Common use of Financial Consequences of Failure to Perform Clause in Contracts

Financial Consequences of Failure to Perform. 5.2.1. In addition to the financial consequences of reduced payments for disputed invoices under section 8.4, and without limitation to all other legal and equitable remedies, when the identity and/or qualifications of the Contingent Worker supplied by Vendor are not as represented in order to meet the requirements of the Work Order, and this is discovered within the first week of the Assignment, the Vendor will supply the Contingent Worker at no cost to Citizens. 5.2.2. As an additional financial consequence, if within the first two (2) business days of a Contingent Worker’s Assignment, Citizens Contract Manager determines that the Services performed were unsatisfactory and requires removal of the Contingent Worker, then Citizens will not be responsible for payment of those Services. Citizens shall notify Vendor in writing of the unsatisfactory performance by the end of the second business day of the Contingent Worker.