Common use of Periodic Assessments Clause in Contracts

Periodic Assessments. The parties shall at periodic intervals undertake an assessment of the overall effectiveness on this Agreement. This assessment shall examine and consider, among any other factors deemed relevant and useful by the parties: (1) the parties’ experience with the Agreement; (2) the degree to which the Agreement and its implementation is consistent with the intent of the parties; and (3) whether the Agreement is effectively addressing each parties’ objectives and interests. This process for conducting the assessment shall be mutually agreed upon by the parties and shall include active solicitation of broad public participation. Either party may recommend modifications to or termination of this Agreement as a result of these assessments. The first assessment pursuant to this Section shall be conducted within three years of the effective date of this Agreement. The initial assessment and each subsequent assessment shall include an agreed upon date for the next assessment.

Periodic Assessments. The parties Parties shall at periodic intervals undertake an assessment of the overall effectiveness on this Agreement. This assessment shall examine and consider, among any other factors deemed relevant and useful by the partiesParties: (1) the partiesParties’ experience with the Agreement; (2) the degree to which the Agreement and its implementation is consistent with the intent of the partiesParties; and (3) whether the Agreement is effectively addressing each partiesParties’ objectives and interests. This process for conducting the assessment shall be mutually agreed upon by the parties Parties and shall include active solicitation of broad public participation. Either party Party may recommend modifications to or termination of this Agreement as a result of these assessments. The first assessment pursuant to this Section shall be conducted within three years of the effective date Effective Date of this Agreement. The initial assessment and each subsequent assessment shall include an agreed upon date for the next assessment.