Common use of Maintenance and Preservation of Records Clause in Contracts

Maintenance and Preservation of Records. CONSULTANT agrees to timely prepare accurate and complete financial, performance and payroll records relating to the services provided hereunder, and to maintain and preserve said records for at least three (3) years from the date of final payment under this Agreement, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom. The books and records shall be original entry books with a general ledger itemizing all debits and credits for the work performed.

Appears in 3 contracts

Samples: Professional Services Agreement by And, Professional Services Agreement, Agreement for Consultant Services by And

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Maintenance and Preservation of Records. CONSULTANT agrees to timely prepare accurate and complete financial, financial and performance and payroll records relating with respect to the services provided hereunderall matters covered under this Agreement, and to maintain and preserve said records for at least three five (35) years from after the date termination or expiration of final payment under this Agreement, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefromthere from. The books and records shall be original entry books with a general ledger itemizing all debits and credits for the work performed. In addition, CONSULTANT shall maintain detailed payroll records.

Appears in 1 contract

Samples: Professional Services Agreement by And

Maintenance and Preservation of Records. CONSULTANT agrees to timely prepare accurate and complete financial, performance and payroll records records, documents and other evidence relating to the services provided hereunderpursuant to this Agreement, and to maintain and maintainand preserve said records for at least three (3) years from the date of final payment under this Agreementhereunder, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be shallbe retained until completion and resolution of all issues arising therefrom. The books and Such records shall be original beoriginal entry books with a general ledger itemizing all debits and credits for the work performedservices provided pursuant to this Agreement.

Appears in 1 contract

Samples: Professional Services Agreement by And

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Maintenance and Preservation of Records. CONSULTANT VENDOR agrees to timely prepare accurate and complete financial, performance and payroll records relating to the services provided hereunder, and to maintain and preserve said records for at least three (3) years from the date of final payment under this Agreement, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom. The books and records shall be original entry books with a general ledger itemizing all debits and credits for the work performed.

Appears in 1 contract

Samples: A – Sample Service Agreement

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