Default Liabilities. The parties agree and acknowledge that, if any party (the “Defaulting Party”) breaches substantially any of the provisions herein or fails substantially to perform or fails to perform on time any of the obligations hereunder, such breach or failure shall constitute a default under this Agreement (the “Default”). In such events, apart from enjoying other relevant rights provided by this Agreement, any of the other parties without default (the “Non-defaulting Party”) shall be entitled to require the Defaulting Party to rectify such Default or take remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within ten (10) days of receiving the written notice of the Non-defaulting Party thereof, then the Non-defaulting Parties have the rights to claim the Defaulting Party to indemnify the damages.

Default Liabilities. The partiesParties agree and acknowledge that,that if any partya Party (the “Defaulting Party”) breaches substantiallyviolates any of the provisions hereinprovision under this Agreement or fails substantiallyor delays to perform or fails to perform on time any of the obligations hereunder, such breach or failure shall constituteobligation under this Agreement, it constitutes a default under this Agreement (the(a “Default”). In such events, apart from enjoying other relevant rights provided by this Agreement, and any of the other parties without defaultnon-defaulting Parties (the “Non-defaulting Party”Parties”) shall be entitledhas the right to require the Defaulting Party to rectify such Defaultmake rectifications or takeadopt remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Defaultmake rectifications or takeadopt remedial measures within suchthe reasonable period or within ten (10) days of receivingafter the other Party issues a written notice of the Non-defaulting Party thereof, then the Non-defaulting Parties have the rights to claim the Defaulting Party requesting to indemnify the damages.make rectifications, then

Default Liabilities.Section # The partiesParties agree and acknowledgeconfirm that, if any partyParty (the “Defaulting Party”) breaches substantially violates any of the provisionsagreement herein or substantially fails substantially to perform or fails to perform on timedelays performance of any of the obligations hereunder, such breachviolation, failure or failuredelay shall constitute a default under this Agreement (the “Default”). In such events, apart from enjoying other relevant rights provided by this Agreement, any ofAgreement. The non-defaulting Party shall have the other parties without default (the “Non-defaulting Party”) shall be entitledright to requirerequest the Defaulting Party to rectify such Default or take remedial measuresactions within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measuresactions within such reasonable period or within ten (10)fifteen (15) days of receivingafter the written notice of the Non-non-defaulting Party thereof, then the Non-defaulting Parties have the rights to claimnotifies the Defaulting Party in writing requiring rectification, then the non-defaulting Party is entitled to indemnify the damages.decide at its own discretion to: