Art.11) Force Majeure Clause
11.1 The Parties shall not be responsible for defaults or delays or casualties or other contractual breaches arising from or due to acts of force majeure such as war, civil unrest, fire, Civil protest, epidemics, government restrictions, earthquakes and typhoons, rainy season, adverse weather conditions. In the event of the occurrence of any of the foregoing, the time for the affected Party’s performance shall be extended for a period equal to the time lost by reason of the delay which shall be remedied with all due dispatch in the circumstances. In the event any of the foregoing causes a delay in the Construction Works the CONTRACTOR will notify the CLIENT in writing within seven (7) days the new completion date and update the Work Schedule that becomes contractually binding value.
11.2 If by reason of the events described in the above paragraph, the CONTRACTOR and/or the CLIENT are unable to perform its obligations under this Contract for a continuous period of one (1) year, both parties may terminate this Contract by giving written notice thereof not less than one (1) month in advance.