This agreement is made the 1st day of January 2004

12.4.All notices sent by IOP to a Licensee under this clause 12 will also be copied to the Subscriber or the appointed administrative agent.

13.Termination

Notwithstanding anything else contained herein, this Agreement may be terminated:

13.1.by either party immediately on giving notice in writing to the other if:

13.1.1.control of the other party is transferred to any person or persons other than the person or persons in control at the date of this Agreement; or

13.1.2.the other party commits any material or persistent breach of any term of this Agreement and in the case of a breach capable of being remedied fails within thirty days after the receipt of a request in writing from the other party to remedy the breach; or

13.1.3.the other party becomes insolvent or is wound up or otherwise ceases to operate or on the occurrence of any analogous event under the law of any relevant jurisdiction;