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2009_1019_Packet
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2009_1019_Packet
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1/9/2012 3:23:31 PM
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10/15/2009 3:47:30 PM
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� 11. CoR finds that LETG is or has been unnecessarily or unreasonably or willfully delaying <br />4 the performance and completion of the project; or the award of necessary <br />4 subcontracts, or the placing of necessary material and equipment orders; <br />4 12. The project is not completed by LETG within the time specified by the Project <br />4 Schedule; <br />4 13. LETG does not maintain the insurance required by this Agreement; <br />4 14. The Software provided by LETG is the subject of a copyright infringement suit or any <br />4 other legal action and LETG is unable to provide CoR with sufficient modifications or <br />4 procure for CoR the right to continue to use the Software; <br />4 15. LETG fails or refuses to proceed with the work required by this Agreement; <br />4 16. LETG ceases to exist or is sold to another entity; or <br />17. Any other material breach of any agreements between LETG and CoR. <br />17.2 If LETG is unable to cure the Event of Default, CoR may terminate this Agreement and <br />then have the project completed by such means and in such manner as it may deem <br />advisable, utilizing for such purpose LETG's instructions, project materials, etc. remaining <br />4 on the site, and also such subcontractors as it may deem advisable. After completion, <br />4 CoR shall send an invoice to LETG for payment. The invoice shall state the expenses <br />4 incurred by CoR in such completion. If any amounts remain to be paid by CoR to LETG <br />4 pursuant to this Agreement, CoR may deduct its expenses from these amounts. However, <br />4 LETG shall still be responsible for any expenses incurred by CoR that exceed the amounts <br />4 owed by CoR to LETG. LETG shall in no way hinder or interfere with any other contractors <br />or persons whom CoR may engage to complete the project. <br />17.3 If LETG is unable to cure the Event of Default, CoR may instead terminate this Agreement <br />and return the software and equipment to LETG at LETG's expense. LETG shall then <br />refund all amounts paid by CoR pursuant to this Agreement. <br />17.4 CoR may also declare LETG to be in default as to a part of the project only. In that event, <br />and where LETG is unable to cure the Event of Default, LETG shall discontinue work on <br />_ that part of the project but shall continue performing the remainder of the work on the <br />4 project in strict conformity with the terms of this Agreement, and shall in no way hinder or <br />4 interfere with any other contractors or persons whom CoR may engage to complete the <br />4 other part of the project. CoR may have that part of the project completed by such means <br />4 and in such manner as it may deem advisable, utilizing for such purpose LETG's <br />4 instructions, project materials, etc. remaining on the site, and also such subcontractors as <br />4 it may deem advisable. After completion, CoR shall send an invoice to LETG for payment. <br />4 The invoice shall state the expenses incurred by CoR in such partial completion. If any <br />4 amounts remain to be paid by LETG, CoR may deduct its expenses from these amounts. <br />4 LETG shall also be responsible for any damages, losses, attorneys' fees and other costs <br />incurred by CoR that exceed the amounts owed by CoR to LETG. <br />Page 14 of 20 <br />
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