Common use of Review and Amendments Clause in Contracts

Review and Amendments. Both parties agree that despite extensive research and outreach to a national network of small liberal arts colleges and a West Coast network of private colleges and universities, neither the AAMC nor the College has been able to identify any school whose alumni association fundraises on its own behalf or separately for purposes of making gifts to its respective school. This absence of any comparable or instructive models requires particularly thoughtful, collaborative planning and regular review of the points above. Hence, the College and the AAMC will jointly monitor the effects of fundraising operations on the amount of philanthropic support coming to the College as well as the costs of AAMC communications supported by the College. Both parties agree to amend this agreement as needed to utilize alternate fundraising and communications strategies and ensure optimal philanthropic support of the College. This document and any provisions therein may be amended as necessary upon review and in order to attain mutual goals. Any amendment to this agreement must be in a written document signed by both parties.