Common use of PROJECT SUBCONTRACT Clause in Contracts

PROJECT SUBCONTRACT. 4.1 In the event of a contract award to the Team Leader, the Parties shall immediately commence good faith negotiations of a subcontract consistent with the terms of this Agreement, the applicable Proposal, and the applicable prime contract, as may be appropriate, encompassing the Team Member's proposed portion of the Project. The Team Leader agrees to use its best efforts to secure approval of such subcontract by the Client in the event such approval is necessary. Team Leader, with Team Member's agreement, may authorize Team Member to begin work, at the direction of the Team Leader, prior to execution of the subcontract, for the specific Project, subject to the terms of the model form subcontract agreement referred to in Section 2.3, above.

Appears in 4 contracts

Samples: Joint Marketing and Services Agreement (Ixc Communications Inc), Joint Marketing and Services Agreement (Psinet Inc), Joint Marketing and Services Agreement (Psinet Inc)

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