system: You are a contract-analysis assistant performing a span-extraction task. You are given an excerpt from a commercial contract and the name of a clause type to locate within it.

Return the exact text of the requested clause, copied verbatim from the excerpt — identical wording and punctuation, with no paraphrasing, summarising, explanation, or added commentary.

The excerpt is one window of a much longer contract and often will not contain the requested clause. If the requested clause does not appear in this excerpt, respond with exactly: Not found.

Output only the extracted clause text, or the exact string `Not found.` — nothing else.

user: Contract excerpt:
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protection of rights of creditors. Glamis' Right of TerminaHon 3.6 Glamis may, at its option, terminate this Agreement by written notice to Western Copper, effective immediately upon delivery of the notice, should Western Copper cease conducting business in the normal course, become insolvent, make a general assignment for the benefit of creditors, suffer or permit the appointment of a receiver for its business or assets or avail itself of, or become subject to, any proceedings under the Bankruptcy and Insolvency Act (Canada) or any other statute of any province or state relating to insolvency or the protection of rights of creditors. 1!62967.3 ~6- PART4 GENERAL PROVISIONS Time of Essence 4.1 Time is of the essence in the performance of all obligations under this Agreement. Notices (a) Any notice or other communication required or permitted to be delivered pursuant to this Agreement will be deemed to have been well and sufficiently given if in writing and delivered or transmitted by facsimile addressed as follows: (i) if to Glamis: Suite 310-5190 Neil Road Reno, Nevada 89502 Telecopier: (775) 827-5044 Attention: Charles A. Jeannes (ii) if to Western Copper: Suite 2050-1111 West Georgia Street Vancouver, B.C, V6E 4M3 Telecopier: (604) 669-2926 Attention: F. Dale Corman (b) Any such notice, direction or other instrument, whether delivered or transmitted by facsimile transmission, will be deemed to have been given at the time and on the date on which it was delivered to or received in the office of the addressee, as the case may be, if delivered or transmitted prior to 5:00 p.m. (Pacific time) on a Business Day or at 9:00 a.m. (Pacific time) on the next succeeding Business Day if delivered or transmitted subsequent to such time; (c) Either party hereto may change its address for service from time to time by notice given to the other party hereto in accordance with the foregoing; and (d) Any notice, direction or other instrument delivered under this Agreement will be signed by one or more duly authorized officers of the party delivering it. 4.2 The delivery of any notice, direction or other instrument, or a copy thereof, to a party hereunder will be deemed to constitute the representation and warranty of the party who has delivered it to the other party that such delivering party' is authorized to deliver such notice, direction or other instrument at such time under this Agreement (unless the receiving party has 1162967 } -7- actual knowledge lo the contrary) and the receiving party will not be required to make any inquiry to confirm such authority. Entire Agreement 4.3 The provisions in this Agreement constitute the entire agreement among the parties hereto with respect to the matters agreed to or expressly contemplated herein and supersede all previous expectations, understandings, communications, representations and agreements between the parties. Amendments 4.4 No alteration or amendment of this Agreement will lake effect unless the same is in writing duly executed by each of the parties in the same manner as this Agreement. Waiver 4.5 No waiver of any provision of this Agreement shall be binding on any of the parties hereto unless consented to in writing by such party. No waiver of any provision of this Agreement by either of the parties hereto shall constitute a waiver of any other provision, nor shall any waiver constitute a continuing waiver unless otherwise clearly provided. Further Assurances 4.6 Each party hereto covenants and agrees with each other party hereto that it will at all times hereafter execute and deliver, at the request of the other, all such further documents, deeds and instruments, and will do and perform all such acts as may be necessary to give full effect to the intent and meaning of this Agreement. Successors and Assigns 4.7 This Agreement will enure to the benefit of and be binding upon the respective heirs, executors, administrators, personal representatives, successors and permitted assigns of each party hereto. Governing Law and Attornment 4.8 This Agreement will be governed exclusively by and construed in accordance with the laws of the Province of British Columbia, and the parties attorn to the exclusive jurisdiction of the Courts of British Columbia. Severability 4.9 The parties covenant and agree that if any part of this Agreement is determined to be void or unenforceable, such determination will not be deemed to affect or impair the validity of any other part of this Agreement. I62W.3 Termination - 8 - 4.10 This Agreement may be terminated at any time by agreement in writing executed by the
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Extract the exact clause related to "Competitive Restriction Exception" from the excerpt above.