In the event that the parties, despite their good faith efforts, are unable to agree up on and execute the Transaction Documentation on or before July 31 , 2017, or such later date as may be mutually agreed upon by the parties, this Letter hall terminate and the parties hereto shall thereafter have no liability to each other, except as may arise from a breach of Paragraphs 5, 6, 7, 8 or 10 hereof.