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2026-217-E-Economic Dev-Colonial Inn Hillsborough-America 250
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2026-217-E-Economic Dev-Colonial Inn Hillsborough-America 250
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Last modified
6/11/2026 1:33:46 PM
Creation date
6/11/2026 1:33:41 PM
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Contract
Date
5/27/2026
Contract Starting Date
5/27/2026
Contract Ending Date
6/3/2026
Contract Document Type
Contract
Amount
$5,400.00
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A. Initial Deposit-Save the Date. Client and Caterer shall book Caterer’s services for a date <br />certain, specifically July 4th 2026 , 2026_, (the “Saved Date”). Client and Caterer <br />have determined that the anticipated headcount is 100 and the per person cost is $8 <br />, for an anticipated total cost of $5,782.50 . Contemporaneously with the execution of this <br />Contract, Client shall make an Initial Deposit of thirty percent (30%) of the anticipated total cost or <br />$1,734.75 . Client understands that this Initial Deposit in NON-REFUNDABLE and has been <br />fully earned by Caterer. <br />B. Final Payment. Thirty (30) days prior to the Saved Date, Client and Caterer shall finalize the <br />headcount, menu and any other outstanding decisions or actions. Client and Caterer will determine <br />that the anticipated headcount and the per person cost. This calculation shall be memorialized in a <br />writing executed by Client and Caterer. Contemporaneously with the execution of this writing, Client <br />shall make the Final Payment (after application of the Initial Deposit) of the remaining balance due <br />and payable. Client understands that this FINAL PAYMENT is NON REFUNDABLE. Client <br />understands that all non-refunded amounts have been fully earned by Caterer. <br />C. Reconciliation Payment, In the event that the headcount increases after the Final Payment is <br />made, Caterer shall be entitled to a Reconciliation Payment which shall be made not less than five <br />(5) business days prior to the event. <br />5. CANCELLATION AND CHANGES. Client and Caterer understand that circumstances, <br />including those beyond the control of either may happen. In such matters, the following shall control: <br />A. Cancellation or Reschedule after Initial Deposit-Save the Date but Before Final Payment. <br />If the event is canceled for any reason after the Initial Deposit has been made, but before the Final <br />Payment has been made, Caterer shall be entitled to retain the Initial Deposit as earned and this <br />Contract shall be terminated without further obligation owed by one party to the other. If the event <br />needs to be rescheduled, Caterer and Client shall work in good faith to change the Saved Date, in <br />which case, this Contract shall be modified but not terminated. If a new Saved Date cannot be <br />determined, this Contract shall be terminated without further obligation owed by one party to the <br />other. <br />B. Cancellation after Final Payment. If the event is canceled for any reason after the Final Payment <br />has been made, the Caterer shall be entitled to retain one hundred percent (100%) of the total <br />compensation received. Caterer shall remit the food and beverage in un-prepared or uncooked form <br />to Client if food and beverage have been ordered. <br />C. Change in Headcount.In those cases where the headcount changes after the Final Payment has <br />been made, Caterer will use its best efforts to accommodate the change. Caterers shall be entitled to <br />a guaranteed minimum equal to seventy percent (70%) of the headcount as determined and <br />memorialized with the Final Payment. In those cases with: <br />I. an increase in the headcount, Caterer shall be entitled to the Reconciliation Payment as set forth <br />above; <br />ii. a decrease in the headcount of less than fifteen percent (15%), Caterer shall be entitled to one <br />hundred percent (100%) of the Final Payment; <br />Docusign Envelope ID: 81E70FE8-9A24-81FC-800F-BE2FD1BCD37E
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