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An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
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Congress could soon spell the end of employment arbitration—but it’s not all good news for American workers Lewis L. Maltby, Theodore J. St. Antoine May 9, 2024 at 10:32 AM
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
He said people who lose a job need to talk to a spouse, siblings, parents. “You don’t want to keep all that stuff bottled up inside.” Yet Bernard remains upbeat about his future.
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