5.7  TERMINATION AND SHAREHOLDER EVENT OF DEFAULT

5.7.1 Where a shareholder suffers an Event of Default (for example, it breaches the SHA, it suffers a change in control or it goes into liquidation/administration etc) then the non-defaulting shareholders can request that the defaulting shareholder's shares be transferred at a fair value to them or they could wind up the Company. It is expected that in the majority of cases the SHA will be coterminous with the Contract albeit that some provisions, such as the indemnities and the confidentiality requirements, will survive termination. If however a project is structured to transfer residual value risk then the SHA will not be coterminous.