In the event the non-performing Party fails to timely cure or remedy such non-performance following such notice and demand, the performing Party may elect to terminate the Agreement by notifying the non-performing Party in writing of its election to terminate for non-performance which termination shall be effective ...
When you enter into a contract (either verbally or in writing), you're legally obligated to perform your contractual duties—that is, do what you promised to do in the contract. "Nonperformance" is the failure to fulfill your obligations under a contract.
(a) If the contract has been in effect for at least five years and was approved by an ordinance or resolution adopted by the governing body of the contracting agency, the governing body may terminate it by the adoption of a resolution giving notice of intention to terminate, and by the adoption, not less than one year ...
Poor Performance of the Employee Must Be Proved Objectively by the Employer. Just as the employer must prove that the employee's contract was terminated for a valid reason, the employer who terminates the employee's contract based on poor performance must be able to clearly demonstrate this poor performance.
The termination for convenience clause is designed to give the terminated party a more fair and equitable result than if it were terminated for cause since the termination does not result from its wrongful conduct — a breach of the contract.
Termination for non-performance is a legal mechanism that allows one party to terminate a contract if the other party has not fulfilled its contractual obligations.
The most professional, polite way to notify someone that a contract is ending is to do so in writing. Be direct and narrow in your word choice. Don't explain your reasoning away or give anyone the chance to use your words against you.
Write a termination contract letter A contract termination letter allows you to give written notice of your contract's cancellation. It clearly states intent and limits your liability, which arerequired if you're looking to avoid issues while terminating a contract.
Step 1: Addressing the Correct Individual or Company. Step 2: Stating the Purpose of Termination. Step 3: Including Necessary Details (Contract Number, Date, etc.) Step 4: Mentioning Outstanding Payments or Obligations. Step 5: Closing the Letter Professionally.