Common use of PERFORMANCE AND TERMINATION Clause in Contracts

PERFORMANCE AND TERMINATION. This Agreement shall take effect _____________ (the “Effective Date”) and shall remain in effect until ________________ (the “Term” or “Period of Performance”). This Agreement may be terminated by either MassTech or Participant for a material breach of any term. The breaching party shall have thirty (30) days to cure such breach from the date of written notice, unless otherwise agreed to by the Parties in writing. This Agreement may be terminated by MassTech for convenience upon thirty (30) days written notice to Participant. In the event of Termination not the fault of Participant, Participant shall be reimbursed as specified in Exhibit 3 for all costs and non-cancellable commitments incurred in connection with the Agreement, up to the date of termination. MassTech may terminate this Agreement or any part thereof by written notice to the Participant, should EOED or the Commonwealth terminate the Program or Project, or any part thereof, the loss of available funds for the purposes of work hereunder, or in the event of an unforeseen public emergency or other change of law mandating immediate action by MassTech inconsistent with performing its obligations under this Agreement.