BILATERAL AMENDMENT Sample Clauses

BILATERAL AMENDMENT. Either party to this Agreement may modify this Contract by execution of a mutually agreed upon written amendment signed by both parties.

BILATERAL AMENDMENT. In the following circumstances, modifications shall be made by an amendment signed by the Contractor, the Executive Director of the Department and the State Controller's designee. Such amendments must be executed by the Contractor, then the State, and are binding upon proper execution by the State Controller's designee. i) Unless otherwise specified in the "Budget" section of Exhibit A, when cumulative budgetary line item changes exceed twenty thousand dollars ($20,000.00); ii) Unless otherwise specified in the "Budget" section of Exhibit A, when any budget transfers to or be- tween administration budgetary categories are proposed; iii) When any other material modifications, as determined by the State, are proposed to Exhibit A or any other exhibits; iv) When additional or less funding is needed and approved and modifications are required to Para- graph 11 of this Contract, Compensation and Method of Payment as well as to Exhibit A, "Budget" and "Payment Schedule"; v) When there are additional federal statutory or regulatory compliance changes in accordance with Pa- ragraph 20 of this Contract. Such Bilateral Amendment may also incorporate any modifications allowed to be made by Unilateral Amend- ment as set forth in subparagraph 16.b) of this paragraph. Upon proper execution and approval, such amendment (Exhibit C2) shall become an amendment to the Con- tract, effective on the date specified in the amendment. No such amendment shall be valid until approved by the State Controller or such assistant as he may designate. All other modifications to this Contract must be accomplished through amendment to the Contract pursuant to fiscal rules and in accordance with subparagraph 16.d).