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result in an excise tax, penalty, or claims liability, all obligation. of the non - <br />defaulting party shall.cease. No term of this Agreement can be read to e, tend the <br />term of this Agreement beyond the day that a Pary discove s such non- <br />compliance. At the non -defaulting party's discretion, this Agreemeni can be <br />continued upon satisfaction that the non-compliance has been rec ifiec and the <br />effected persons made financially whole bythe non-compliant defa dting Party. <br />C. TASC shall have no additional duties under this Agreement ref ed to a Plan <br />Sponsor who institutes proceeditigs under Chapter 7 of the Bankntcyll,Code, or <br />makes An appointment of a trustee or receiver for the disposition of thein assets or <br />properties, or an assignment of assets for the benefit of creditors, o an�dmission <br />of its inability toy pay Its debts as they become due. TASC wi H c+tinue to <br />administer services for such a Plan Sponsor through the earlier oftlu dat4n which <br />the Plan Sponsors;Tlans terminate entirely, the date the Plan Spon r is no longer <br />able to continue their business, or the last period that TASC hid for its <br />services. <br />D. For all other incidents of default, the non -defaulting party may, ad itsption and <br />by written notice to the other party, terminate this Agreement if the lefallt remains <br />uncured for thirty (30) days after the non -defaulting patty provide wriIten notice <br />to the defaulting patty of such default. If such default remai i un ured, the <br />tennination is effective as explained below. Any terminations all e without <br />prejudice to any other rights and remedies, which the non-defau tinglparty may <br />have against the defaulting party with respect to such default TA C's Tbligations <br />i <br />are subject to the Plan Sponsors timely performance of its bli¢ations and <br />7 <br />25E-33 <br />I <br />