Common use of Year Plan Clause in Contracts

Year Plan. The Technology Plan shall include a comprehensive assessment and strategic analysis of Empire's then-current IT systems and services for the next three (3) years, including an assessment of the appropriate direction for such systems and services in light of Empire's business priorities and strategies and competitive market forces (to the extent such business information is provided by Empire to IBM). The Technology Plan shall include a specific identification of proposed software and hardware strategies and direction, a cost projection, a cost/benefit analysis of any proposed changes, a description of the types of personnel skills and abilities needed to respond to any recommended changes or upgrades in technology, a general plan and a projected time schedule for developing and achieving the recommended elements, and references to appropriate information services operations platforms that support service level requirements, exploit industry trends in production capabilities and provide potential price performance improvement opportunities.