FINAL TRANSITION PERIOD Sample Clauses
FINAL TRANSITION PERIOD. In the event the Contract is transitioned from the Contractor to the Bureau/FDC/a successor vendor, a period of one hundred eighty (180) days is required to ensure an orderly and efficient transition from the Contractor to the Bureau/FDC/a successor vendor of the Facility. During this transaction period, CONTRACTOR will transfer all necessary records, files, and documents for the operation of the Facility, including but not limited to inmate records, maintenance records, and personnel files. This obligation of the Contractor survives the expiration or termination of the Contract. In the event of an anticipated transition, the Bureau, will request a final transition plan in a format similar to the Initial Transition Plan, which is subject to acceptance by the Department. Failure to timely submit the transition plan shall result in a financial consequence of $10,000.00 per day from the final management payment. Failure to complete all milestones identified in the Final Transition Plan Requirements, within the Contractor’s control, shall result in a financial consequence of $10,000.00 per milestone, per day from the final management payment.
FINAL TRANSITION PERIOD. Upon the termination of the Initial Transition Period and until March 26, 2023 (such period the “Final Transition Period”), I will continue to serve in much the same manner as provided above in respect of the Initial Transition Period, except that it is anticipated and expected that, during the Final Transition Period, I will instead devote only approximately 50% of the time historically devoted by me to the continued performance of my duties for the Company, again, largely by remote means, and I will be “on call”. The Company may in its discretion from time to time during the Transition Period relieve me from any or all duties, responsibilities, or authority, and may, for example, require that I be based or operate and pursue whatever duties I may continue to have, other than at the offices of the Company. I agree that during both the Pre-Transition Period and Initial Transition Period I will not commence employment elsewhere. TESSCO Technologies Incorporated March 15, 2022
FINAL TRANSITION PERIOD. During the Final Transition Period, the Company will continue to pay me my Base Salary but at a reduced amount equal to 50% of the amount in effect as of the end of the Pre-Transition Period, and to provide me with those fringe benefits and perquisites as paid or provided to me, or in which I participated, immediately prior to the start of the Initial Transition Period.
FINAL TRANSITION PERIOD. In the event the Contract is transitioned from the Contractor to the Bureau/FDC/a successor vendor, a period of ninety (90) days is required to ensure an orderly and efficient transition from the Contractor to the Bureau/FDC/a successor vendor of the Facility. During this transaction period, CONTRACTOR will transfer all necessary records, files, and documents for the operation of the Facility, including but not limited to inmate records, maintenance records, and personnel files. This obligation of the Contractor survives the expiration or termination of the Contract.