14. TERMINATION
(a) This Agreement may be terminated by either party immediately if:-
(1) the other party commits or permits any material or persistent breach of this Agreement and, in case such breach is capable of being remedied, fails to remedy that breach within 21 days of receiving notice of such breach from the non-breaching party;
(2) the other party commits an act of bankruptcy or goes into liquidation other than for the purposes of reconstruction or amalgamation or suffers the appointment of a receiver or administrator of any of its property or income or makes any deed or arrangement with or composition for the benefit of any of its creditors.
(b) If the Company’s obligations to perform the Services are suspended under clause 13, either party may serve on the other one month’s notice of termination in writing and, unless the Services have been resumed before that notice expires, this Agreement will terminate at the end of the month.