Termination for Default (Professional Services) Clause Samples
The Termination for Default clause in professional services agreements allows one party to end the contract if the other party fails to meet essential obligations, such as not delivering services on time or breaching key terms. Typically, this clause outlines the types of defaults that trigger termination, the process for notifying the defaulting party, and any opportunity to cure the breach before termination becomes effective. Its core function is to provide a clear mechanism for ending the relationship when serious contractual failures occur, thereby protecting parties from ongoing non-performance or material breaches.
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Termination for Default (Professional Services). Either party may terminate this Agreement for cause if the other party fails to fulfill its obligations that are essential to the completion of the work per the terms and conditions of the Agreement. The party initiating the termination action must allow the breaching party an opportunity to dispute or cure the breach. The terminating party must provide the breaching party [7] days advance written notice of its intent to terminate the Agreement. The notice must specify the nature and extent of the breach, the conditions necessary to cure the breach, and the effective date of the termination action. The rights and remedies in this clause are in addition to any other rights and remedies provided by law or under this agreement.