Common use of Change of Circumstance Clause in Contracts

Change of Circumstance. Notwithstanding any provision or language in this contract to the contrary, where the needs of Montclair significantly change, or the contract is otherwise deemed no longer to be in Montclair’s interest, Montclair may terminate the contract upon 30 days written notice to the contractor. In the event of contract termination due to Change of Circumstance, the contractor will be compensated by Montclair for goods and/or services satisfactorily performed and accepted in accordance with the contract, up to the date of termination.