Initial Notice Addresses:
For KSU:
Jessica Holman Marketing Department 400 East Main Street Frankfort, KY 40601
With Copy to:
General Counsel Kentucky State University 400 East Main Street Frankfort, KY 40601 General.Counsel@kysu.edu
For Contractor:
Ryan Burkett Sr. Partner Stratagon Inc ryan.burkett@stratagon.com
Cancellation
Either party may terminate and cancel this Contract for any reason, with or without cause, upon no less than 30 calendar days' prior written notice. Notice of cancellation shall be sent in the manner described above. Upon the Contractor’s receipt of a notice of cancellation, the Contractor shall discontinue all services with respect to the Contract. The cost of any agreed-upon services provided by the Contractor prior to cancellation will be calculated at the mutually agreed rate prior to the notice of cancellation.
Funding Out Provision
KSU may terminate this Contract—without incurring any obligation for payment after the date of termination—if funds are not appropriated to it or are not otherwise available for the purpose of making payments, regardless of the terms of the Contract. KSU shall provide the Contractor thirty (30) calendar days’ written notice of termination of the Contract due to a lack of available funding.
Confidentiality
The Contractor acknowledges and understands that in order to perform services under this Contract, it may receive confidential information pertaining to KSU or to third parties who may have disclosed confidential information to KSU. The Contractor further acknowledges that it may create materials or documents that include said confidential information as a result of the services performed under this Contract. For the purposes of this Contract, such information, materials, and documents are referred to as “Confidential Information.”