Required Performance Standard definition
Examples of Required Performance Standard in a sentence
Required Performance Standard: Vendor will strive to achieve 100% for each program administered under this SOW, but will not be liable for performance credits unless performance is below 98.5%.
Client shall have the right to terminate this Agreement in the event that The Company fails to meet the Required Performance Standard established by the Service Guarantee described in Appendix B; provided, however, that Client shall not terminate this Agreement pursuant to this provision without first giving Company written notice of deficiencies in performance and a reasonable opportunity (not less than 90 days) to meet and maintain the Required Performance standard.
You agree to maintain your performance at or above the Required Performance Standard during the term of this letter agreement.
Client shall have the right to terminate this Agreement in the event that Consultant fails to meet the Required Performance Standard established by the Service Guarantee described in Exhibit B; provided, however, that Client shall not terminate this Agreement pursuant to this provision without first giving Consultant written notice of deficiencies in performance and a reasonable opportunity (not less than 30 days) to meet and maintain the Required Performance standard.