TERMINATION AND RIGHTS UPON TERMINATION. a. This Agreement may be terminated upon mutual written consent of the parties, or as a remedy available at law or in equity. In the event of the termination of this Agreement, Grantee shall immediately be paid all fees earned as of the effective date of termination. b. Either party may terminate this Agreement for convenience on June 30th of any fiscal year by giving the other party notice on or before March 15th of any calendar year. From and after the date such a notice becomes effective, Grantee shall cease performance of the duties specified Exhibit A of this Agreement, but Grantee and Commission shall continue to be bound by all other terms and conditions of the Agreement until fully performed. Commission agrees to reimburse Grantee for reasonable expenses incurred while Grantee completes the final quarterly report and the annual evaluation report, with the provision that total grant costs shall not exceed the grant amount specified in the annual budget. c. Should Grantee default in the performance of this Agreement or materially breach any of its provisions which remain uncured by Grantee to the satisfaction of Commission after fifteen (15) days written notice to Grantee, Commission, at its option, may terminate this Agreement by giving written notification of termination to Grantee. The termination date shall be the effective date of the notice. For the purposes of this subsection, default or material breach of this Agreement shall include, but not be limited to, any of the following: failure to perform required services in a timely manner, willful destruction of Commission property, dishonesty, or theft.
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Sources: Grant Agreement, Grant Agreement