Concert Anticipatory Breach for KING JEREMY

If on or before the date of any scheduled performance hereunder, the financial standing or credit of Promoter has been impaired or is unsatisfactory. ARTIST shall have the right to demand payment forthwith of the guaranteed compensation specified above and if Promoter fails or refuses to make such payments forthwith. ARTIST shall then have the right to cancel this agreement. In the event of Such cancellation. ARTIST shall have no further obligation to Promoter hereunder and shall retain any monies therefore paid to ARTIST by Promoter.