Statement of Work for Services Clause Samples

The Statement of Work for Services clause defines the specific tasks, deliverables, and responsibilities that a service provider is expected to perform under a contract. It typically outlines the scope of services, timelines, performance standards, and any milestones or reporting requirements. By clearly detailing what is to be done and how it will be measured, this clause ensures both parties have a mutual understanding of expectations, reducing the risk of disputes and misunderstandings during the course of the engagement.
Statement of Work for Services. Advise the Company on the operational efforts relating to the industrialization of the Company’s technology
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Statement of Work for Services. 13.1. The Members and the Company contemplate that the Company will seek and secure projects whereunder the Company will provide goods and services to other parties, and that the Members will provide such goods and services on behalf of the Company pursuant to a Statement of Work between each Member and the Company. 13.2. Each Member shall submit a bid to the other Member to provide work under any particular contract between the Company and a customer of the Company. The Members shall enter into a separate, detailed statement of work (“Statement of Work”), which shall be referenced in or attached to a customer order. Each Statement of Work shall set forth the scope of the work to be provided by the Company, the compensation to be paid and other applicable terms and conditions, including any criteria and procedures for acceptance of the work. Following acceptance of the Statement of Work by the customer, the Company shall perform the work for the particular customer in accordance with the provisions of the Statement of Work. Each Member shall appoint persons (“Points of Contact”) in each Statement of Work. The Point of Contact will have the authority to determine the quality, acceptability and fitness of the work performed under a Statement of Work. The Point of Contact shall not exercise any direct control or supervision over the other Member’s employees performing the work under a Statement of Work, but will be available for consultation. Each Member shall be responsible for supervision and direction of the work by its employees. 13.3. Each Member shall faithfully perform its obligations under each Statement of Work pertaining to such Member. The Members and the Company shall cooperate in good faith concerning any modifications to a Statement of Work, requested by a Member, the Company, or a customer. If either Member provides a request for dissolution under Section 11, then the Company’s operations shall from that time be limited to those required to complete any outstanding, accepted Statements of Work, and those required for orderly wind up and dissolution of the Company. A request for dissolution shall not relieve either Member from obligations existing under Statements of Work in effect prior to such request.
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Statement of Work for Services 
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Related to Statement of Work for Services

  • Contract for Services This Contract results from a “sole source” procurement under State of Vermont Administrative Bulletin 3.5 process and Contractor hereby certifies that it is and will remain in compliance with the campaign contribution restrictions under 17 V.S.A. § 2950. MAXIMUM LIMITING AMOUNT $ *** PROJECT DESCRIPTION: ***

  • Statement of Work The Statement of Work to which Grantee is bound is incorporated into and made a part of this Grant Agreement for all purposes and included as Attachment A.

  • Fee for Services Recipient agrees to pay to Contran $65,750 quarterly on the first business day of each quarter, commencing as of January 1, 2003, pursuant to this Agreement.

  • New Services If, within ninety (90) days after the Distribution Date, a Party desires the other Party to provide additional or different services which such other Party is not expressly obligated to provide under this Agreement (excluding, for the avoidance of doubt, any Additional Services or Service Adjustments, the “New Services”), then such Party will provide a written change request (in the form agreed by the Parties) to the other Party within ninety (90) days after the Distribution Date. The Party receiving such request shall negotiate in good faith to provide such New Service; provided, however, that no Party shall be obligated to provide any New Services, including because the Parties are unable to reach agreement on the terms thereof (including with respect to Service Charges therefor). If the Parties agree to any such New Service, then the Parties shall document such terms in a Service Schedule to be incorporated in Schedule A or Schedule B, as applicable. The Service Schedule shall describe in reasonable detail the nature, scope, service period(s), termination provisions and other terms applicable to such New Services. Each supplement to the applicable Service Schedule, as agreed to in writing by the Parties, shall be deemed part of this Agreement as of the date of such agreement and the New Services set forth therein shall be deemed “Services” provided under this Agreement, in each case subject to the terms and conditions of this Agreement. The Parties shall in good faith determine any costs and expenses, including any start-up costs and expenses, which would be incurred by the Provider in connection with the provision of such New Service, which costs and expenses shall be borne solely by the Recipient.

  • Compensation for Services Provided As compensation for providing portfolio supervisory services in its capacity as Portfolio Supervisor, evaluation services in its capacity as Evaluator, and for providing bookkeeping and other administrative services to the Trust of a character described in Section 26(a)(2)(C) of the Investment Company Act of 1940, and to the extent that such services are in addition to, and do not duplicate, the services to be provided hereunder by the Trustee, First Trust Advisors L.P. shall receive, in arrears, against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the per Unit amount set forth in Part II of the Trust Agreement for the Trust, calculated based on the largest number of Units outstanding during the calendar year, except during the initial offering period as determined in Section 4.01 of this Indenture, in which case the fee is calculated based on the largest number of Units outstanding during the period for which the compensation is paid (such annual fee to be pro rated for any calendar year in which First Trust Advisors L.P. provides services described herein during less than the whole of such year). Such fee may exceed the actual cost of providing such services for the Trust, but at no time will the total amount received for such services rendered to unit investment trusts of which the Depositor is the sponsor in any calendar year exceed the aggregate cost to First Trust Advisors L.P. of supplying such services in such year. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase after the date hereof in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index, if such index should no longer be published. The consent or concurrence of any Unit holder hereunder shall not be required for any such adjustment or increase. Such compensation shall be paid by the Trustee, upon receipt of an invoice therefor from First Trust Advisors L.P., which shall constitute the representation by First Trust Advisors L.P. that the bookkeeping and administrative services for which compensation is claimed are properly compensable hereunder and that the aggregate cost incurred by First Trust Advisors L.P. of providing portfolio supervisory, evaluation and bookkeeping and administrative services hereunder was not less than the compensation claimed, upon which representation the Trustee may conclusively rely. Such compensation shall be charged against the Income and/or Capital Accounts in accordance with Section 3.05. If the cash balance in the Income and Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 4.03, the Trustee shall have the power to sell (i) Securities from the current list of Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Securities have been so designated, such Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 4.03. Any moneys payable to First Trust Advisors L.P. pursuant to this Section 4.03 shall be secured by a lien on the Trust prior to the interest of Unit holders, but no such lien shall be prior to any lien in favor of the Trustee under the provisions of Section 6.04 herein.