Contract Year Two definition
Examples of Contract Year Two in a sentence
The Credit will be applied in the billing month following the conclusion of the Second MAC Contract Year Two.
Unless otherwise agreed by the Parties or as otherwise provided in this Section 2.6, the Research Plan shall provide for, and GSK agrees to fund, [*] ([*]) CK FTEs in Contract Year One; [*] ([*]) CK FTEs in Contract Year Two; [*] ([*]) CK FTEs in Contract Year Three; [*] ([*]) CK FTEs in Contract Year Four; and [*] ([*]) CK FTEs in Contract Year Five (the "Pre-Program FTEs").
BMS will pay to 3DP an "Annual User Fee" for access to the Proteomica(TM) Database at any BMS Site described in Section 1.5(c) of [**] if BMS identifies such BMS Site during the First Contract Year, and [**] of the then-current fee, according to the provisions of Section 6.1.2 or Section 6.1.3, respectively, if BMS identifies such BMS Site during Contract Year Two or Contract Year Three.
Subject to the provisions of Section 10.3, BMS may terminate this Agreement for any reason by providing sixty (60) days written notice after the beginning of Contract Year Two.
Term and Renewal Options: 36 Months Minimum Annual Volume Commitment (“AVC”): One Million Dollars ($1,000,000.00) in Contract Year One (1), One Million Two Hundred Fifty Thousand Dollars ($1,250,000.00) in Contract Year Two (2), and One Million Three Hundred Thousand Dollars ($1,300,000.00) in Contract Year Three (3).
Unless otherwise agreed by the Parties, the Process Plan shall specify and Array shall provide [ * ] Array FTEs in Contract Year One and [ * ] Array FTEs in Contract Year Two.
Unless otherwise agreed by the Parties the Research Plan shall specify and Array shall provide [ * ] Array FTEs in Contract Year One and [ * ] Array FTEs in Contract Year Two.
Upon termination pursuant to Section 7.1(e), above, after Contract Year Two, Buyer shall be obligated to purchase (a) all Products on then open binding purchase orders not yet purchased, and (b) all then-existing Shelf Inventory.
Beginning with the first month following the Ramp Up Period, Customer agrees to purchase at least (i) [REDACTED*] minutes in Second MAC Contract Year One and (ii) [REDACTED*] minutes in Second MAC Contract Year Two ("Second MAC") of Second MAC Contributing Services.
The cap for orthodontia benefits shall be increased to a benefit of $1,500.00 per covered individual.