Common use of Contract Term and Termination Clause in Contracts

Contract Term and Termination. This Agreement shall be effective from date of execution (as noted on page 1 of this Agreement) and shall end at the end of the fiscal year on June 30, 20 . This Agreement may be renewed for up to three additional one-year terms upon written approval from both City and Contractor prior to the expiration of any one-year term. This Agreement may be terminated by either party, at any time with or without cause, upon a minimum of thirty (30) days’ advanced written notice to the other party. Except as otherwise allowed or provided under this Agreement, City’s sole liability upon such termination shall be to pay for acceptable work performed prior to Contractor’s receipt of the notice of termination, if City is the terminating party, or Contractor’s sending of the notice of termination, if Contractor is the terminating party; provided, however, that a notice of termination shall not nullify or otherwise affect either party’s liability for pre-termination defaults under, or breaches of, this Agreement. Contractor shall submit an invoice for such work within thirty (30) days of receiving or sending the notice of termination. Furthermore, City reserves the right to immediately cancel this Agreement if Contractor violates any provision specifically outlined in Paragraph 10 of this Agreement.

Contract Term and Termination. This Agreement shall be effective from date of execution (as noted on page 1 of this Agreementabove) and shall end at upon completion of all services contemplated herein and final payment for said services, or one year from the end date of the fiscal year on June 30execution, 20 . This Agreement may be renewed for up to three additional one-year terms upon written approval from both City and Contractor prior to the expiration of any one-year termwhichever occurs first. This Agreement may be terminated by either party, at any time with or without cause, upon a minimum of thirty (30) days’ advanced written notice to the other party. Except as otherwise allowed or provided under this Agreement, City’s sole liability upon such termination shall be to pay for acceptable work performed prior to Contractor’s receipt of the notice of termination, if City is the terminating party, or Contractor’s sending of the notice of termination, if Contractor is the terminating party; provided, however, that a notice of termination shall not nullify or otherwise affect either party’s liability for pre-termination defaults under, or breaches of, this Agreement. Contractor shall submit an invoice for such work within thirty (30) days of receiving or sending the notice of termination. Furthermore, City reserves the right to immediately cancel this Agreement if Contractor violates any provision specifically outlined in Paragraph 10 of this Agreementbelow.