Common use of Major Organizational Changes Clause in Contracts

Major Organizational Changes. ‌ The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in writing in the event of any material change in personnel, address, or phone number. Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's business organization as represented by Contractor in their response to the RFP. If Contractor transfers or sells fifty percent (50%) or more of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than thirty (30) Calendar Days prior to such transfer or sale.

Appears in 2 contracts

Samples: Group Dental Insurance Contract, Group Dental Insurance Contract

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Major Organizational Changes. The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in writing in the event of any material change in personnel, address, or phone number. The Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's ’s business organization as represented by the Contractor in their response to the RFP. If the Contractor transfers or sells fifty percent (50%) or more of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than thirty (30) Calendar Days prior to such transfer or sale.

Appears in 2 contracts

Samples: Contract for Social Security Disability Insurance Eligibility Enrollment Services, Contract for Post Payment Claims Audit Services

Major Organizational Changes. ‌ The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in writing in the event of any material change in personnel, address, or phone number. The Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's ’s business organization as represented by the Contractor in their response to the RFP. If the Contractor transfers or sells fifty percent (50%) or more of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than thirty (30) Calendar Days prior to such transfer or sale.

Appears in 1 contract

Samples: Group Vision Benefits Insurance Contract

Major Organizational Changes. The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in writing in the event of any material change in personnel, address, or phone number. Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's business organization as represented by Contractor in their response to the RFP. If Contractor transfers or sells fifty percent (50%) or more of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than thirty (30) Calendar Days prior to such transfer or sale.

Appears in 1 contract

Samples: Group Dental Insurance Contract

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Major Organizational Changes. The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in writing in the event of any material Material change in personnel, address, address or phone number. The Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's business organization as represented by the Contractor in their response to during the RFPITN. If the Contractor transfers or sells fifty percent (50%) or more of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than thirty (30) Calendar Days prior to such transfer or sale.

Appears in 1 contract

Samples: Employee Assistance Plan Benefit and Services Contract

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