LTS Contribution Clause Samples

The LTS Contribution clause defines the obligations and terms under which a party contributes to the Long-Term Support (LTS) of a product, project, or software. Typically, this clause outlines the nature of the contributions—such as code, resources, or funding—and may specify the duration, scope, and standards required for ongoing support. For example, it might require a party to provide security updates or bug fixes for a defined period after the initial release. The core function of this clause is to ensure sustained maintenance and reliability of the product or service, addressing the need for continued support beyond initial delivery.
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LTS Contribution. LTS shall use its Commercially Reasonable Efforts to perform the Development Activities. LTS shall document the Development Activities. LTS shall purchase, qualify, test, inspect and approve all Components for the Development Activities at its costs.
LTS Contribution. LTS shall use its Commercially Reasonable Efforts to perform the Development Work and to perform the Development Work in accordance with the Quality agreement and all applicable laws and regulations, including standards of cGMP.

Related to LTS Contribution

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.