Agreement Change Control Process Sample Clauses

Agreement Change Control Process. (a) Within thirty (30) days after the Commencement Date and for the remainder of the Term, the Parties shall define, establish, implement, document and maintain a Change Control Process for activities, processes, provisions and operations under the Agreement (including each Transaction Document) and to evolve the Services. The purposes and objectives of the Change Control Process are (i) to review each Change Request to the Agreement (including any Transaction Document) and the Services to determine whether such change is appropriate, (ii) to determine whether such change is within the scope of the Services or constitutes a New Service under the applicable Transaction Documents, (iii) to prioritize all Change Requests, (iv) to minimize the risk of exceeding both time and cost estimates associated with the requested changes by identifying, documenting, quantifying, controlling, managing and communicating requested changes and their disposition and as applicable, implementation; and (v) to identify the different roles, responsibilities and actions that shall be assumed and taken by the Parties to define and implement the changes to the Services and to the Agreement (including any Transaction Document). The Project Executives shall be the focal point for all Change Requests and shall be responsible for promptly and diligently effecting the activities set forth above in this Section 6.3 with respect to each Change Request. ----------- (b) The Change Control Process shall include, at a minimum: (i) Changes to the Agreement (including any Transaction Document) and Services may be requested by either Party. Since a change may affect the price, Schedule J, Performance Standards, Minimum Service Levels, Service Credits ---------- and/or other terms, both the Equifax and EDS Project Executives must review and approve, in writing, each Change Request before any Change Request is implemented. (ii) The Party proposing a Change Request will prepare a Change Request Form, describing the change, the rationale for the change and the effect that change will have (if completed) or the impact it will have (if rejected) on the Agreement, any Transaction Document and/or the Services. (iii) Equifax's or EDS's Project Executive, as appropriate, will review the proposed Change Request. If accepted, the Change Request Form will be submitted to the other Party for review. If rejected, the Change Request Form will be returned to the originator along with the reason for rejection. (iv...