Contract Questions
Out of context: Reply #3
- Started
- Last post
- 3 Responses
- noneck0
Here's the copy from my agreement.
TERMINATION
Either party may terminate this Agreement by giving thirty days written notice to the other of such termination. In the event that Work is terminated at the request of CLIENT or the project is delayed for longer than thirty days by CLIENT, CONSULTANT shall have the right to bill pro rata for work completed through the date of that request, while reserving all rights under this Agreement. If additional payment is due, this shall be payable within thirty days of CLIENT’s written notification to stop work or CONSULTANT’s notice of stalled project. In the event of termination, CLIENT shall also pay any expenses incurred by CONSULTANT and CONSULTANT shall own all rights to the Work. CLIENT shall assume responsibility for all collection of legal fees necessitated by default in payment. CLIENT agrees that the fee for re-opening a closed project is an additional 15% of the total project price (which is due in full prior to re-opening of the project along with any outstanding payment).