Lost Business Clause Samples
Lost Business. Provide a list of all contracts in which your firm was terminated for cause by a governmental agency.
Lost Business. Provide a list of all contracts in which your firm was terminated for cause by a governmental agency. PROCUREMENT AND CONTRACTS DIVISION CITY HALL • ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ • ▇.▇. ▇▇▇ ▇▇▇▇ • ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇
Lost Business. Upon leave, the AIEP Instructor may not open a place of business that provides the same services, similar service, or become employed by a business that provides the same services or similar service within a 100 mile radius. If the AIEP Instructor breaks this agreement, the AIEP Instructor agrees to pay in full the amount of “lost business.” (“Lost business” is defined as the number of students receiving service from the AIEP Instructor multiplied by the price of a similar service as defined by OSI AIEP; if OSI AIEP has closed the price will be the last price charged before termination). This will be in effect indefinite after this agreement.
Lost Business. Upon leave, the Performing Arts Instructor may not open a place of business that provides the same services, similar service, or become employed by a business that provides the same services or similar service within a 100 mile radius. If the Performing Arts Instructor breaks this agreement, the Performing Arts Instructor agrees to pay in full the amount of “lost business.” (“Lost business” is defined as the number of students receiving service from the Performing Arts Instructor multiplied by the price of a similar service as defined by OSI Performing Arts Program ; if OSI Performing Arts Program has closed the price will be the last price charged before termination). This will be in effect indefinite after this agreement.
Lost Business. Upon leave, the Dance Instructor may not open a place of business that provides the same services, similar service, or become employed by a business that provides the same services or similar service within a [INSERT NUMBER] mile radius. If the Dance Instructor breaks this agreement, the Dance Instructor agrees to pay in full the amount of “lost business.” (“Lost business” is defined as the number of students receiving service from the Dance Instructor multiplied by the price of a similar service as defined by [INSERT STUDIO NAME HERE]; if [INSERT STUDIO NAME HERE] has closed the price will be the last price charged before termination). This will be in effect for [ENTER NUMBER OF YEARS] after this agreement.