Common use of Replacement of Key Personnel Clause in Contracts

Replacement of Key Personnel. Unless otherwise agreed in writing by VPRA, in the event of a Key Personnel vacancy, Contractor shall replace any Key Personnel described within Section 15.3 within sixty (60) days after the departure of the individual previously filling the position. A replacement individual must meet the qualifications for the Key Personnel position stated in Exhibit D. VPRA may assess Liquidated Damages of $1,000 per day starting on the 61st day until and including the day on which the Key Personnel position is filled with a qualified individual.