Common use of PROJECT SUBCONTRACT Clause in Contracts

PROJECT SUBCONTRACT. 4.1 In the event of a contract award to the Team Leader, the Parties shall immediately commence good faith negotiations of a subcontract consistent with the terms of this Agreement, the applicable Proposal, and the applicable prime contract, as may be appropriate, encompassing the Team Member's proposed portion of the Project. The Team Leader agrees to use its best efforts to secure approval of such subcontract by the Client in the event such approval is necessary. Team Leader, with Team Member's agreement, may authorize Team Member to begin work, at the direction of the Team Leader, prior to execution of the subcontract, for the specific Project, subject to the terms of the model form subcontract agreement referred to in Section 2.3, above. 4.2 The specific work to be performed by the Team Member will be described in the applicable subcontract and/or in orders issued thereunder by Team Leader from time to time. Article V below describes generally the products and services to be provided by the Parties with respect to Projects. 4.3 The subcontract with the Team Member shall include, among other appropriate provisions, those provisions for the prime contract between the Team Leader and the Client which the prime contract requires are to be flowed down to a subcontractor, provided that Team Member either was aware of such flow-down requirement before preparation of Team Member's portion of the Proposal or subsequently agrees to such provisions. Team Member will advise Team Leader, prior to submission of the Proposal, of any such flow-down provisions of the proposed Client prime contract as to which Team Member takes exception; any such provisions, of which Team Member was aware, to which exception is not taken will be included in the subcontract.

Appears in 4 contracts

Samples: Joint Marketing and Services Agreement (Ixc Communications Inc), Joint Marketing and Services Agreement (Psinet Inc), Joint Marketing and Services Agreement (Psinet Inc)

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