Benchmark Exercise definition
Benchmark Exercise means the independent third party’s or, the Carrier’s if requested by Company, analysis and summary report on the competitiveness of Route Management Services pricing under this Addendum, as set forth herein.
Examples of Benchmark Exercise in a sentence
If the actual Appraisal Exercise Price is higher than the Benchmark Exercise Price, the Parties agree that Party B shall pay such part in excess of the Benchmark Exercise Price to Party A as compensation.