Mike Lindell Media Corp (MLMC)

[1monk]

Circuit City for another year....

http://www.circuitcity.com/ccd/genericContent.do?oid=117127&c=1


4. TERM AND TERMINATION.
4.1 Term. The term of this Agreement shall run from the Effective Date
for a period of one (1) year (the "Initial Term"), unless otherwise
terminated in accordance with
Section 3.2 (Termination) below. After the Initial Term, this Agreement
will automatically renew for additional one
(1) year terms (each a "Renewal Term") unless otherwise terminated in
accordance with Section 3.2 (Termination). The Initial Term and any
Renewal Term(s) are collectively referred to herein as the "Term."
4.2 Termination.
4.2.1 During the Term, either Party may terminate this Agreement (a)
immediately upon written notice to the other Party if the other Party
files a petition for bankruptcy or insolvency or has such a petition filed
against it that is not dismissed within thirty (30) days, makes a
general assignment for the benefit of creditors, becomes generally unable to
pay its debts as they become due, suffers or permits the appointment of
a receiver, trustee, or custodian for its business or any substantial
part of its assets, or becomes subject to any proceeding under any
statute of any governing authority relating to insolvency or the protection
of rights of creditors, and is thereby rendered substantially unable to
perform its material obligations hereunder; or (b) in the event the
other Party is in material breach, or otherwise is materially in default
of any other term, condition or provision of this Agreement, and such
breach or default continues for fifteen (15) days after the non-
breaching Party gives notice to the breaching Party thereof, then, in addition
to all other rights and remedies provided hereunder or at law or
equity, the non-breaching party shall have the right to terminate this
Agreement in whole or in part without any liability to the breaching Party
whatsoever, other than monies not otherwise in dispute and owed to the
breaching Party for services rendered during and under the Term of this
Agreement.
4.2.2 Either party may terminate this Agreement with or without cause
without liability or obligation upon not less than sixty (60) days
notice to the other party.