9. Term and Termination
1. The Agreement runs for an indefinite time and will remain in effect until terminated by one of Parties in accordance with this section 11.
2. The Parties may terminate this Agreement for any or no reason at their convenience with a 30 day notice to the end of each month. Termination may be issued in writing or by using the provided account closing mechanism, if provided by VeePee Market.
3. In addition each Party’s right to terminate this Agreement for a good cause remains unaffected. A good cause for termination of the Agreement by VeePee Market shall include, but is not limited to, the following:
a serious breach of the obligations arising from this Agreement by the customer;
a default in payment of the customer with an amount that equals at least the compensation of one month;
an attempt a denial of service attack on any of the Services by the customer or any attempt to hack or break any security mechanism on any of the Services;
determination that the customer’s use of the Services poses a security or service risk to VeePee Market, or to any user of services offered by VeePee Market;
a major change in the working of Ether that makes it unreasonable for VeePee Market to adapt VeePee Market accordingly;
a major change in the co-operation of Ether and VeePee Market that makes the further offering of VeePee Market unreasonable for VeePee Market;
an application for the initiation of insolvency proceedings concerning the customer, as well as the refusal to open insolvency proceedings for lack of assets, or the issue of a declaration in lieu of an oath, or any similar proceedings.