CM'S DEATH OR INCAPACITATION. 15.1.1 If CM transacts business as an individual, upon CM's death or incapacitation, University may, at its option, terminate this Agreement as of the date of such event. If so terminated, neither CM nor CM's estate shall have any further right to perform hereunder, and University shall pay CM or the estate the compensation payable under Article 5 for any services rendered prior to this termination not theretofore paid. This compensation shall be reduced by the amount of additional costs that will be incurred by University by reason of this termination.
Appears in 6 contracts
Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement
