By CPC. CPC hereby represents and warrants that it has not and will not take any action that will render CytoDyn liable for any violation of US or foreign laws, including without limitation the FCPA, which prohibits the offering, giving or promising to offer or give, directly or indirectly, money or anything of value to any official of a government, political party or instrumentality thereof in order to assist CytoDyn in obtaining or retaining business. If CPC makes any payment or takes any action that CytoDyn reasonably believes would violate any such US or foreign laws, CytoDyn may terminate this Agreement immediately.
By CPC. This Contract may be terminated by CPC at any ------ time on 30 days written notice to Employee, for any of the following reasons:
By CPC. CPC hereby irrevocably and unconditionally guarantees to Seller the due and prompt performance by THC of all of its obligations and duties under this Agreement. CPC waives any requirement that Seller institute any action or proceeding at law or in equity against THC or against any other party as a condition precedent to bringing any action against CPC under this Guaranty. CPC agrees that it shall not be released from its obligations of Guaranty by reason of any amendment or alteration of the terms and conditions of this Agreement or by any delay or waiver by Seller in enforcing the terms of this Agreement or by virtue of any other defense which may be available to it as a guarantor.
