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2. Fees and Payment <br />2.1. Fees charged for the Software license ("License Fees") and for the Support and Maintenance ("SMA Fees") are set <br />out in Schedule B. All such fees are payable on a net 30 days basis without setoff or counterclaim, and without any <br />deduction or withholding. Al will notify you if there are any fees charged for new options applicable to the Software or if <br />there are fee increases. <br />2.2 All fees are exclusive of applicable federal, provincial, state or local, value added, sales, use, excise, tariffs and/or <br />similar tax or duty. If Al is required to pay or collect any such taxes or duties on any fees charged, then such taxes and <br />duties shall be billed to and paid by you. If you are tax-exempt, then you will provide us with legally -sufficient tax <br />exemption certificates for applicable taxing jurisdictions. <br />3. Consequences of breach <br />3.1 Al may terminate this Agreement and your license to use the Software if you breach the Agreement or use the <br />Software in a way that: (i) poses a security risk to Al or any third party, (ii) may adversely impact the Software, Al or a third <br />party's operations, (iii) may subject Al or any third party to liability, or (iv) may be fraudulent; or (v) breaches applicable <br />law or regulation. Al will give Customer written notice of such breach. If such breach is not corrected in 30 days Al may <br />terminate this Agreement. <br />4. Term Termunation <br />4.1. The term of this Agreement pertaining to the Software license commences on the Effective Date and is for the <br />length of time stated in Schedule B ("License Term"). If not stated in Schedule B the License Term will be for a perpetual <br />term. The term of this Agreement pertaining to Support and Maintenance commences on the Effective Date and is for <br />the length of time stated in Schedule B ("SMA Term"). If not stated in Schedule B the SMA Term will be for a one year <br />term and will renew for consecutive one year terms upon the mutual written consent of the parties, not less than thirty <br />(30) days prior to expiration of intent to not renew. <br />4.2 Additionally, this Agreement shall terminate in each of the following events: <br />a) Either party may terminate this Agreement if the other becomes insolvent or bankrupt or makes an assignment <br />for the benefit of creditors, or if a receiver or trustee in bankruptcy is appointed for the other, or if any <br />proceeding in bankruptcy, receivership, or liquidation is instituted against the other and is not dismissed within <br />30 days following commencement thereof. <br />b) Either party may terminate this Agreement for cause upon 30 days advance notice to the other if there is any <br />material default or breach of this Agreement by the other, unless the defaulting party has cured the material <br />default or breach within the 30 day notice period. <br />If this Agreement is terminated for cause by Customer, then Al shall refund Customer any fees payable for Support and <br />Maintenance ("SMA Fees") payable in advance of the effective date of termination. Upon termination for cause by Al, <br />Customer shall pay any unpaid fees covering the remainder of the SMA Term after the effective date of termination. In <br />no event shall any termination relieve Customer of the obligation to pay any fees payable to Al for the period prior to <br />the effective date of termination. <br />4.3. Any post -termination assistance additional to that described below is subject to mutual written agreement. <br />a) Generally. Upon any termination of this Agreement: <br />(i) all your rights under this Agreement immediately terminate; <br />(ii) you remain responsible for all fees you have incurred through the date of termination, including fees for <br />in -process tasks completed after the date of termination; <br />(iii) you will immediately return or, if instructed by us, destroy all Al Content in your possession. <br />5. Proprietar Ft% htand confidentiality <br />5.1 Ownership. <br />Aquatic Informatics Software License Agreement <br />