5 Terminationfor Convenience 3.5.1 The COMPANY shall have the right at any time at COMPANY's sole election and without assigning any reason, to terminate all or part of this CONTRACT or a WORK RELEASE by giving the CONTRACTOR a seven (7) day prior written notice of such intention. CONTRACTOR shall cease all its activities in relation to the WORK immediately or as otherwise instructed in the written instructions of the COMPANY, and the CONTRACT or the WORK RELEASE, as applicable shall come to an end after the expiry of the said 7 day notice. Save and except for the payment specifically stated in Article 3.5.2 below, the COMPANY shall not be liable to the CONTRACTOR for (a) any compensation whatsoever for the termination, (b) the Mobilisation Fees and Demobilisation Fees, and ( c) any costs, expenses, fees, or any other expenditure of any nature incurred or committed by the CONTRACTOR GROUP including the cost of personnel and equipment. 3.5.2 In the event a notice of termination under Article 3.5.1 is given or deemed given to the CONTRACTOR: 3.5.2.1 after the Mobilization Date the CONTRACTOR shall be entitled to payment at the rates and prices set out in Section IX - CONTRACT PRICE SCHEDULE for: (i) the WORK performed in accordance with the CONTRACT up to the time of termination, (ii) (iii) other reimbursable documented amounts then duly due and payable by COMPANY to the CONTRACTOR pursuant to this CONTRACT; and subject to any sharing arrangement of the Mobilisation Fee and Demobilisation Fee as contemplated under Section IX - CONTRACT PRICE SCHEDULE , the initial Mobilisation Fee (if such fee has not been paid by COMPANY at the time of Mobilisation or during performance of WORK) and Demobilisation Fee in accordance with Mobilisation/Demobilisation fees set out in Section IX - CONTRACT PRICE SCHEDULE, less any amounts due or owing by the CONTRACTOR to COMPANY. 3.5.2.2 prior to the Mobilization Date, the CONTRACTOR shall be entitled to only the Mobilisation Fee and Demobilisation Fee in accordance with the provisions set out in Section IX - CONTRACT PRICE SCHEDULE, subject to any sharing arrangement of the Mobilisation Fee and Demobilization Fee as contemplated under Section IX - CONTRACT PRICE SCHEDULE. In this regard, the CONTRACTOR agrees that the sharing portion of the total Mobilisation Fee and Demobilisation Fee for which the COMPANY is specifically liable to pay resulting from any written sharing arrangement with its assigns (if any) and/or other operator (if any) that may contract or may have contracted directly with CONTRATOR to use the Vessel in Vietnam and consented to by the CONTRACTOR, is hereby expressly waived by the CONTRACTOR in favor of the COMPANY. For the avoidance of doubt, the total Mobilisation Fee and Demobilization Fee for the purpose of any such sharing arrangement agreed to amongst the foregoing parties shall be the total Mobilisation Fee and Demobilization Fee stated in Section IX as if the COMPANY sharing portion thereof has not been hereby waived by the CONTRACTOR hereunder. 3.5.3 In the event of any conflict between any provision in this Article 3.5 and any other provisions in this CONTRACT (particularly the other provisions in this Article 3, the Article entitled Suspension, the Article Indemnity and Liability, and the Article entitled Force Majeure the provisions in this Article 3.5 shall prevail to the extent of such conflict.
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