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2005-201
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2005-201
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ARTICLE 8 TERMINATION OF THE AGREEMENT <br /> § 8 . 1 This Part 1 Agreement may be terminated by either party upon seven (7) days ' <br /> written notice should the other party fail to perform substantially in accordance with its <br /> terms through no fault of the party initiating the termination . <br /> § 8 . 2 This Part 1 Agreement may be terminated by the Owner without cause upon at least <br /> seven (7 ) days ' written notice to the Design /Builder . <br /> § 8 . 3 In the event of termination not the fault of the Design /Builder , the Design/Builder <br /> shall be compensated for services performed to the termination date , together with <br /> Reimbursable Expenses then due and Termination Expenses , Termination Expenses are <br /> expenses directly attributable to termination , including a reasonable amount for overhead <br /> and profit , for which the Design/Builder is not otherwise compensated under this Part 1 <br /> Agreement . <br /> ARTICLE 9 BASIS OF COMPENSATION <br /> The Owner shall compensate the Design/Builder in accordance with Article 5 , Payments , <br /> and the other provisions of this Part 1 Agreement as described below . <br /> § 9 . 1 COMPENSATION FOR BASIC SERVICES <br /> § 9 . 1 . 1 FOR BASIC SERVICES , compensation shall be as follows : <br /> 434 �. , y� �.' . . i � �Aaff . . '`� ,o � IMA r4i �.. "i �.` �,ui+r\ , , <br /> %Aftt <br /> § 9 . 1 . 2 AN INITIAL PAYMENT of . . sYTt?c : a... u . ., ? r, � : � <br /> ($ � „AWWN ) shall be made upon execution of this Part 1 Agreement and credited to the <br /> Owner' s account as follows : <br /> ��P3 ,�l ``. ��vi i'�s. x <t� .��; . / ..� .Z ix „tF,d '. r ` c> ,.vr �•Po?;n� .� i . 'LP ' . .. <br /> 3x ee .. .: 1 � .. 44� .. . .,. „ ui � ,.rn, i <br /> § 9 . 1 . 3 SUBSEQUENT PAYMENTS shall be as follows : <br /> ism Eyi £`raw � i'` FY,x '^ r � � �w ? >3•f £ ff ^a � y Sv' ' £a <br /> § 9 . 2 COMPENSATION FOR ADDITIONAL SERVICES <br /> § 9 . 2 . 1 FOR ADDITIONAL SERVICES , compensation shall be as follows : <br /> § 9 . 3 REIMBURSABLE EXPENSES <br /> § 9 . 3 . 1 Reimbursable Expenses are in addition to Compensation for Basic and Additional <br /> Services , and include actual expenditures made by the Design/Builder and the <br /> Design/Builder' s employees and contractors in the interest of the Project , as follows : <br /> fii <br /> 9 <br />
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