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2005-202
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2005-202
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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 /> # y <br /> MF <br /> S Si. _ x A� `� 1 . <br /> x +n^.z *e r a I E,a. hT x44l' 4 �.°Lk u4 .H�35 M. <br /> § 9 . 1 . 2 AN INITIAL PAYMENT of <br /> ( $ .. . . . <br /> shall be made upon execution of this Part 1 Agreement and credited to the Owner's <br /> account as follows : <br /> OMMMI M, I W105=1 <br /> § 9 . 1 . 3 SUBSEQUENT PAYMENTS shall be as follows : <br /> '.. isn1� �.;_ <br /> o <br /> tr N p <br /> 100 <br /> . ON <br /> W' s <br /> 1< . 4 ,c.. <br /> f� <br /> § 9 . 2 COMPENSATION FOR ADDITIONAL SERVICES <br /> § 9 . 2 . 1 FOR ADDITIONAL SERVICES , compensation shall be as follows : <br /> slow.n <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 /> MMWIN 1.. k. F '. 3. F 0 4 4 3 rN <br /> 9 <br />
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