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The nature of the Changes clause for cost reimbursement contracts is somewhat different from that for fixed-price contracts because in the case of a cost reimbursement contract the contractor is already entitled to reimbursement for all of its reasonable costs and only needs an adjustment in the target price or the amount of its fee.
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 ...
Because a ROFR is a contract right, the holder's remedies for breach are typically limited to recovery of damages. In other words, if the owner sells the asset to a third party without offering the holder the opportunity to purchase it first, the holder can then sue the owner for damages but may have a difficult time obtaining a court order to ...
unilateral contract changes by the employer such as: deliberate [15] cuts in pay or status (even temporary [16]), persistent delayed wages, refusal of holiday, [17] withdrawal of car, [18] suspension without pay (or even on full pay [19]), dramatic changes to duties, hours [20] or location (beyond reasonable daily travelling distance [21]), or
Anticipatory repudiation or anticipatory breach is a concept in the law of contracts which describes words or conduct by a contracting party that evinces an intention not to perform or not to be bound by provisions of the agreement that require performance in the future.
A substitute amendment is an amendment that would replace existing language of a proposal or another amendment with its own. [4] An amendment can be used to water down a motion into a form that is more likely to be accepted or to convert it into a form that is more likely to be rejected. [5]
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