a) Termination / Cancellation for Breach.

The Sub Merchant or the client or the Client may terminate this Agreement with prior written notice to the Aride Ocean Infoway (P) Ltd of at least 15 days or forthwith by the Aride Ocean Infoway (P) Ltd if the Sub Merchant or the client or the Client commits any breach of the terms of this Agreement.

b) Termination in Case of Violation of Law.

In addition to any other termination rights granted by this Agreement, the Aride Ocean Infoway (P) Ltd may terminate this Agreement immediately without liability upon verbal or written notice if (i) the Aride Ocean Infoway (P) Ltd or the Facility Providers or the Acquiring Banks is notified or otherwise determines in good faith that the Sub Merchant or the client or the Client or is using the Aride Ocean Infoway (P) Ltd services and facilities in furtherance of any activity which violates any law, rule, or regulation or (ii) the Aride Ocean Infoway (P) Ltd, the Acquiring Banks or the Facility Providers or any of their directors, officers, stockholders, employees or agents are made the subject of a criminal or civil action or investigation or are threatened by such action as a consequence of use of the Facility or services by the Sub Merchant or the client or the Client. (iii) if the Card Associations, Acquiring banks de-registers the Sub Merchant or the client or if the Sub Merchant or the client or the Client ceases to be member of Card Associations, Acquiring banks.

c) Termination by notice

In addition to any other termination rights granted under this Agreement, either Party may terminate this Agreement on 15-days written notice to the other.

d) Termination for non use

The Aride Ocean Infoway (P) Ltd may terminate this Agreement without any notice, if the Sub Merchant or the client or the Client fails or neglects to use the facilities and services of the Aride Ocean Infoway (P) Ltd and the acquiring Banks for a continuous period of 180 days.

e) Withholding of charge on termination

In the event that either of the Parties serve a notice of termination of this Agreement on the other party, the Aride Ocean Infoway (P) Ltd shall be entitled to withhold for a period of 180 days from the date of such notice, 40 % of amounts payable to the Sub Merchant or the client or the Client in terms of Clause 3 of this Agreement in respect of each Customer Charge arising after the date of such notice. In the event that the Aride Ocean Infoway (P) Ltd terminates this Agreement as a result of breach of any of the terms of this Agreement by the Sub Merchant or the client or the Client, the Aride Ocean Infoway (P) Ltd shall be entitled to withhold for a period of 180 days from the date of such breach 100 % of amounts payable to the Sub Merchant or the client or the Client in terms of Clause 3 of this Agreement in respect of each Customer Charge arising after the date of such breach.

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