Common use of Cancellation Rate Clause in Contracts

Cancellation Rate. In the event that the University cancels a Course after the Sessional Lecturer has signed back acceptance of the appointment letter but before the first class is scheduled, the Sessional Lecturer shall receive a payment of $500.00 and the appointment letter will be considered void. If a cancellation occurs after classes have started but on or before the final “Drop/Add” date as established by the University academic calendar, the cancellation payment will be $1,000.00 and the appointment letter will be considered void.

Cancellation Rate. In the event that the University cancels a Course after the Sessional Lecturer has signed back acceptance of the appointment letter but before the first class is scheduled, the Sessional Lecturer shall receive a payment of $500.00 and the appointment letter will shall be considered void. If a cancellation occurs after classes have started but on or before the final “Drop/Add” date as established by the University academic calendar, the cancellation payment will shall be $1,000.00 and the appointment letter will shall be considered void.