Cancellation Period/Termination

READ THIS AGREEMENT CAREFULLY TO ENSURE THAT YOU UNDERSTAND EACH PROVISION.

Upon any termination or cancellation of this Agreement, Customer shall immediately pay Zingle all fees for the remaining Term of this Agreement or any subsequent extension thereof, and shall return any Device and accessories Licensed under this Agreement in good condition and working order. In the event that this Agreement is terminated or cancelled for any reason and Customer fails to return the Device or returns the Device in any condition other than good condition and working order, in addition to charging Customer for the remaining Term of this Agreement, Customer authorizes Zingle to immediately charge, and Customer agrees to pay, the sum of Two Hundred Seventy Five Dollars ($275.00) per Device. Either party may terminate this Agreement at any time after the end of the initial Term with thirty (30) days prior written notice delivered to the other party.. Zingle may interrupt or terminate this Agreement with or without cause without notice for any reason. Notwithstanding the foregoing, if this Agreement terminated without cause, Zingle will issue Customer, upon request, a credit equal to a pro-rata adjustment of the monthly fee, not to exceed Customer’s then current monthly rate. Zingle’s liability to Customer for termination of this Agreement is limited solely to the credit set forth above. Zingle is hereby granted by Customer a security interest in the Device and all replacements, substitutions and proceeds there from to secure payment of the unpaid portion of the Agreement fees and all other sums due under this Agreement and hereby authorizes Zingle to file any and all financing statements signed only by Zingle to perfect the security interest in the Device herein granted in accordance with the Uniform Commercial Code.