Termination of agency. This agreement shall continue in full force and effect until terminated, with or without cause, by (1) either company or general agent upon _________ days' written notice to the other party, effective the day notice is mailed to the other party's last known address, which shall be the first day of the _________-day period or, if mail should not be used, the day notice is delivered to the general agent or to an officer of company as the case may be; (2) by death of general agent or cancellation, suspension or nonrenewal of general agent's license or, if general agent is a partnership, the death of any member or change in the partners composing the firm or dissolution of the partnership for any other reason; or (3) by operation of law; except that this agreement is automatically terminated and no notice shall be required when contract is terminated under (2) and (3) above, or when disqualification of general agent is by insurance department ruling or court action. Without restricting the right of the company to terminate this agreement on _________ days' notice, the company may terminate this agreement immediately upon written notice to the general agent's last known address if general agent shall fail to comply with the rules and regulations of the company, the laws of the state or states applicable, or regulations of the department of insurance of such state, or shall fail, to conform to the terms and conditions of this agreement or any other agency agreement with the company, or if, in the opinion of the company, general agent becomes physically or mentally disqualified from performing the terms of this agreement, or if, in the opinion of the company, the production of general agent is insufficient.