The representations and warranties contained in this Agreement shall survive the Closing and shall remain in effect for two years following the date of Closing. No action or proceeding may be brought by a party against another party on the basis of a breach of a representation or warranty hereunder more than two years after the date of the Closing unless such party gives written notice to the other party of such breach, setting forth in reasonable detail the basis for such claim of breach, on or before the expiration of such two-year period.