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• <br /> • <br /> • <br /> If the LICENSOR falls to pay any fee or charge on its due date,then the Escrow Agent may,after giving the <br /> Licensee and Licensor thirty(30)days prior written notice to make such payment,terminate this agreement <br /> and either destroy or return the escrow materials in Its possession at the Escrow Agent's option. The <br /> remedies above do not exclude any other remedies that are otherwise available to the Escrow Agent. This <br /> notice shall be sent to the Contact and Address provided on the most recently dated Schedule 0 forms <br /> received by the Escrow Agent,and shall be conclusively deemed as having been received upon being sent. <br /> 13. INSPECTION <br /> For the purpose of ensuring that any sealedcontalner delivered to and held by the Escrow Agent under this <br /> agreement remains in a sealed state,either the Licensor or the Licensee may at any time demand to Inspect <br /> • such container at the offices of the Escrow Agent,and the Escrow Agent shall produce such container on a <br /> timely basis for inspection. <br /> 14. NOTICES <br /> Any notice required to be given in writing under this agreement shall be conclusively deemed to have been <br /> given and received when made at the sender's option by fax, email, first class post,courier or prepaid <br /> certified or registered post,return receipt requested,to the respective,fax numbers,email addresses or <br /> street addresses appearing in this agreement and its Schedules or to such other fax numbers,email address <br /> or street addresses as the Parties may from time to time direct In accordance with Schedule D, <br /> 1S. ANNUAL NOTIFICATION TO LICENSEE <br /> The Escrow Agent shall deliver an activity report in writing to the Licensee no less often than once each <br /> year,describing the escrow deposits if any that were made during the preceding year and levy a notification <br /> fee as set out In Section 11(d). <br /> 16. TITLE AND COPYRIGHT <br /> (a) Neither the Licensee nor the Escrow Agent shall acquire any rights of ownership in the Software <br /> by virtue hereof,however the Licensor hereby grants to the Escrow Agent title to the physical <br /> media on which the software is resident with the reservation that the Escrow Agent shall not make, <br /> cause or permit any use of such media except for the purposes of carrying out the terms of this <br /> agreement. <br /> (b) Upon a release of Software pursuant to this agreement the Licensee shall have the right to make <br /> copies of the Software for the purpose of program execution,back up,support,maintenance and • <br /> development all restricted to the Licensee's internal use of the Software as permitted in its <br /> program license agreement. Release of the Software to the Licensee does not relieve it of its <br /> obligation to pay license fees if any under the program license agreement or to expand the scope <br /> of use. <br /> 17. LOSS,DAMAGE OR DESTRUCTION <br /> If the escrow materials are lost,damaged or destroyed without fault by the Escrow Agent or for reasons <br /> beyond the control of the Escrow Agent, such as acts of God,war, insurrection or terrorism,then the <br /> P,i,5dt3 <br /> TN C4PicigMS 1974.2914 LRCM-PARRY SOFTESCRO'N.tttC. <br /> SUR PS WatvrcCcpyg.INNii <br /> wASt:IEMY,t.155aaaxtlXy <br />