Rate Increases definition
Rate Increases. Baan reserves the right to modify consulting and training rates -------------- with 90 days notice. We will not agree to cap rates for the duration of a contract or to a minimum level per year. Any forced negotiation of this type will have a direct impact on the quality of resource Baan is able to provide on the implementation team. It is Baan's general policy to modify rates on an annual basis. -------------------------------------------------------------------------------- SOH142r4.doc 2/10/97 ADDENDUM NUMBER ONE TO CONSULTING ALLIANCE AGREEMENT ---------------------------------------------------- This is Addendum Number One (the "Addendum") to that certain Consulting Alliance Agreement dated , 1997 (the "Agreement"), by and between Intelligroup, ------ Inc. ("Company") and Baan International B.V. ("Baan"). In consideration of the mutual covenants set forth herein and in the Agreement, Company and Baan agree as follows:
Rate Increases. In the event that power rates charged S&DFIL1 increase more than 10% above current levels, S&DFC reserves the right to increase the rate proportionately.