Common use of CHANGES IN CONSULTANT ORGANIZATION Clause in Contracts

CHANGES IN CONSULTANT ORGANIZATION. The CONSULTANT shall notify GDOT in writing within five (5) business days upon the CONSULTANT taking any action to change its corporate structure, including voluntary or involuntary bankruptcy proceedings, company mergers, company acquisitions, changes in corporate names, changes in corporate officers, changes in corporate governing structure, and similar relevant information. Such notification shall identify how the change in corporate business structure will impact GDOT, including payments to the CONSULTANT, and CONSULTANT shall identify how these impacts to GDOT will be mitigated, which shall be concurred with by GDOT. In the event of the death of any member, partner or officer of the CONSULTANT or any of its supervisory personnel assigned to the PROJECT, or dissolution of the partnership, termination of the corporation, or disaffiliation of the principally involved employee, the surviving members of the CONSULTANT hereby agree to complete the work under the terms of this AGREEMENT, if requested to do so by GDOT. This subsection shall not be a bar to renegotiating of the AGREEMENT between the surviving members of the CONSULTANT and GDOT, if GDOT so chooses.

Appears in 2 contracts

Sources: Professional Services Provider Agreement, Professional Services Provider Agreement