Common use of Amendments or Modifications to the Agreement Clause in Contracts

Amendments or Modifications to the Agreement. This Project is an experiment designed to test new approaches to environmental protection and there is a degree of uncertainty regarding the environmental benefits and costs associated with activities to be undertaken in this Project. Therefore, it may be appropriate to amend this Agreement at some point during its duration. This Final Project Agreement may be amended by mutual agreement of all parties at any time during the duration of the Project. The parties recognize that amendments to this Agreement may also necessitate modification of legal implementation mechanisms (such as a rule or permit) or may require development of new implementation mechanisms. If the Agreement is amended, EPA, VADEQ, the USDA Forest Service, and Georgia-Pacific expect to work together with other regulatory bodies and stakeholders to identify and pursue any necessary modifications or additions to the implementation mechanisms in accordance with applicable procedures. If the Parties agree to make a substantial amendment to this Agreement, the general public will receive notice of the amendment and be given an opportunity to participate in the process, as appropriate. In determining whether to amend the Agreement, the parties will evaluate whether the proposed amendment meets Project XL acceptance criteria and any other relevant considerations agreed on by the parties. All parties to the Agreement will meet within ninety (90) days following submission of any amendment proposal (or within a shorter or longer period if all parties agree) to discuss evaluation of the proposed amendment. If all Parties support the proposed amendment, the Parties will (after appropriate stakeholder involvement) amend the Agreement.

Amendments or Modifications to the Agreement. This Project is an experiment designed to test new approaches to environmental protection and there is a degree of uncertainty regarding the environmental benefits and costs associated with activities to be undertaken in this Project. Therefore, it may be appropriate to amend this Agreement or its addenda at some point during its duration. This Final Project Agreement or its addenda may be amended by mutual agreement of all parties Project Signatories at any time during the duration of the Projectproject. The parties recognize that amendments to this Agreement may also necessitate modification of legal implementation mechanisms (such as a rule or permit) or may require development of new implementation mechanisms. If the Agreement is amended, EPA, VADEQ, the USDA Forest Service, EPA and Georgia-Pacific Labs21 partners expect to work together with other regulatory bodies and stakeholders to identify and pursue any necessary modifications or additions to the implementation mechanisms in accordance with applicable procedures. If the Parties Project Signatories agree to make a substantial amendment to this Agreement, EPA will make available to the general public will receive notice of the amendment and be given an opportunity to participate in the process, as appropriate. In determining whether to amend the Agreement, the parties Project Signatories will evaluate whether the proposed amendment meets Project XL acceptance criteria and any other relevant considerations agreed on by the partiesProject Signatories. All parties Project Signatories to the Agreement will meet within ninety (90) days following submission of any amendment proposal (or within a shorter or longer period if all parties Project Signatories agree) to discuss evaluation of the proposed amendment. If all Parties Project Signatories support the proposed amendment, the Parties EPA Signatories will (after appropriate stakeholder involvement) amend the Agreement.