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5 . 1 This Agreement may be terminated by either party <br /> upon not less than seven days' written notice should the other <br /> ARTICLE 4 party fail substantially to perform in accordance with the terms <br /> ARBITRATION MEDIATION of this Agreement through no fault of the party initiating the <br /> termination. <br /> 494 Glaims, disputes er- other . attefs in question 1,"a. ..,,e <br /> the -paFties -te Agreement g. eut-ef-er- relating -to -this - 5 . 2 If the Owner fails to make payment when due the <br /> Agieemen4e bFeadh theFeef an a " : a "ate Architect for services and expenses, the Architect may, upon <br /> arbitration -iii accordance -with -the Genstfuctien -hidustseven days' written notice to the Owner, suspend performance <br /> Ax-bitfatien des -ef 4he Amer-kan Arbitra4ien Assec-iatien - of services under this Agreement. Unless payment in full is <br /> eu=ie1CL7 <br /> al. . : 1 e . 1111 ., . 1. " Patties mutually ,. gree ethe... .,: .." received by the Architect within seven days of the date <br /> of the <br /> � �FF,.�� �.. .. notice, the suspension shall take effect without further notice. <br /> 4 . 1 -2 The Owner and Architect shall endeavor to In the event of a proper suspension of services, the Architect <br /> resolve claims , disputes and other matters in question shall have no liability to the Owner for delay or damage <br /> caused <br /> between them by mediation . Request for mediation shall the Owner because of such suspension of services. <br /> be filed in writing with the other party to this agreement . 5 . 3 In the event of termination not <br />the fault of the <br /> The request may be made concurrently with the filing of Architect, the Architect shall be compensated for <br /> services <br /> civil action but, in such event, mediation shall proceed in performed prior to termination.6 tegetheF 4Z bufsable - <br /> advance of legal or equitable proceedings , which may be €Apenses-then-due-and-ally penses-as de€xied-irr- <br /> stayed pending mediation for a period of 60 days fromParagraph 5.4. <br /> the date of filing , unless stayed for a longer period by <br /> agreementof the parties or court order.A demand -for - &.4 TeFmimmiefi menses -be eemputed -as <br /> -a - <br /> arbitration -shall -be made within -a r-easenable -time -a1'Eer -the - per-eextage -ef 4he cempeasation eamed 4o 4he 4ime <br /> -ef - <br /> elaim; Elispute -er ethemattes -in questien -leas -arisen.. - 4* -fie - teffninatieft, <br /> eves;t 4he demand -feFaFbitr-atieft -be -made -a1 tel; -4he -date - - <br /> Nvhen -institutien -ef 4egal -ef imitable pre" - "d ---ings based -en - 4 � -pFeNided -en -4he -basis -of -amultiple -of - <br /> such <br /> � L14iple � <br /> , . - <br /> sc ,.1 . dispute other at estiead be b "a Direct z Expense, -2o per-cent -ef 4he -total - <br /> by the appikable statutes ef lifflitatiens. DiFeEt zPei$enne! EXpense ineuFFed 4e -tlie -time -ef - <br /> teFminatieni and <br /> 4 . 3 The parties shall share the mediator's fee and <br /> any filing fees equally. The mediation shall be held in the 4 Fefsemis previded en the basis of a stipulated <br /> place where the Project is located , unless another ie percent ef the stipulated sum earned-to4he44me-e€ <br /> location is mutually agreed upon . Agreements reached teEminatian- <br /> in mediation shall be enforceable as settlement <br /> agreements in any court having jurisdiction thereof. No- ARTICLE 6 <br /> arbitratien ansing -out -ef -ei-7 _Matin 4e4his t -shall - MISCELLANEOUS PROVISIONS <br /> inElude; -h.y eeilsekda4ien, joinde -ef -in -any ether fniu xer; -an - <br /> additienal per-sen -er -entity -net -a -pasty 4a 4his ^ - 6 . 1 1kxlessease -pl`er4ded, 4This Agreement shall be <br /> exeept by wfitten cense ` eentaining " spe6ifie re eime ` e dh is governed by the law of the State of Florida . <br /> 1.9fineipal place of- <br /> Agreement -signed -by 4he Owner, A ehiteet -and -a" AsheF - businessof the A ,., hite -. <br /> person -er -entity -sought 4s -be tensed: - Gensen4 4e arbitratien - <br /> invelving -air additional pe>•sen -er -entity -shall -net constitute -- 6 . 2 Causes of action between the parties to this <br /> eonsent 4e ar-bitratien-ef-any claim, dispute-er ether matter-in- Agreement pertaining to acts or failures to act shall be deemed <br /> questien -pret dew-r-ibed-i-n-the written eensent-of -a persen- to have accrued and the applicable statute of limitations shall <br /> of -entity -Piet named -of deser-ibed -ther-ein. - -The figregoing - commence to run not later than the date payment <br /> is due the <br /> agr-eement -andether $ga4s4o ar-bitFate } - Architect pursuant to Paragraph 8.4. <br /> an additional persen-eF-en ity-duly eonsen4ed4e*-4-he parties- <br /> to 4his Agreement -shall -be spersifkalyeafer-eeable -xi - 6 . 3 The Owner and Architect, respectively, bind <br /> thereof representatives <br /> themselves, their partners, successors, assigns and legal <br /> representatives to the other party to this Agreement and to the <br /> partners, successors, assigns and legal representatives of such <br /> 44 The award -> endued �j` -the arbitrate �r arbitrateis - other party with respect to all covenants of this Agreement. <br /> shall -be -fftal; -arid judgment -be entered upeft 4 -in - Neither Owner nor Architect shall assign <br /> this Agreement <br /> ' c,-,..a " ,, ,-" ;64th applicable iffiy in any court having : : ,.,1 : , tier, without the written consent of the other. <br /> thereof- <br /> 6 . 4 This Agreement represents the entire and integrated <br /> ARTICLE 5 agreement between the Owner and Architect and supersedes all <br /> TERMINATION OR SUSPENSION prior negotiations, representations or agreements, either <br /> O 1988 - THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVENUE, N .W., WASHINGTON , D . C ., 20006-5292 . AIA DOCUMENT <br /> B727 - <br /> OWNER-ARCHITECT AGREEMENT - 1988 EDITION - AIA® - WARNING : Unlicensed photocopying violates U .S . copyright laws and will subject <br /> the <br /> violator to legal prosecution . This document was _ electronically produced with permission of the AIA and can be reproduced in <br /> accordance with <br /> your license without violation until the date of expiration as noted below . User Document: ruth o ' donnell . aia -- 4/16/2004. <br /> AIA License Number <br /> 1127252, which expires on 12/31/2004 . <br /> Electronic Format B727- 1988 <br /> 4 <br />