Rights and Duties Upon Termination. In the event of termination of this agreement both parties and the assignees named in Paragraph 3(g) shall have the rights and obligations set forth in Paragraphs 2 and 3 of this Agreement until such time as the last unit of the suspension technology licensed hereunder is sold by either AimRite Holdings directly, under any O.E.M. agreement or a sublicense. Payments to KENMAR for the services of consultants pursuant to Paragraph 3(h) shall be immediately due and payable. AimRite Holdings shall immediately return all confidential information to KENMAR. The provisions of Paragraph 4(h) shall also survive the termination of this agreement.
Appears in 4 contracts
Samples: Licensing and Consulting Agreement (Aimrite Holdings Corp), Licensing and Consulting Agreement (Aimrite Holdings Corp), Licensing and Consulting Agreement (Aimrite Holdings Corp)
