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§ 7.2.3 A demand for azbitration shall be made within a reasonable time after the claim, dispute or other matter in question has arisen. In no event shall the demand for azbitration be made after the date when institution of legal or equitable proceedings based on such claim, dispute or other matter in question would be barred by the applicable statute of limitations. § 7.2.4 I~A~azbitration arising out of or relating to this Agreement shall include, by consolidation or joinder or in any other manner, a;:ra~additional person or entity not a party , . o this Agreement but necessary to resolution of the issues in dispute• 7.2.5 The awazd rendered`by the azbitrator or arbitrators shall be final, and judgment may be entered upon it in accordance with applicable law in any court having jurisdiction thereof. § 7.3 CLAIMS FOa GON5E4UENTIAL DAMAGES nless the parties otherwise atrtee in writing, the Architect and the Owner shall be entitled to claim consequential damages for claims, disputes or other matters in question arising out of or relafing to this. Agreement. ARTICLE 8 TERMINATION OR SUSPENSION § 8.1 If the Owner fails to make payments to the Architect in accordance with this Agreement, such failure shall be considered substantial`nonperformance and cause for termination or, at the Architect's option, cause for suspension of performance of services under this Agreement. If the Architect elects to suspend services, prior to suspension of sei~ices, the Architect shall'give seven days' written notice to the Owner. In the event of a suspension of Services, the Architect shall have no liability to the Owner for delay or damage caused the Owner because of such suspension of services.. Befoitt= resuming services, the Architect shall be paid all sums due prior to suspension and any expenses incurred in the`interruption and resumption of the Architect's services. The Architect's fees for the remaining services and the time schedules shall be equitably adjusted. 8.2 If the project is suspended`liq the Owner for more than 3~thirt 0 consecutive days, the Architect shall be compensated for services performed prior to notice of such suspension. When the Project is resumed, the Architect shall be compensated for expenses incurred in the interruption and resumption of the Architect's services. The Architect's fees. for the remaining services and the time schedules shall be equitably adjusted. I § 8~3 If the Project is suspended or the Architect's services are suspended for more than ninety (901 consecutive days, the Architect may terminate this Agreement by giving not less than seven days' written notice. § 8.4 This Agreement rt~ay be terminated by either party upon not less than seven days' written notice should the other party fail. substantially to perform in accordance with the terms of this Agreement through no fault of the party initiating the termination. § 85 This Agreement may be terminated by the Owner upon not less than seven days' written notice to the I Architect for the Owner's convenience and without cause. § 8,6'In the event of termination not the fault of the Architect, the Architect shall be compensated for services performed prior to termination, together with Reimbursable Expenses then due and all Termination Expenses as defined in Section 8.7. § 8.T Termination Expenses are in addition to compensation for the services of the Agreement and include expenses directly attributable to termination for which the Architect is not otherwise , ompensated. AIA Document B1S1TM -1997. Copyright ®1974, 1978, 1987 and 1997 by The American Institute of Architects. All rights reserved. WARNING: This AIA's Document.is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIA°A Document, or any 1'I portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. This document was produced by AIA software at 08:16:55 on 04/11/2007 under Order No.1000258264_1 which expires on 10/412007, and is not for resale. User Notes: (1309649842)