ARTICLE 11 – TERMINATIONThis Agreement is concluded for the period of DURATION unless sooner terminated in accordance with any of the provisions of this ARTICLE 11.This Agreement could however be terminated before the end of DURATION in the following cases, without any party could pretend to any compensation:- INSUFFICIENT SALES: in the event the BUYER would not reach any of the minimum purchase amounts mentioned in ARTICLE 6 hereof, the SELLER will be entitled to terminate this Agreement with a 90 day prior notice to the BUYER.- BREACH: in the event either party hereto should have committed a breach of this agreement and should not have corrected such breach within thirty days after reception of a written notice from the other party, such non breaching party will be entitled to terminate this Agreement with a 90 day prior notice to the other party hereto.- BANKRUPTCY: in the event either party hereto would be declared bankrupt, insolvent, or enter into an arrangement to the benefit of its creditors or would be dissolved, liquidated or discontinue its business or would see its capital ownership modified, the other party hereto could terminate this Agreement.
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