16.2</strong>&nbsp. The right of each party to extraordinary termination of the agreement without notice for an important reason shall remain unaffected.</p> <p> <strong>16.3</strong>&nbsp. An important reason for termination without notice exists for both parties particularly whenever</p> <p> <strong>a.</strong> insolvency proceedings are applied for concerning the assets of the other party, in case of opening of insolvency proceedings or of its rejection for lack of assets;</p> <p> <strong>b.</strong> a substantial violation against the confidentiality provisions has occurred.</p> <p> <strong>16.4</strong>&nbsp.