Common use of Design / Builder’s Compensation When Design / Builder Terminates For Cause Or Owner Terminates For Convenience Clause in Contracts

Design / Builder’s Compensation When Design / Builder Terminates For Cause Or Owner Terminates For Convenience. If this Contract is (i) terminated by the DB pursuant to Paragraph 24.2; (ii) terminated by the Owner pursuant to Paragraph 24.3; or (iii) suspended more than three (3) months by the Owner pursuant to Paragraph 24.3, the Owner shall pay the DB specified amounts due for Work actually performed prior to the effective termination date and reasonable costs associated with termination. The Owner may agree to additional compensation, if any, due to the DB. Absent agreement on the additional amount due the DB, the Owner shall pay the DB: