Fee Increase. On each anniversary of the Effective Date, UST is entitled to increase the rates and fees specified in this Agreement and any SOWs entered into hereunder by the greater of five percent (5%) and the percentage change in the UK Retail Prices Index (or its replacement index from time to time) during the 12-month period immediately preceding the proposed date of increase of such rates or fees.
Appears in 2 contracts
Sources: Master Services Agreement, Master Services Agreement