Evergreen contract definition
Evergreen contract. ’ means a contract for services
Evergreen contract means an existing contract that automatically renews without any action by the customer.
Evergreen contract means an existing contract that automatically renews without any action by the consumer.
Examples of Evergreen contract in a sentence
Evergreen contract, the term of this Agreement (the “Term”) shall be for a period of five (5) years, commencing on the Effective Date and renew upon completion of achieving annual goal creating a perpetual agreement in effect.
The Initial Term of the contract is: 1 year (amount of time in year[s] and/or months) • The contract is an Evergreen contract: Yes No (Evergreen means the contract automatically renews each anniversary date) • This agreement may be terminated with cause or without cause by GREAT HEALTHCARE or Group with 60 days written notification.