Incomplete Contracts Clause Samples
The Incomplete Contracts clause addresses situations where not all terms or contingencies are fully specified within an agreement. In practice, this clause acknowledges that certain details may be left open or undefined, either due to uncertainty or the impracticality of predicting every possible scenario. It typically outlines how parties should handle gaps, such as by referring to industry standards, good faith negotiations, or future agreements. The core function of this clause is to provide a framework for resolving ambiguities or omissions, thereby reducing disputes and ensuring the contract remains workable even when unforeseen issues arise.
POPULAR SAMPLE Copied 1 times
Incomplete Contracts. Tracking and monitoring of incomplete contracts will be part of grad assurance team at the HS and students support team (MTSS) at the middle school, led by the principal.
a. The team will monitor and track progress.
b. Counselors or designated team members, will progress monitor students within their assigned caseload or as allocated by the team. There shall be equitable distribution of incomplete contracts amongst grad assurance or MTSS team members.
c. The team, in collaboration with teacher, may identify additional completion options, such as the following:
1. Taking the next course in progression and retroactively changing the grade for the first course based on level of proficiency in the subsequent course
2. Retake the course in its entirety
3. Take a credit retrieval course
4. Submit additional work for assessment to the teacher who initiated the contract or another assigned staff member.
d. Some staff- at each building may be assigned monitoring and assessing incomplete contracts as part of their instructional time, defined as time within the school day that is not assigned to planning, professional time, or duty-free lunch (e.g. staff might be assigned one period of contract monitoring).
e. If a teacher other than one who is doing that duty as part of their instructional time is supporting and assessing completion of the contract, the staff member will receive a stipend of $50 for each completed contract. FWEA LETTER OF AGREEMENT Re: Impacted by the COVID-19 Crisis September 4, 2020 21Page
Incomplete Contracts. Certain of the Contracts referenced on the Disclosure Schedule are incomplete, either because they are missing one or more signatures or because they are missing one or more parts to the Contract. Each such Contract is denoted with an asterisk on the Disclosure Schedule (the “Incomplete Contracts”). Seller shall provide fully executed copies of each Incomplete Contract as soon as practicable. Notwithstanding anything in this Agreement to the contrary, Buyer may elect, in its sole discretion to assume (and accordingly treat as a Purchased Asset) or reject (and accordingly treat as an Excluded Asset) any Incomplete Contract unless (i) Seller provides Buyer with a complete, fully signed version (except for Contracts that are not material, and with respect to which it is not customary for one of the parties to sign) of the applicable Incomplete Contract, and (ii) such fully signed version does not differ in any material respect from the Incomplete Contract provided by Seller to Buyer prior to the date of this Agreement. Buyer’s election to assume any Incomplete Contract shall in no way limit any of Buyer’s rights under Section 10.4. Seller’s obligations pursuant to this Section 6.16 shall terminate on the Closing Date.
Incomplete Contracts. 54 ARTICLE VII CONDITIONS TO SELLER'S OBLIGATIONS.....................................................
54 7.1 Representations and Warranties.........................................................54 7.2 Agreements and Covenants...............................................................54 7.3 Consents; Regulatory Compliance and Approval...........................................
54 7.4 No Actions or Court Orders....
Incomplete Contracts