Item 1.01 Entry Into a Material Definitive Agreement
On
Highwater may suspend work for a period of not more than 60 days, subject to a potential adjustment in price and contract time, and may terminate for cause after notice and opportunity to cure. Nelson Baker may stop work or terminate if Highwater suspends work for more than 60 days or if Highwater fails to make a payment when due after notice and opportunity to cure. Disputes are subject to mediation and binding arbitration.
Highwater expects that construction will commence before the end of this fiscal year and the Project will be completed during the second fiscal quarter of 2021.
Item 9.01 Financial Statements and Exhibits
(a) None. (b) None. (c) None. (d) Exhibits Exhibit No. Description
99.1
**Confidential information redacted.
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