Type and Term of Contract Sample Clauses

Type and Term of Contract. 1. Following the start of a procurement procedure in accordance with Article 13, the SPPSC shall approve in accordance with Article 7, on: (a) the type of contract that will be awarded on the basis of the principles laid down in Article 101 of the Financial Regulation and Articles 121 and 122 of the Rules of Application; (b) the duration of the framework contract as well as on the arrangements for its review in accordance with the first subparagraph of Article 122(1) and Article 122(4)
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Type and Term of Contract. Article 1 The following type 1 is adopted as the form of this Contract. 1. Fixed-term labor contract: The contract term lasts for 3 years, i.e. from November 13, 2020 to November 12, 2023. The probation period lasts for 3 months, i.e. from date of November 13, 2020 to date of February 2, 2021 . 2. Non-fixed-term labor contract: The contract starts from the date of___/___ and ends when the conditions for termination agreed in Article 24 of this Contract appear. The probation period lasts for 3 months, i.e. from date of ___/___ to date of ___/___. 3. Labor contract with term determined by completion of certain work task: The contract starts from the date of ___/___ and is terminated on the next day after the work tasks of ___/___ is completed and all the relevant technical data is fully archived. The symbol for the completion of the task is ___/___.
Sample 1
Type and Term of Contract. This contract is an Indefinite‐Delivery, Indefinite‐Quantity (IDIQ) type of contract with fixed unit prices and labor hour prices. The effective period of this contract is for a base term of three (3) years and three (3) months from date of award and, at the option of the government, six successive one‐year option years. Task orders under this contract can be Fixed Price or Time and Material.
Sample 1Sample 2
Type and Term of Contract. This contract is an Indefinite-Delivery, Indefinite-Quantity (IDIQ) type of contract with fixed unit prices and labor hour prices. The effective period of this contract is for a base term of three (3) years and three (3) months from date of award and, at the option of the government, six successive one-year option years. Task orders under this contract can be Fixed Price or Time and Material. This contract is an Indefinite-Delivery, Indefinite-Quantity (IDIQ) type of contract with fixed unit prices and labor hour prices. The effective period of this contract is for a base term of four years from date of award and, at the option of the government, six successive one-year option years. Task orders under this contract can be Fixed Price or Time and Material.
Sample 1Sample 2
Type and Term of Contract. The State intends to sign a contract with one or more Respondent(s) to fulfill the requirements in this RFP. The term of the contract shall be for a period of two (2) years from the date of contract execution. There may be two (2) one-year renewals for a total of four (4) years at the State’s option.
Sample 1
Type and Term of Contract. 1.1 Party A and Party B agree to determine the term of the Contract by the ( ) method as follows: (1) Fixed-term labor contract: From MM/DD/YY to MM/DD/YY. The Contract may be renewed upon its expiration through consultation by both parties; if either party or both parties are unwilling to renew the Contract, the Contract shall be terminated. If any of the circumstances under Article 42 of the Labor Contract Law occurs to Party B, the Contract shall be extended in accordance with Article 45 of the Labor Contract Law until the circumstances disappear. (2) Unfixed-term labor contract: From MM/DD/YY. Where Party B meets one of the circumstances specified in Article 14 of the Labor Contract Law and proposes or agrees to sign an unfixed-term labor contract, both parties shall conclude an unfixed-term labor contract. (3) The Contract shall start from MM/DD/YY and terminate upon the completion of the work task (the work is determined by Party A in advance and the completion target is definite and specific). 1.2 Where the date when Party B starts to work is inconsistent with the date stipulated in the Contract, the actual onboarding date shall be taken as the starting time of the Contract to establish labor relations.
Sample 1

Related to Type and Term of Contract

  • Term of Contract and Termination (1) This Contract shall enter into force with retroactive effect on Contract award. It documents the mutual rights and obligations on the delivery of gas by the Supplier on the basis of one or more successful tenders in the OGE call for tenders for fuel gas. This Contract shall end at the end of the delivery period without notice having to be given. (2) Notwithstanding paragraph 1, this Contract may be terminated with immediate effect for reasonable cause. Without limitation, the infringement of a major obligation under this Contract by one of the Parties or a change by the Federal Network Agency to other requirements which are binding on OGE regarding the procurement of fuel gas shall constitute reasonable cause. This Contract may also be terminated with immediate effect in the event of repeated significant infringements of this Contract. (3) Notice of termination shall not be valid unless made in writing.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • Term of Contract The term of this Contract shall be one (1) year commencing on the last date of approval by DIR and Vendor. Prior to expiration of the original term, DIR and Vendor may extend the Contract, upon mutual agreement, for up to three (3) optional one-year terms. Additionally, the parties by mutual agreement may extend the term for up to ninety (90) additional calendar days.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the Company code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Company is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

  • Conditions Term of Agreement 93 3.1 Conditions Precedent to the Initial Extension of Credit ............................................. 93 3.2 Conditions Precedent to all Extensions of Credit ........................................................ 93 3.3 Maturity ........................................................................................................................... 93 3.4

  • Contract Term and Termination 14.1 The Contract becomes effective when the Holder / Authorized user receives the card and the PIN and is valid for a period of 60 months with the possibility of being automatically extended for new successive periods of 60 months. If neither party sends the other party a written notification at least 30 days before the expiry of the initial term or of any of the extended terms, specifying that it does not wish to extend the Contract.

  • Scope of Services and Term Subject to the provisions for early termination as set forth herein, the Contractor agrees that it will perform the Services enumerated in the scope of services attached hereto as Exhibit A and incorporated herein by reference (the “Scope of Services”) for a term of five years (5) beginning , 2023 through , 2028 (the “Term”). The Authority in its sole discretion may extend the Agreement for two (2) additional one-year periods, for a potential maximum term of *** (**) years. The Authority will provide any such renewal notice in writing at least thirty (30) days prior to expiration of the Agreement. The maximum payment for the Term is set forth in Section II(a). All work shall be diligently performed by the Contractor in an economical, expeditious and professional manner.

  • Effective Date Term and Termination 1.1 The effective date ("EFFECTIVE DATE") of this Agreement shall be the date first above written. 1.2 The term of this Agreement ("TERM") commences on the Effective Date, and unless the Agreement is terminated pursuant to Section 1.3 or 1.4, it shall continue in force until "Completion Date" (as defined in Section 3.2). 1.3 Each party may terminate this Agreement (effective immediately upon written notice) if the other party materially breaches any provision of this Agreement if such breach continues and is not cured within [***] after written notice thereof by the non-breaching party, including the nature of the breach upon which such notice is based. SVI may terminate this Agreement upon written notice to Customer if Customer fails to pay, within [***] of a Payment Date, any amount payable hereunder. SVI may suspend its performance of services under the terms of this Agreement pending receipt of such payment. Any such termination by SVI shall not affect SVI and Customer's respective rights with respect to any Deliverables and/or Professional Services delivered or performed and fully paid during the Term. 1.4 Customer may terminate this Agreement during the Term (a) upon written notice to SVI after [***] prior written notice, provided that Customer shall remain obligated to pay to SVI all amounts due SVI to such termination date (b) upon [***] written notice to SVI after a change of control (as defined in Section 13.1), or (c) on the occurrence of any of the following: (i) an assignment by SVI for the benefit of creditors; (ii) the appointment of a trustee or receiver for substantially all of SVI's assets; or (iii) to the extent termination is enforceable under the U.S. Bankruptcy Code, a proceeding in bankruptcy is instituted against SVI which is acquiesced in, is not dismissed within [***], or results in an adjudication of bankruptcy. 1.5 After expiration or termination of this Agreement for any reason, other than related to Customer's breach, SVI shall promptly deliver any partially-created Deliverable that exists as of the expiration or termination date; provided that Customer pays SVI all amounts then due SVI. Upon delivery, such Deliverable shall be considered a "Deliverable" for all purposes hereunder. 1.6 Subject to each party's rights, remedies and defenses relating to any breach by the other party, the provisions of Sections 1.5, 1.6, 6 (with respect to Deliverables delivered in the Term, subject to Section 1.5), 9.1 (with respect to fees accrued prior to expiration or termination), 9.3, 12.2(a), 12.3-12.7, 14-33 shall survive expiration or termination of this Agreement (including the Revenue Sharing Term in Section 17.1) for any reason. [***] = Confidential Treatment Requested

  • Definitions and Terms Term Definition

  • Agreement and Term This Agreement records the Parties' agreement that:

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