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t. F..- 200405934 <br />19.2 Additional Damages Chargeable to Trade Contractor: In addition to the costs specified in Section 19.1 <br />above, SIGNATURE may deduct from the Trade Contract Price and/or otherwise recover from Trade <br />Contractor an amount sufficient to indemnify SIGNATURE and hold SIGNATURE harmless from any <br />loss or liability arising out of Trade Contractor's Work or other involvement in the Project, including, but <br />not limited to, the costs of any claims by others resulting from Trade Contractor's acts or omissions <br />including any judgment or award to or settlement with the claiming party and reasonable attorneys' fees <br />and disbursements incurred defending or resolving such claims. <br />19.3 Termination of Contract with Owner by SIGNATURE: In the event SIGNATURE terminates its <br />contract with the Owner, Trade Contractor shall not be entitled to recover from SIGNATURE more than <br />the sum actually received by SIGNATURE from Owner for work performed and materials, supplies and <br />equipment furnished by Trade Contractor pursuant to this Trade Contract. The rights and remedies of <br />SIGNATURE, other contractors and third parties shall be taken into consideration in SIGNATURE's <br />determination of Trade Contractor's pro rata share of any payments received by SIGNATURE from the <br />Owner, but SIGNATURE's determination of Trade Contractor's pro rata share shall be final and binding. <br />19.4 Termination of SIGNATURE by Owner: In the event the Owner terminates its contract with SIGNATURE, <br />SIGNATURE may deliver a notice of terminatiorr to Trade Contractor, whereupon Trade Contractor shall follow <br />SIGNATURE's directions which may include a direction to Trade Contractor to stop work and terminate its Work. If <br />the Owner elects to assume SIGNATURE's rights and obligations under this Trade Contract, then, in that event, Trade <br />Contractor shall perform the remainder of its duties under this Trade Contract for Owner, and will look solely to <br />Owner for further payments and performance of all outstanding obligations under this Trade Contract. The duties, <br />rights and remedies of SIGNATURE and Trade Contractor pursuant to this Section shall be governed by the rights and <br />remedies provided by applicable law, the Contract Documents and this Trade Contract. <br />19.5 Receipt of Payment from Owner Condition Precedent for Payment for Termination: The right of <br />Trade Contractor to payment from SIGNATURE for any termination shall be subject to the provisions of <br />Section 4.2 and the Contract Documents. In no event shall Trade Contractor be entitled to recover <br />unexpended overhead, unearned profit, or any other damages of any kind whatsoever as the result of any <br />such termination. <br />SECTION 20 <br />Termination for Convenience <br />20.1 SIGNATURE's Right to Terminate: This Trade Contract may be terminated at any time, in whole or in <br />part, by SIGNATURE for its convenience. Any such termination shall be effected by delivery to Trade <br />Contractor of a written notice ( "Notice of Termination ") specifying the extent to which performance of the <br />work is terminated and the date upon which termination becomes effective. <br />20.2 Trade Contractor's Obligations Upon Termination: After receipt of a Notice of Termination, and <br />except as otherwise directed by SIGNATURE, Trade Contractor shall, in good faith, do all things <br />necessary, in the light of such notice and of such requests as SIGNATURE may make, to assist the <br />efficient, proper closeout of the terminated work (including the protection of Owner's property). Trade <br />Contractor shall, unless otherwise directed or approved by SIGNATURE: <br />(a) stop the Work on the date and to the extent specified in the Notice of Termination; <br />(b) enter into no further contracts for services, equipment or materials except as may be necessary for <br />completion of such portion of the Work as is not terminated; <br />(c) terminate all orders and subcontracts to the extent that they relate to the performance of Work <br />terminated by the Notice of Termination; <br />(d) assign to SIGNATURE, in the manner and to the extent directed by SIGNATURE, all of the right, <br />title and interest of Trade Contractor under the orders or subcontracts so terminated, in which case <br />SIGNATURE shall have the right to settle or pay any or all claims arising out of the termination <br />of such orders and subcontracts; <br />(e) with the approval of SIGNATURE, settle all outstanding liabilities and all claims arising out of <br />such termination or orders and Trade Contracts; and <br />Initial " / /61/ <br />17 <br />