INTRODUCTION TO THE CONTRACT Sample Clauses

The 'Introduction to the Contract' clause serves to provide an overview of the agreement, outlining the parties involved, the general purpose of the contract, and the context in which it is being entered. Typically, this section identifies the contracting entities, states the effective date, and summarizes the main objectives or scope of the agreement. By setting the stage for the rest of the document, this clause ensures that all parties have a clear understanding of the contract’s intent and foundational terms, thereby reducing ambiguity and establishing a common framework for interpretation.
INTRODUCTION TO THE CONTRACT. 3.1 The Contract 7 3.2 The Owner 7 3.3 The Annuitant 7 3.4 The Beneficiary 7
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INTRODUCTION TO THE CONTRACT. 3.1 The Contract
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INTRODUCTION TO THE CONTRACT. 3.1 The Contract ..................................................................................................................... 7 3.2 The Owner ......................................................................................................................... 7 3.3 The Annuitant .................................................................................................................... 7 3.4 The Beneficiary ................................................................................................................. 7 4.1 Premium ........................................................................................................................... 9 4.2 Guarantee Periods ............................................................................................................. 9
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INTRODUCTION TO THE CONTRACT. 3.1 The Contract This Contract and any attached application, amendments, or Endorsements constitute the entire contract between you and us. It is issued in consideration of the Single Premium. Only our President, a Vice President or Secretary is authorized to change or modify any of this Contract’s terms, provisions or requirements. Any such change must be in writing. We may make changes to this Contract if required by law, including any changes necessary to continue to qualify such Contract as an annuity contract under applicable law. An Endorsement added to comply with applicable law does not require your consent but is subject to regulatory approval. Any such changes will apply uniformly to all contracts that are affected. The provisions of this Contract shall, in all events, be construed to comply with applicable U.S. federal income tax requirements including the requirements of Section 72(s) of the Code.
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INTRODUCTION TO THE CONTRACT. Due to the absence of an item in the collective labor contract,concluded between the first team (Al-Numeira Co. For Mixed Salt and Clay) And the second Party (General Union of Workers in Mining and Mines of Jordan) on 16/3/2015 cancels the item No. (3) of the previous collective contract signed between the two parties on 17/3/2013, which reads as follows: 'The first party shall be granted to the employee who ends his employment by resigning, retirement or death, a financial incentive of (24) twenty four times the total salary' 'Which was replaced by item (2) of the collective labor contract concluded on 16/3/2015: The two sides agreed on the following:
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INTRODUCTION TO THE CONTRACT. The contract describes the intern’s goals, the methods by which those goals will be achieved, and the standards for evaluation of the intern’s performance. The internship should provide professional growth and development, and an increased knowledge of biological and/or environmental principles. Each contract is constructed individually through negotiation among the intern, the field supervisor, and the faculty supervisor. All parties are encouraged to keep a copy of this contract for your records; originals should be submitted to the Biology Advising Center in the Biology/Physics Building, Room 101.
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Related to INTRODUCTION TO THE CONTRACT

  • PARTIES TO THE CONTRACT This Contract is solely between the Company and the SBA which administers the FHCF. In no instance shall any insured of the Company or any claimant against an insured of the Company, or any other third party, have any rights under this Contract, except as provided in Article XIV. The SBA will only disburse funds to the Company, except as provided for in Article XIV of this Contract. The Company shall not, without the prior approval of the Office of Insurance Regulation, sell, assign, or transfer to any third party, in return for a fee or other consideration any sums the FHCF pays under this Contract or the right to receive such sums.

  • Confirmation to the Company If acting as sales agent hereunder, the Agent will provide written confirmation to the Company no later than the opening of the Trading Day next following the Trading Day on which it has placed Shares hereunder setting forth the number of shares sold on such Trading Day, the corresponding Sales Price and the Issuance Price payable to the Company in respect thereof.

  • Schedules to the Contract Any schedule to this Contract may be amended or additional schedules may be included, as deemed necessary from time to time by agreement between the parties to this Contract. Each schedule and any amendments thereto shall be dated and signed by the parties to this Contract.

  • Notification to the Union The Employer shall advise the Union of the appointment, termination, or change of status of each Employee in the bargaining unit in accordance with Article 8.06.

  • CHANGES TO THE CONTRACT All contract modifications must be approved by the Dinwiddie County Administrator or his designee. The County will not assume responsibility for the cost of any changes made without proper consent. No fixed-price contract may be increased by more than twenty-five percent (25%) or $50,000, whichever is greater, without advance approval of the Dinwiddie County Board of Supervisors. Changes can be made to the contract in any of the following ways: A. The parties may agree in writing to modify the terms, conditions, or scope of the contract. Any additional goods or services to be provided shall be of a sort that is ancillary to the contract goods or services, or within the same broad product or service categories as were included in the contract award. Any increase or decrease in the price of the contract resulting from such modification shall be agreed to by the parties as a part of their written agreement to modify the scope of the contract. B. The County may order changes within the general scope of the contract at any time by written notice to the Contractor. Changes within the scope of the contract include, but are not limited to, things such as services to be performed, the method of packing or shipment, and the place of delivery or installation. The Contractor shall comply with the notice upon receipt, unless the Contractor intends to claim an adjustment to compensation, schedule, or other contractual impact that would be caused by complying with such notice, in which case the Contractor shall, in writing, promptly notify the County of the adjustment to be sought, and before proceeding to comply with the notice, shall await the County’s written decision affirming, modifying, or revoking the prior written notice. If the County decides to issue a notice that requires an adjustment to compensation, the Contractor shall be compensated for any additional costs incurred as the result of such order and shall give the County a credit for any savings. Said compensation shall be determined by one of the following methods: 1. By mutual agreement between the parties in writing; or 2. By agreeing upon a unit price or using a unit price set forth in the contract, if the work to be done can be expressed in units, and the Contractor accounts for the number of units of work performed, subject to the County’s right to audit the Contractor’s records and/or to determine the correct number of units independently; or 3. By ordering the Contractor to proceed with the work and keep a record of all costs incurred and savings realized. A markup for overhead and profit may be allowed if provided by the contract. The same markup shall be used for determining a decrease in price as the result of savings realized. The Contractor shall present the County with all vouchers and records of expenses incurred and savings realized. The County shall have the right to audit the records of the Contractor as it deems necessary to determine costs or savings. Any claim for an adjustment in price under this provision must be asserted by written notice to the County within thirty (30) days from the date of receipt of the written order from the County. Neither the existence of a claim nor a dispute resolution process, litigation or any other provision of this contract shall excuse the Contractor from promptly complying with the changes ordered by the County or with the performance of the contract generally.