The Bank may at any time terminate the Framework Agreement and any Contract by giving the Service Provider one month's written notice. 

The Bank may terminate the Framework Agreement and any Contract immediately by notice in writing to the Service Provider if: 

(i) the Service Provider is in material breach of any of its obligations under the Framework Agreement and any Contract; 

(ii) the Service Provider, or a member of the Service Provider’s Personnel, has been engaged in conduct bringing the Bank into disrepute, including a Sanction Event; 

(iii) the Service Provider, or a member of the Service Provider’s Personnel, is in a situation of conflict or potential conflict of interest, as defined in § 18 of these General Terms and Conditions; 

(iv) the Service Provider has ceased or has resolved to cease to carry on the whole or any substantial part of its business or activities, or a change to the Service Provider’s legal, financial, technical or organisational or ownership situation leads to the transfer of all of the Service Provider’s rights and obligations to a third party by way of universal succession and said third party is ineligible according to the Bank’s procurement policies; 

(v) any corporate action, legal proceedings or other procedure is taken in any jurisdiction in relation to: 

a) the suspension of payments, a moratorium of any indebtedness, the winding-up, dissolution, administration or reorganisation of the Service Provider; 

b) a composition, assignment or arrangement with any creditor of the Service Provider; or 

c) the appointment of a liquidator, receiver, administrator, administrative receiver, regulatory official, compulsory manager or similar officer in respect of the Service Provider. 

(vi) the Service Provider is in breach of the data protection obligations resulting from paragraph B of Annex II hereto; 

(vii) the Service Provider does not comply with the applicable data protection obligations resulting from Regulation (EU) 2016/679; 

(viii) the Service Provider, or any member of the Service Provider’s Personnel, has engaged in Prohibited Conduct within the meaning of the Anti-Fraud Policy referred to in point (v) of §9 of these General Terms and Conditions; 

(ix) the Service Provider had, at the time of the award of the Agreement or of a Contract, been in one of the situations referred to in Article 57(1) of Directive 2014/24/EU and should therefore have been excluded from that procurement procedure; or 

(x) the Agreement or a Contract should not have been awarded to the Service Provider in view of a serious infringement of the obligations under the EU Treaties and of Directive 2014/24/EU that has been declared by the Court of Justice of the European Union in a procedure pursuant to Article 258 of the Treaty on the Functioning of the European Union. 

The Service Provider may at any time terminate the Framework Agreement and any Contract by giving the Bank three months' written notice. 

## § 18. Conflict of interest 

Conflict of interest is a situation where the impartial and objective performance of the Contract by the Service Provider is compromised for reasons involving: 

a) family, emotional life, political or national affinity, economic interest; 

b) any involvement with the Bank or any third party related to the subject matter of the Contract; 

c) previous or ongoing professional activities affect Service Provider’s capacity to perform the Contract to an appropriate quality standard. 

The Service Provider shall ensure to take all the necessary measures to prevent any situation of conflict of interest and to notify the Bank in writing as soon as possible of any situation or potential situation that could 

