Rationale and Background Clause Samples

The Rationale and Background clause serves to provide context and explain the underlying reasons for entering into the agreement. It typically outlines the circumstances, objectives, or motivations of the parties, such as a shared business goal or a specific need that the contract addresses. By clarifying the intent and background, this clause helps ensure that all parties have a mutual understanding of the contract’s purpose, which can aid in interpreting the agreement and resolving ambiguities if disputes arise.
Rationale and Background. Responding to the Government’s Payroll Giving consultation, a large number of respondents made requests to institute a Service Level Agreement regulating the work between Payroll Giving Agencies and the wider charity sector. Another request coming from this consultation was for more transparency around the process as well as disbursement reports in a standardised format. It was suggested that a Service Level Agreement could also be used to increase the transparency and information flow between charities and Payroll Giving Agencies. In the government’s response document there was a commitment to pursue an agreement that could provide greater clarity on how well Payroll giving operates. Subsequently a number of meetings were held between the various parties resulting in this document. This document aims to address these points, with the overriding principle to see an increase in take-up of Payroll Giving and donations being received by charities. To better reflect the voluntary nature of this agreement it has been framed as a Memorandum of Understanding. This voluntary agreement has been drawn up following extensive contacts between Government, Payroll Giving Agencies and representatives from the charity sector. Whilst not a legally binding document its authority is derived from its endorsement by the participants. Payroll Giving Agencies, the Government and charities agree to work together constructively in our complementary roles. The parties here would welcome further participants in this agreement, including from charities, Payroll Giving Agencies, both existing and new and their service delivery partners. As Payroll Giving Agencies update and invest in their systems and processes, even more improvements may become possible. To that end the participants may wish to review and amend some aspects of this agreement, in the same manner of consensus and constructive engagement. This endorsement represents a concrete expression of goodwill and partnership between Payroll Giving Agencies and the wider charity sector. Disbursement reports are provided by Payroll Giving Agencies to charities that request, and in most cases, pay for them. They give detailed information on individual donations. Currently charities may receive reports from multiple Payroll Giving Agencies which, whilst providing common information, are formatted and presented differently. During the consultation, a proposal was made to standardise the format of these reports to reduce the costs for ...
Rationale and Background. It is estimated that soft contact lenses account for over 90% of lens fits. Furthermore, it was reported that almost 32% of soft contact lenses were prescribed in a daily disposable modality. PRECISION1 is a new daily disposable silicone hydrogel contact lens with a material that combines high oxygen transmissibility with a low modulus of elasticity. PRECISION1 contact lenses are intended for the optical correction of refractive ametropia in persons with nondiseased eyes requiring subjects to wear spectacles for vision correction. The unique properties of PRECISION1 contact lenses provide precise vision, long lasting comfort and excellent handling.
Rationale and Background. The objective of the DACP Digital project is to introduce a modification to the DAILIES AquaComfort Plus Contact Lens (DACP) family, This clinical evaluation is a performance verification trial The primary and secondary endpoints were selected to fulfil the primary and secondary objectives of the study. Procedures for measurement of these endpoints were selected based on common practice for these assessments.
Rationale and Background. Presbyopia is an age-related vision condition in which the crystalline lens gradually loses its ability to change shape when acted upon by the ciliary muscle. It typically becomes evident by 40 to 45 years of age and it is expressed by a reduction in the ability to define letters or objects at near distance. The condition can be corrected by the use of single-vision or bifocal spectacles, PALs, or MF contact lenses. Alcon manufactures three MF contact lenses (lotrafilcon B, nelfilcon A, and delefilcon A) with the same Precision Profile optical design that allows for the same fitting process with all three lenses. The AOHG MF soft contact lenses are made of a lens material that is approximately 33% water and 67% lotrafilcon B, a fluoro-silicone containing hydrogel which is surface-treated. These lenses may be prescribed for daily wear or extended wear for up to 6 nights of continuous wear with removal for disposal, or cleaning and disinfection prior to reinsertion, as recommended by the eye care professional. The DACP MF daily disposable, soft contact lens is made up of 69% water and 31% nelfilcon A polymer (polyvinyl alcohol partially acetalized with N-formylmethyl acrylamide). DT1 MF (delefilcon A) daily disposable, soft contact lenses feature a unique water gradient composition from a silicone-rich highly breathable core (33% water) to an ultrasoft hydrophilic surface gel (> 80% water at the lens surface). The goal of this study is to demonstrate seamless transition vision in presbyopes using Precision Profile Design MF contact lenses.
Rationale and Background. Daily wear contact lenses are worn during waking hours, often for a full day and then removed for cleaning and disinfection prior to reinsertion the following day. Frequent replacement daily wear contact lenses are replaced according to the product package insert provided by the contact lens manufacturer. New silicone hydrogel materials continue to be developed, possessing unique material properties and superior oxygen transmissibility over contact lenses made with conventional hydrogel materials. A new lens, has been developed in an effort to maintain sustained performance by providing an inherently wettable core material with a water gradient surface. The new silicone hydrogel lens has been designed to provide favorable performance for daily wear with 1-month replacement. In this clinical study, the clinical performance of the investigational contact lens will be assessed and the contact lens will be compared to the commercially available AOHP contact lens in a crossover design, both to be worn in a daily wear modality for approximately 1 month.
Rationale and Background. Daily wear contact lenses are worn during waking hours, often for a full day and then removed for cleaning and disinfection prior to reinsertion the following day. Frequent replacement daily wear contact lenses are replaced according to the product package insert/IFU provided by the contact lens manufacturer. New silicone hydrogel materials continue to be developed, possessing unique material properties and superior oxygen transmissibility over contact lenses made with conventional hydrogel materials. A new lens, known as the TOTAL30 contact lens, has been developed in an effort to maintain sustained performance by providing an inherently wettable core material with a water gradient surface. The new silicone hydrogel lens has been designed to provide favorable performance for daily wear with 1-month replacement. In this clinical study, the clinical performance of the TOTAL30 contact lens will be assessed and the TOTAL30 contact lens will be compared to the AOHP contact lens in a crossover design, both to be worn in a daily wear modality.
Rationale and Background. Increasing numbers of contact lens wearers use digital devices for prolonged and demanding periods throughout the day and suffer from Digital Eye Fatigue (DEF). Near universal use of digital devices, and time spent on them, is becoming a growing short-term problem and a concern for long-term vision health. Currently, there are few products addressing DEF, and mostly in spectacle form. The targeted population is pre-presbyopic (< 40 years of age) with heavier usage of digital devices.
Rationale and Background. In this clinical study, the performance of the investigational contact lens will be contact lens, worn daily as compared to Biofinity contact lens, worn daily The intended use of this contact lens is for vision correction. Therefore, the measurement of distance VA is planned as the primary effectiveness variable. compared to the commercially available Biofinity contact lens in a parallel group design to demonstrate the safety and effectiveness of the Printed By: Print Date: Document: TDOC-0056233 Status: Effective Page 24 of 59 Refer to the IB for additional information.
Rationale and Background. Toric soft contact lenses are a new monthly replacement water gradient contact lens with a gradual transition from a 55% water, highly breathable core, to a surface that is nearly 100% water. The toric lens utilizes the Precision Balance 8|4™ ballasted toric design. Lehfilcon A toric soft contact lenses are indicated for the optical correction of refractive ametropia (myopia and hyperopia) in phakic (having the natural eye lens) or aphakic (not having the natural eye lens) persons with nondiseased eyes with up to 6.00 diopters (D) of astigmatism. The lenses are intended for daily wear (less than 24 hours while awake) with removal for cleaning and disinfection (chemical, not heat) prior to reinsertion, or disposal. Lenses should be discarded after one month. These new silicone hydrogel lenses have been designed to provide favorable performance for daily wear with 1-month replacement. In this clinical study, the clinical performance of the investigational Toric contact lens will be assessed and the Toric contact lens will be compared to the commercially available Biofinity Toric contact lens in a crossover dispense trial, both to be worn in a daily wear modality and replaced on a monthly basis.
Rationale and Background. The Lender has entered into the Loan Agreement to optimise returns on its available funds. This is consistent with the overall objective of the Company and its subsidiaries (the “Group”) of enhancing shareholder value. The Borrower is a Singapore incorporated investment holding company and is the sole shareholder of Pacific Star Development Pte. Ltd (“PSD”), a property development company with a special focus to source, evaluate, invest and proactively commit to the planning, development and management of prime development projects in the Asia region. PSD has ownership interests in various property assets in Malaysia and Thailand. Pursuant to the Loan Agreement, the Lender will disburse a loan of US$7,000,000 (“Loan”) to the Borrower on 31 May 2016 (the “Drawdown Date”).