Year-end review Sample Clauses
A 'Year end review' clause establishes a formal process for evaluating performance, progress, or compliance at the end of each fiscal or calendar year. Typically, this involves both parties meeting to assess achievements against agreed objectives, discuss any issues encountered, and set goals or adjustments for the upcoming year. The core function of this clause is to ensure ongoing alignment and accountability, providing a structured opportunity to address concerns and make improvements for future periods.
Year-end review. Grantee agrees to provide the City of Carmel a year-end report for each year, describing how the grant was used and the impact of the dollars received. This Grant award may not exceed one third (1/3) of Grantee’s combined contributed income, revenue of sales, and/or ticket revenue from the previous year. If the Grant amount is in excess of sixty thousand dollars ($60,000.00), the Grantee agrees to provide, at Grantee’s cost, a review or audit of the grantee. Said review or audit shall be performed by a Certified Public Accountant (“CPA”) who is neither an employee of Grantee nor a member of the Grantee’s Board of Directors, to be provided to the City of Carmel by March 31 of the following year.
Year-end review. ▇▇▇▇▇▇▇ agrees to provide the City of Carmel a year-end report (“Year End Report”) for each year, describing how the grant was used and the impact of the dollars received.
Year-end review. (YER)
1. A narrative clearly explaining what was attempted, and actually accomplished during the year being reviewed. The YER should use, as its basis, the Lessee’s approved Proposed Operations and Development Plan (POD) for the concluding year – noting when and how the POD was implemented, as well as significant deviations or changes form the POD. This section of the YER narrative should be accompanied by sufficient maps, graphics, charts, timelines, and illustrations to effectively document the Lessee’s actual accomplishments in the given year.
Year-end review. Grantee agrees to provide the City of Carmel a year-end report (“Year End Report”) for each year, describing how the grant was used and the impact of the dollars received. This Grant award may not exceed one third (1/3) of Grantee’s combined contributed income, revenue of sales, and/or ticket revenue from the previous year. If the Grant amount is in excess of sixty thousand dollars ($60,000.00), the Grantee agrees to provide, at Grantee’s cost, a review or audit of the grantee. Said review or audit shall be performed by a Certified Public Accountant (“CPA”) who is neither an employee of Grantee nor a member of the Grantee’s Board of Directors, to be provided to the City of Carmel by March 31 of the following year.