Common use of Annual Updates Clause in Contracts

Annual Updates. 4.3.1 In every Financial Year of this Agreement , the accountable Directors from Network Rail and ScotRail will submit to the February meeting of the Alliance Executive, a draft Annual Delivery Plan for each Joint Activity. This will describe: • activities completed and outputs achieved in the current financial year. • activities planned in the forthcoming financial year and shall include an overview of activities planned for future years indicating what further options are under development for future alignment. • Actions required from the Alliance Executive to progress to full integration (noting that the relevant accountable Directors and the Alliance Executive shall have due regard to the potential TUPE implications of any such actions). • a refined estimate of outputs and benefits to be delivered by the project. • an executive summary of the above, to update the content of columns C, D and E in the Joint Activities Table. • Any other content requested with reasonable notice by the Alliance Executive or Alliance Board. Final Annual Delivery Plans for each project, incorporating feedback from the Alliance Executive, and where appropriate the Alliance Board, will be submitted for approval to the March meeting of the Alliance Executive in each Financial Year.

Annual Updates. 4.3.1 4.1.1 In every Financial Year of this Agreement , the accountable Directors from Network Rail and ScotRail will submit to the February meeting of the Alliance Executive, a draft Annual Delivery Plan for each Joint Activity. This will describe: • activities completed and outputs achieved in the current financial year. • activities planned in the forthcoming financial year and shall include an overview of activities planned for future years indicating what further options are under development for future alignment. • Actions required from the Alliance Executive to progress to full integration (noting that the relevant accountable Directors and the Alliance Executive shall have due regard to the potential TUPE implications of any such actions). • a refined estimate of outputs and benefits to be delivered by the project. • an executive summary of the above, to update the content of columns C, D and E in the Joint Activities Table. • Any other content requested with reasonable notice by the Alliance Executive or Alliance Board. Final Annual Delivery Plans for each project, incorporating feedback from the Alliance Executive, and where appropriate the Alliance Board, will be submitted for approval to the March meeting of the Alliance Executive in each Financial Year.