Common use of OPTIONAL TERMINATION BY THE CORPORATION Clause in Contracts

OPTIONAL TERMINATION BY THE CORPORATION. The Corporation at any time, in its sole discretion, may terminate this Agreement or postpone, or delay all or any part of the Agreement upon written notice to the Consultant. In the event of such termination, postponement or delay, the Corporation shall pay the Consultant for professional time and out-of-pocket expenses incurred by Consultant to the date notice of such action is received by Consultant. The Consultant agrees to cause any agreement or contract entered into by Consultant with any Subconsultant to provide for an optional termination by Consultant similar to the provisions of this Section 3.1.

Appears in 3 contracts

Samples: Consulting Agreement, Consulting Agreement, Consultant Agreement

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OPTIONAL TERMINATION BY THE CORPORATION. The Corporation at any time, in its sole discretion, may terminate this Agreement or postpone, or delay all or any part of the Agreement upon written notice to the ConsultantFirm. In the event of such termination, postponement or delay, the Corporation shall pay the Consultant Firm for professional time and out-of-pocket out‐of‐pocket expenses incurred by Consultant Firm to the date notice of such action is received by ConsultantFirm. The Consultant Firm agrees to cause any agreement or contract entered into by Consultant Firm with any Subconsultant Subcontractor to provide for an optional termination by Consultant Firm similar to the provisions of this Section 3.1.

Appears in 3 contracts

Samples: Retainer Agreement, Retainer Agreement, Retainer Agreement

OPTIONAL TERMINATION BY THE CORPORATION. The Corporation at any time, in its sole discretion, may terminate this Agreement or postpone, or delay all or any part of the Agreement upon written notice to the ConsultantFirm. In the event of such termination, postponement or delay, the Corporation shall pay the Consultant Firm for professional time and out-of-pocket expenses incurred by Consultant Firm to the date notice of such action is received by ConsultantFirm. The Consultant Firm agrees to cause any agreement or contract entered into by Consultant Firm with any Subconsultant Subcontractor to provide for an optional termination by Consultant Firm similar to the provisions of this Section 3.1.

Appears in 2 contracts

Samples: Retainer Agreement, Retainer Agreement

OPTIONAL TERMINATION BY THE CORPORATION. The Corporation at any time, in its sole discretiondiscretion and with or without cause, may terminate this Agreement or postpone, postpone or delay all or any part of the Agreement upon written notice to the ConsultantContractor. In the event of such termination, postponement or delay, the Corporation shall pay the Consultant Contractor for professional time and out-of-of- pocket expenses incurred by Consultant Contractor to the date that notice of such action is received by ConsultantContractor. The Consultant Contractor agrees to cause any agreement or contract entered into by Consultant Contractor with any Subconsultant Subcontractor to provide for an optional termination by Consultant similar to Contractor consistent with the provisions of this Section 3.13.2.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

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OPTIONAL TERMINATION BY THE CORPORATION. The Corporation at any time, in its sole discretiondiscretion and with or without cause, may terminate this Agreement or postpone, postpone or delay all or any part of the Agreement upon written notice to the ConsultantContractor. In the event of such termination, postponement or delay, the Corporation shall pay the Consultant Contractor for professional time and out-of-pocket expenses incurred by Consultant Contractor to the date that notice of such action is received by ConsultantContractor. The Consultant Contractor agrees to cause any agreement or contract entered into by Consultant Contractor with any Subconsultant Subcontractor to provide for an optional termination by Consultant similar to Contractor consistent with the provisions of this Section 3.13.2.

Appears in 1 contract

Samples: Short Form Contract for Materials/Services

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