Common use of Termination for Convenience of Owner Clause in Contracts

Termination for Convenience of Owner. Notwithstanding any other provision of the Contract or any other remedies it may have, County may at any time and without cause terminate the Contract, in whole or in part, without penalty, upon not less than 30 days written notice to the Contractor. Such termination shall be effected by delivery of a Notice of Termination to Contractor specifying the effective date of the termination, whether the Contract shall be terminated in whole or in part, and, if applicable, the portion of work to be terminated. Contractor shall immediately stop work in accordance with the Notice of Termination and comply with any other direction as may be specified in the Notice of Termination or as provided subsequently by County. County shall pay Contractor for the work completed and accepted by County prior to the effective date of the termination, and such payment shall be Contractor’s sole remedy. Under no circumstances will Contractor be entitled to anticipatory or unearned profits, consequential damages, or other damages of any sort as a result of a termination in whole or in part under this provision. Contractor shall insert in all subcontracts that the Subcontractors shall stop work on the date of and, if applicable, the portion of work to be terminated in a Notice of Termination and shall require Subcontractors to insert the same condition in any lower tier subcontracts.