Common use of Fees adjustments Clause in Contracts

Fees adjustments. The Parties agree that the Fees indicated in each Order From will be subject to an automatic annual revision on the anniversary date of the Contract based on the increase of the SYNTEC index (available at xxxxx://xxx.xxxxxx.xx/indicateurs/indice-syntec/) and according to the following formula: F1 = F0 x (S1 / S0) Where: F1: revised Fee F0: initial Fee S0: SYNTEC index at the Effective Date or at the date of the last revision, whichever date is most recent S1 : last SYNTEC index published at the date of the contemplated revision