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"Cure"), then the City may, at its sole discretion and option, terminate this Agreement or withhold Grant Payments otherwise due for the relevant time period in which the non- compliance occurred and continues. Section 5.02. Non-Termination Election by City. If the City elects to withhold Grant Payments under this Section rather than to terminate the Agreement, then, upon a Cure by Company, Company will be eligible to receive future Grant Payments (provided it is otherwise in compliance and subject to other limitations of this Agreement) for the remainder of the Term. However, a Grant Payment withheld by the City shall be deemed forfeited by Company and the City shall not be liable for retroactive payment of such forfeited Grant Payment. For example, if Company is in default and has not affected a Cure in the quarter ended March 31, 2020, Company will not receive a Grant Payment for that quarter. Company will, however, be eligible to receive a Grant Payment for the subsequent quarter if the default is Cured. Except as to circumstances arising from an event of force majeure, the Term shall not be extended as a result of any Cure period agreed to by the City under this Section. Section 5.03. Termination for Misrepresentation. Notwithstanding any provision for notice of non-compliance and any opportunity to cure, the City may terminate this Agreement immediately by providing written notice to Company if Company, its officers or signatories to this Agreement misrepresented or misrepresent any material fact or information: (i) upon which the City relied in entering into this Agreement; (ii) upon which the City relies in making a Grant Payment to Company; or (iii) as an inducement for the City to make a Grant Payment to Company. Section 5.04 Termination by Company. The Company may terminate this Agreement at any time for convenience with at least one hundred twenty (120) days prior written notice, 10