Work Authorization Cancellation for Cause. IBM may at any time cancel WAs in total or in part, for reasonable cause by notifying LSI, in writing. Cancellation will be effective immediately upon LSI's receipt of the notice. LSI will immediately cease all work under such WA in accordance with the cancellation notice. IBM shall have no liability if it cancels WAs for reasonable cause. Any existing credits in IBM's favor at the time of cancellation shall be deducted from any amount due to LSI and if such credits exceed the amount due to LSI under the applicable WA, LSI agrees to refund the difference to IBM within [*] of the effective date of cancellation. The results of all work paid for by IBM under the applicable WA are the sole property of IBM, and upon cancellation, the disposition of all such IBM property shall be in accordance with IBM's written instructions.
Appears in 2 contracts
Sources: Production Procurement Agreement (Lsi Logic Storage Systems Inc), Production Procurement Agreement (Engenio Information Technologies, Inc.)