Term definition
Examples of Term in a sentence
Employee’s services shall be exclusive to the Company during the Term.
Customers shall use a Request for Quote per section 287.056(2), Florida Statutes, when making purchases off of this State Term Contract.
The Department intends to issue a supplemental Invitation to Bid on an annual basis for the remaining term of the State Term Contract beginning in 2024.
This Agreement will continue in effect for a period commencing on the date first written above and ending on December 31, 2027 (the “Initial Term”), subject to automatic renewal for additional successive three year periods, and may be terminated by any party hereto, without penalty, upon sixty (60) days’ prior written notice to the end of the Initial Term or the end of any automatic renewal term.
Additionally, current Vendors on the State Term Contract may submit supplemental bids annually beginning in 2024 to prequalify for additional Job Titles.