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ARTICLE TWELVE
CONDITIONS, AMENDMENTS AND TERMINATION

12.01 Agreement Conditional (top)

This Agreement will not be effective unless and until it is approved by the Court in each of the Class Actions, and if such approvals are not granted without any material differences therein, this Agreement will be thereupon terminated and none of the Parties will be liable to any of the other Parties hereunder.

12.02 Amendments (top)

Except as expressly provided in this Agreement, no amendment or supplement may be made to the provisions of this Agreement and no restatement of this Agreement may be made unless agreed to by the FPT Governments and all members of the Joint Committee in writing and any such amendment, supplement or restatement is approved by the Courts without any material differences.

12.03 Termination (top)

  1. This Agreement will continue in full force and effect until the date on which the Courts have declared this Agreement to be terminated.
  2. Any of the FPT Governments or the Joint Committee may apply for a declaration pursuant to Section 12.03(1).
  3. After this Agreement is terminated by the Courts, any assets remaining in the Trust will be the sole property of and transferred to the FPT Governments.

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