Common use of Cancellation Guidelines Clause in Contracts

Cancellation Guidelines.  No compensation if a cancellation notice is given 30 days prior to the event.  50% compensation if cancellation notice is given on or between 29 to 4 days prior to the event.  Full compensation if cancellation notice is given less than 4 days prior to the event.  Full compensation for all non-reimbursable costs such as airline fares or change fees if the event is cancelled or rescheduled within 30 days.