Termination for Convenience of City. 14.01. By delivering written notice of termination to JOC, City may terminate performance under a Job Order, in whole or in part, if City, in its sole determination, determines that terminating JOC’s performance is in City’s best interest. Upon receiving a notice of termination, JOC immediately shall: 14.01.1. stop all Work associated with the issued Job Order; 14.01.2. let no further subcontracts or orders for materials, services or facilities, except as necessary to complete any Work not terminated by City; 14.01.3. assign to City, as directed by City, all right, title and interest of JOC under the subcontracts, to the extent they relate to the Work terminated. City may settle JOC’s Subcontractor claims and pay the amounts called for by said settlements. All settlements with JOC’s Subcontractor’s shall release JOC only from claims arising out of City’s termination of JOC’s performance, but not other claims; 14.01.4. transfer title to City of all Work performed and transfer title to all materials and supplies purchased by JOC and paid for by City; and
Appears in 4 contracts
Samples: Job Order Contracting Agreement, Job Order Contracting Agreement, Job Order Contracting Agreement
