Immediate Termination for Cause. ExED may immediately terminate this Agreement in the event it determines that (i) it cannot provide the Services in a timely or professional manner, due to the actions or inaction of the Client with respect to financial controls, management or operations, or (ii) Client has engaged or been accused of engaging in material misconduct inconsistent with ExED’s mission or nonprofit purpose; in such event, ExED will cooperate with Client to transition its duties to Client personnel or another vendor and ExED shall be entitled to payment of its fees and reimbursable expenses for each month ExED is involved with such transition of duties.
Appears in 7 contracts
Sources: Management and Accounting Services Agreement, Management and Accounting Services Agreement, Management and Accounting Services Agreement
Immediate Termination for Cause. ExED may immediately terminate this Agreement in the event it determines that (i) it cannot provide the Services in a timely or professional manner, manner due to the actions or inaction of the Client with respect to concerning financial controls, management management, or operations, or (ii) the Client has engaged or been accused of engaging in material misconduct inconsistent with ExED’s mission or nonprofit purpose; in such event, ExED will cooperate with the Client to transition its duties to Client the Client’s personnel or another vendor and ExED shall be entitled to payment of its fees and reimbursable expenses for each month ExED is involved with such transition of duties.
Appears in 3 contracts
Sources: Business Services Agreement, Business Services Agreement, Business Services Agreement