Common use of Periodic Review Clause in Contracts

Periodic Review. This Agreement is valid from the [TBA] outlined herein and is valid until further notice. This Agreement should be reviewed at a minimum once per fiscal year; however, in lieu of a review during any period specified, the current Agreement will remain in effect for the term of the contract. The Business Relationship Manager (“Document Owner”) is responsible for facilitating regular reviews of this document. Contents of this document may be amended as required, provided mutual agreement is obtained from the primary stakeholders and communicated to all affected parties. The Document Owner will incorporate all subsequent revisions and obtain mutual agreements / approvals as required. Business Relationship Manager: [Name] (XXXX XX) Review Period: Annually Previous Review Date: [Month/Year] Next Review Date: [Month/Year]