Common use of TERMINATION BY STATE FOR CONVENIENCE Clause in Contracts

TERMINATION BY STATE FOR CONVENIENCE. 14.3.1 The State may, at any time, terminate this agreement for the State’s convenience and without cause. 14.3.2 Upon receipt of written notice from the State of such termination for the State’s convenience, the Contractor shall: (a) cease operations as directed by the State in the notice; (b) take actions necessary, or that the State may direct, for the protection and preservation of the Work; and (c) except for Work directed to be performed prior to the effective date of termination stated in the notice, terminate all existing subcontracts and purchase orders and enter into no further subcontracts and purchase orders. 14.3.3 In case of such termination for the State’s convenience, the Contractor shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with reasonable overhead and profit on the Work not executed.