Common use of Upgrade of Program Clause in Contracts

Upgrade of Program. New Agreement with Client. In the event the Client desires to up- grade to another AEPC™ PistonPower™ Airframe or Engine Maintenance Program Agreement at any time during the term of this Agreement, the Client shall provide writ- ten notice to AEPC™ requesting the upgrade. Such notice shall include the program type and the desired effective date of such upgrade. If the Client is in full compliance with the terms and conditions of this Agreement at the time of the proposed upgrade, then AEPC™ and the Client shall take all necessary steps to arrange for the execution and de- livery of a new agreement between AEPC™ and the Client under the desired program, subject to the then-current AEPC™ terms and conditions. This Agreement shall be ter- minated as of the date AEPC™ and the Client enter into the new agreement, and neither AEPC™ nor the Client shall have any further obligations under this Agreement.

Upgrade of Program. New Agreement with Client. In the event the Client desires to up- grade to another AEPC™ PistonPower™ Airframe or Engine Maintenance Program Agreement at any time during the term of this Agreement, the Client shall provide writ- ten written notice to AEPC™ requesting the upgrade. Such notice shall include the program type and the desired effective ef- fective date of such upgrade. If the Client is in full compliance with the terms and conditions condi- tions of this Agreement at the time of the proposed upgrade, then AEPC™ and the Client shall take all necessary steps to arrange for the execution and de- livery delivery of a new agreement agree- ment between AEPC™ and the Client under the desired program, subject to the then-then- current AEPC™ terms and conditions. This Agreement shall be ter- minated terminated as of the date AEPC™ and the Client enter into the new agreement, and neither AEPC™ nor the Client shall have any further obligations under this Agreement.