Examples of Third Contract Year in a sentence
The JSC shall review and approve the Annual Collaboration Plan (i) for the First Contract Year within forty-five (45) days after the Effective Date, (ii) for the Second Contract Year at least thirty (30) days prior to the commencement of such Contract Year, and (iii) for the Third Contract Year and subsequent Contract Years at least sixty (60) days prior to the commencement of such Contract Year.
The JPT shall prepare the Annual Collaboration Plan (a) for the First Contract Year within thirty (30) days after the Effective Date, (b) for the Second Contract Year at least sixty (60) days prior to the commencement of such Contract Year, and (c) for the Third Contract Year and subsequent Contract Years at least ninety (90) days prior to the commencement of such Contract Year.
In addition, any “freight prepaid” prices shall include any freight and terminal costs then in effect and shall be subject to freight and terminal increases as they occur.* - Third Contract Year: Material prices to be agreed in writing by the parties; provided that, excluding any freight and terminal costs, the material price increase or price decrease for each product over that in effect during the immediately preceding Contract Year shall be no more than [***] in either case.
The Clearview Group may exercise the Option by delivering to the GG Group a written notice (the "Option Notice") either (a) within the thirty-day period immediately following the end of each of the Second Contract Year, the Third Contract Year, the Fourth Contract Year, or the Fifth Contract Year or (b) within any Exercise Period (as defined in Section 9.2(b)).
The parties anticipate that the combined total personnel the parties will commit to the Research Program will start at an average of [**] FTEs for the First Contract Year and will escalate to an average of [**] FTEs for the Second Contract Year, [**] FTEs in the Third Contract Year and [**] FTEs for the Fourth Contract Year (i.e., these are the expected number of FTEs to be included in the Research Program Costs).