SOW Renewal Sample Clauses

The sow-renewal clause defines the terms and conditions under which a Statement of Work (SOW) may be extended or renewed beyond its original term. Typically, this clause outlines the process for renewal, such as requiring written notice from one or both parties within a specified timeframe before the SOW expires, and may specify whether renewal is automatic or subject to negotiation. By establishing clear procedures for continuing the working relationship, the clause helps prevent service interruptions and ensures both parties have a mutual understanding of how ongoing work will be managed.
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SOW Renewal. At least six (6) months prior to the expiration of the SOW Initial Term and each applicable SOW Renewal Term, Evolent and UPMC shall meet to discuss whether a renewal of this SOW is desired and terms for such renewal (each such renewal a “SOW Renewal Term”).