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This excerpt taken from the IFLG 8-K filed Mar 6, 2009. 9.3 Termination by Futura. In the event Futura terminates this Agreement
pursuant to Section 9.2 , Client shall (i) pay Futura a termination
fee (which shall not be considered compensation under this Agreement) equal to
$750,000 payable within thirty (30) days of written notice of termination by
Futura (the “Termination
Fee”) and (ii) shall sublease (the “Sublease”) up to
10,000 square feet at Futura’s option, commencing thirty (30) days of notice of
termination by Futura at Futura’s option of Futura’s lease for the facility
located at 515 Pennsylvania Avenue, Fort Washington, PA, as set forth on Exhibit 2
hereto, for the duration of such lease, a
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This excerpt taken from the IFLG 8-K filed Dec 5, 2006. 9.3 Termination
by Futura. In the event Futura
terminates this Agreement pursuant to Section 9.2, Client shall (i) pay Futura
a termination fee (which shall not be considered compensation under this
Agreement) equal to $700,000 payable within thirty (30) days of written notice
of termination by Futura (the “Termination Fee”)
and (ii) shall sublease (the “Sublease”)
up to 10,000 square feet at Futura’s option, commencing thirty (30) days of
notice of termination by Futura at Futura’s option of Futura’s lease for the
facility located at 515 Pennsylvania Avenue, Fort Washington, PA, as set forth
on Exhibit D hereto, for the duration of such lease, a copy of which is
attached to Exhibit D, and shall have full rights of use of such space
for Client’s business activities, subject to the terms and conditions of such
lease.
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