Common use of Deliverables and Compensation Clause in Contracts

Deliverables and Compensation. In the event of termination, Professional Services Contractor shall promptly deliver to Princeton University all records, documents, working papers, calculations, computer programs, data, drawings, plans, specifications and other tangible work products and all equipment, materials, items or objects acquired by Princeton University and reimbursed by Princeton University, pertaining to the services performed under this BOA to the time of termination; provided that Princeton University has paid to Professional Services Contractor all amounts due and owing as of the date of determination, exclusive of amounts disputed in good faith by Princeton University. In addition, (1) If termination is under paragraph (a) for default, compensation will be paid only for services properly performed and actual expenses incurred through the date of termination less the amount of any asserted claims of Princeton University or any claims arising out of such termination, including without limitation claims attributable to any excess reprocurement costs incurred to complete the remaining obligations of Professional Services Contractor under this BOA. (2) If termination is under paragraph (b) for convenience, Professional Services Contractor shall be paid a percentage of its Basic Services compensation corresponding to the value of the work actually completed by Professional Services Contractor as of the date of the termination, together with compensation for any approved Additional Services actually completed. The value of Basic Services completed shall be based upon the breakdown set forth in the Article IX. The payment of these amounts is Professional Services Contractor’s sole remedy for termination for convenience. In no event shall Professional Services Contractor be entitled to recover any additional amounts after termination under this section, including, without limitation, profits or overhead on portions of the work not performed as of the effective date of termination. Compensation shall in no case exceed the limits established in this BOA for each phase of the work as to which Princeton University has expressly authorized Professional Services Contractor to proceed, plus reasonable expenses arising from and limited to Professional Services Contractor’s demobilization of staff as a direct result of termination of this BOA.

Appears in 3 contracts

Samples: Professional Services Basic Ordering Agreement, Professional Services Basic Ordering Agreement, Professional Services Basic Ordering Agreement

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Deliverables and Compensation. In the event of termination, Professional Services Contractor shall promptly deliver to Princeton University all records, documents, working papers, calculations, computer programs, data, drawings, plans, specifications and other tangible work products and all equipment, materials, items or objects acquired by Princeton University and reimbursed by Princeton University, pertaining to the services performed under this BOA Contract to the time of termination; provided that Princeton University has paid to Professional Services Contractor all amounts due and owing as of the date of determination, exclusive of amounts disputed in good faith by Princeton University. In addition, (1) If termination is under paragraph (a) for default, compensation will be paid only for services properly performed and actual expenses incurred through the date of termination less the amount of any asserted claims of Princeton University or any claims arising out of such termination, including without limitation claims attributable to any excess reprocurement costs incurred to complete the remaining obligations of Professional Services Contractor under this BOAContract. (2) If termination is under paragraph (b) for convenience, Professional Services Contractor shall be paid a percentage of its Basic Services compensation corresponding to the value of the work actually completed by Professional Services Contractor as of the date of the termination, together with compensation for any approved Additional Services actually completed. The value of Basic Services completed shall be based upon the breakdown set forth in the Article IX. The payment of these amounts is Professional Services Contractor’s 's sole remedy for termination for convenience. In no event shall Professional Services Contractor be entitled to recover any additional amounts after termination under this section, including, without limitation, profits or overhead on portions of the work not performed as of the effective date of termination. Compensation shall in no case exceed the limits established in this BOA for each phase of the work as to which Princeton University has expressly authorized Professional Services Contractor to proceedContract, plus reasonable expenses arising from and limited to Professional Services Contractor’s 's demobilization of staff as a direct result of termination of this BOAContract.

Appears in 3 contracts

Samples: Professional Services Contract, Professional Services Contract, Professional Services

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Deliverables and Compensation. In the event of termination, Professional Services Contractor shall promptly deliver to Princeton University all records, documents, working papers, calculations, computer programs, data, drawings, plans, specifications and other tangible work products and all equipment, materials, items or objects acquired by Princeton University and reimbursed by Princeton University, pertaining to the services performed under this BOA Contract to the time of termination; provided that Princeton University has paid to Professional Services Contractor all amounts due and owing as of the date of determination, exclusive of amounts disputed in good faith by Princeton University. In addition, (1) If termination is under paragraph (a) for default, compensation will be paid only for services properly performed and actual expenses incurred through the date of termination less the amount of any asserted claims of Princeton University or any claims arising out of such termination, including without limitation claims attributable to any excess reprocurement costs incurred to complete the remaining obligations of Professional Services Contractor under this BOAContract. (2) If termination is under paragraph (b) for convenience, Professional Services Contractor shall be paid a percentage of its Basic Services compensation corresponding to the value of the work actually completed by Professional Services Contractor as of the date of the termination, together with compensation for any approved Additional Services actually completed. The value of Basic Services completed shall be based upon the breakdown set forth in the Article IX. The payment of these amounts is Professional Services Contractor’s 's sole remedy for termination for convenience. In no event shall Professional Services Contractor be entitled to recover any additional amounts after termination under this section, including, without limitation, profits or overhead on portions of the work not performed as of the effective date of termination. Compensation shall in no case exceed the limits established in this BOA for each phase of the work as to which Princeton University has expressly authorized Professional Services Contractor to proceedContract, plus reasonable expenses arising from and limited to Professional Services Contractor’s 's demobilization of staff as a direct result of termination of this BOA.Contract. MODELDOCUMEN

Appears in 1 contract

Samples: Professional Services

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