Common use of Right to Terminate Services Clause in Contracts

Right to Terminate Services. Either party may terminate this agreement, with or without cause, by providing 90 days written notice to the other party. In the event of early termination, for whatever reason, the Company will be invoiced for time and expenses incurred up to the end of the notice period together with reasonable time and expenses incurred to bring the engagement to a close in a prompt and orderly manner. F&A shall also have the right, upon 7 days prior notice, to suspend performance of the Services in the event the Company fails to pay any amount required to be paid under this Agreement. Following the first year of services, if F&A is terminated by the Company other than for Just Cause the Company shall pay to F&A or their beneficiary, heirs or estate a cash termination payment equal to three months' fees in effect upon the date of termination. In addition, the Company shall pay the Consultant or his beneficiary, heirs or estate any Accrued Obligations to the date of termination and payable in a lump sum, less any applicable holdings and deductions, as soon as administratively practicable (but in no event later than Sixty (60) days) following Firm's termination.