Neither the execution or delivery by the HCM Managing Member of this Agreement nor the consummation or performance by the HCM Managing Member of the transactions contemplated hereby or thereby will, directly or indirectly, (a) contravene, conflict with, constitute a default (or an event or condition which, with notice or lapse of time or both, would constitute a default) under, or result in the termination or acceleration of, any agreement or instrument to which the HCM Managing Member is a party or by which the properties or assets of the HCM Managing Member are bound; or (b) contravene, conflict with, or result in a violation of, any law or order to which the HCM Managing Member, or any of the properties or assets of the HCM Managing Member, may be subject.