Common use of For Fault Clause in Contracts

For Fault. If the Contractor determines that the Subcontractor has failed to perform or will fail to perform all or any part of the Subcontractor’s services or obligations required under this Agreement, the Contractor may terminate or suspend this Agreement in whole or in part, adjust the size of services, or reduce the Total Compensation of this Agreement upon written notice by certified mail to the Subcontractor specifying the portions of this Agreement terminated, suspended, or reduced. Such notice shall specify the violation(s) of this Agreement, and, in the case of termination, shall specify a reasonable period of not more than ten (10) days or less than five (5) days from receipt of the notice, at which time the Agreement shall be deemed terminated. In the event of such termination, any materials, supplies, tools, or equipment provided by the Contractor shall be returned forthwith by the Subcontractor.