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<br />PLX980112 <br />Form Approved, A VP-Law <br /> <br />Section 13. TERMINATION. <br /> <br />(a) H the Licensee does not use the right herein granted or the Pipeline for one (l) year, or if the Licensee continues in default <br />in the performance of any covenant or agreement herein contained for a period of thirty (30) days after written notice from the <br />Licensor to the Licensee specifying such default. the Licensor may. at its option. forthwith immediately terminate this Agreement <br />by written notice. <br /> <br />(b) In addition to the provisions of subparagraph (a) above. this Agreement may be terminated by written notice given by <br />either party hereto to the other on any date in such notice stated. not less. however. than thirty (30) days subsequent to the date <br />upon which such notice shall be given. <br /> <br />(c) Notice of default and notice of termination may be served personally upon the Licensee or by mailing to the last known <br />address of the Licensee. Termination of this Agreement for any reason shall not affect any of the rights or obligations of the parties <br />hereto which may have accrued. or liabilities. accrued or otherwise. which may have arisen prior thereto. <br /> <br />Section 14. <br /> <br />AGFITMFNT NOT TO BE ASSIGNED. <br /> <br />The Licensee shall not assign this Agreement in whole or in part. or any rights herein granted. without the written consent <br />of the Licensor, and it is agreed that any transfer or assignment or attempted transfer or assignment of this Agreement or any of <br />the rights herein granted. whether voluntmy. by operation of law. or otherwise. without such consent in writing. shall be absolutely <br />void and. at the option of the licensor. shall terminate this Agreement. <br /> <br />Section 15. <br /> <br />SUCCESSORS AND ASSIGNS. <br /> <br />Subject to the provisions of Section 14 hereof. this Agreement shall be binding upon and inure to the benefit of the parties <br />hereto. their heirs. executors. administrators. successors and assigns. <br /> <br />plx.exb <br /> <br />Page 4 of4 <br /> <br />Exhibit B <br />