Common use of Terminate the contract Clause in Contracts

Terminate the contract. The Town may terminate the contract by providing to the Contractor written notice of the termination of the contract and the grounds therefore. The contract shall be deemed terminated on the date notice of the contract termination is given. The Contractor will be paid for all work which is satisfactorily done through the time of termination; the remainder of the money due the Contractor, but unearned, under this contract may be used to hire another person or agency to perform the work. In addition, the Town may use money from the performance bond to cover the cost of performing this contract.

Appears in 2 contracts

Sources: Snow Removal and Sanding Contract, Snow Removal and Sanding Contract