Common use of Exclusion of a Contractor Clause in Contracts

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the Governing Board by unanimous vote minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal, except that the financial compensation shall be up to one hundred percent (100 %) of the contribution previously received by this Contractor.

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the Governing Board General Assembly by unanimous a vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal, except that . The abovementioned rules shall also be valid with regard to the financial compensation shall be up to one hundred percent (100 %) exclusion or withdrawal of the contribution previously received by this Contractoran Other entity or a Member.

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the Governing Board General Assembly by unanimous a vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal, except that . The abovementioned rules shall also be valid with regard to the financial compensation shall be up to one hundred percent (100 %) exclusion or withdrawal of the contribution previously received by this Contractoran Other entitOther Entity or a Member.

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the Governing Board General Assembly by unanimous a vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal, except that the financial compensation shall be up to one hundred percent (100 %) of the contribution previously received by this Contractor.