Common use of Standards for Performance Clause in Contracts

Standards for Performance. A. Both Parties agree to develop two-way performance metrics by which performance under this Agreement will be evaluated. A scorecard with key performance indicators and metrics will be jointly developed by September 30, 2007 (the “Performance Scorecard”). Performance bands will be set forth as follows on the Performance Scorecard for the determination of aggregate average quarterly scores: (i) Acceptable; (ii) Immediate action; and (iii)