassignee.15.2.Non-waiverNowaiverofanyprovision,defaultorbreachofthisAgreementbyanyofthepartiesheretoshallconstituteacontinuingwaiverorawaiverofanysubsequentbreachordefault,whetherornotsimilar,unlessexpresslystatedinwritingsignedbythewaivingparty.15.3.SeverabilityTheinvalidityorunenforceabilityofanyprovisionofthisAgreementpursuanttoanyapplicablelawshallnotaffectthevalidityorenforceabilityoftheremainingprovisionshereof,butthisAgreementshallbeconstruedasifnotcontainingtheprovisionheldinvalidorunenforceableinthejurisdictioninwhichsoheld,unless,inthereasonableopinionofeitherpartyhereto,suchinvalidorunenforceableprovisionscompriseanintegralpartof,orareotherwiseinseparablefromtheremainderof,thisAgreement,inwhichcasethisAgreement,insuchjurisdiction,shallimmediatelyterminateandbeofnofurtherforceandeffect.15.4.HeadingsThearticleheadingsusedhereindonotformapartofthisAgreement,butareforconvenienceonlyandshallnotlimitorbedeemedorconstruedinanywaytoaffectorlimitthemeaningofthelanguageoftheparagraphshereincontained.15.5.Notices:Allnotices,requests,demands,waiversandothercommunicationsrequiredorpermittedtobegivenundertheAgreementshallbeinwritingandshallbedeemedtohavebeendulygivenifdeliveredpersonally,viaovernightcourier,byconfirmedfacsimiletransmissionormailed,certifiedorregisteredmail,postageprepaid,returnreceiptrequested.

Suchnoticewillbedeemedtohavebeengivenasofthedateitwasdelivered,orthree(3)daysafteritwasmailedorsent,w