Common use of TERM AND RENEGOTIATION Clause in Contracts

TERM AND RENEGOTIATION. The provisions of this MOU are retroactive to, and shall be effective from and after, January 1, 2011, unless otherwise specified. This MOU shall expire at 12:00 midnight on December 31, 2012, except as otherwise provided by state law. In the event either party desires to negotiate a successor MOU, such party shall serve upon the other, prior to the expiration of this MOU, its written request to negotiate a successor MOU. Both parties agree to use their best efforts to complete negotiations on a successor MOU.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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TERM AND RENEGOTIATION. The provisions of this MOU are retroactive to, and shall be effective from and after, January 1, 20112014, unless otherwise specified. This MOU shall expire at 12:00 midnight on December 31, 20122018, except as otherwise provided by state law. In the event either party desires to negotiate a successor MOU, such party shall serve upon the other, prior to the expiration of this MOU, its written request to negotiate a successor MOU. Both parties agree to use their best efforts to complete negotiations on a successor MOU.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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