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The CON after TRACTOR hereby agrees to commence work withidn {o substant lly complete <br />date written notice to do so shalle t e b20~ ~enda~ days after the date of the written <br />the same within one hundred tw y( <br />to commence work, subject to the extensions of time as are provided by the <br />notice <br />General Conditions of the contract. <br />nd CONTRACTOR recognize that time is of the ese t is no c ompO ed W hin <br />pWNER a <br />G n change o roders granted pursuant to t a he <br />will suffer financial loss if the ~^'os ions allowed <br />the time specified plus any exten dela <br />enses eneral Conditions. OWNER and CONTRACTOR rea $ y ruOWNER if th work to be <br />difficulties involved in proving the actual loss suffer <br />leted in the Project is not completed on time. Accor ais g1Yuidated damages forg <br />comp <br />any such proof, OWNER and CONTRACTOR agree t a q <br />ut not as a penalty), CONTRACTOR shall pay OW af er the time specifi d <br />delay (b <br />Dollars ($250.00) per calendaW~dr for each day that expires <br />herein for completion of the <br />SS THEREOF, the parties to these presents have executed this Agreement in <br />IN WITNE <br />the year and day first above written. <br />Party, First Part (OWNER) <br />By: - <br />P,TTEST: <br />(SEAL) <br />Party, Second Part (CONTRACTOR) <br />By: <br />ATTEST: <br />(SEAL) <br />SECTION IV - 2 <br />