definiens: ) . At the end of the Initial Term and each subsequent ( as hereinafter defined ), the Term of this Agreement shall be automatically renewed and extended for a one ( 1 ) year period ( a ), unless eith er party delivers a written termination notice to the other party at least six ( 6 ) months prior to the end of the Initial Term or the then current Renewal Term, as the case may be . The Initial Term and any Renewal Terms shall be referred to herein collecti vely as the 8.2 TERMINATION . Either party may terminate this Agreement on written notice to the other party, effective immediately if : ( a ) the other party commits a material breach of any of its obligations hereunder which is not cured within sixty ( 60 ) days of written notice from the other party specifying the breach ; ( b ) the other party is dissolved or liquidated, files or has filed against it a petition under any bankruptcy or insolvency law, makes an assignment for the benefit of its creditors, has a receiver appointed for all or substantially all of its property, or has a petition under any bankruptcy or insolvency law filed against it which is not dismissed within sixty ( 60 ) days ; or ( c ) the Qualification Date has not occurred within two ( 2 ) years after the Effective Date ( d ) product withdrawal by [COMPANY], FDA or DEA 8 < PAGE > Such right of termination shall be in addition to any other remedy a non - defaulting party may have at law or in equity due to the other party 's breach of is obligations hereunder