OPTIONAL LANGUAGE. The use of optional language allows the model to be applicable to a larger universe of projects. Many of the numbered notes (example: [SEE NOTE – 7]) require you to choose between multiple versions of language or to choose whether or not to include a paragraph, sentence, or phrase depending on the specifics of your project. In many cases optional language to address a concept, such as the sponsor performing non-Federal design and construction work, is required in numerous locations throughout the agreement. Each of these locations has been identified with numbered notes; however, it is important to ensure that, if the optional language addressing a certain concept is included in one location, it is also included in all other appropriate locations. Correct use of the optional language is not considered a deviation from the model.
OPTIONAL LANGUAGE. The Grantee understands and agrees to comply with any additional requirements that may be imposed during the Grant performance period if DCF determines the Grantee agency is a high- risk Grantee. All OGC forms noted in this document can be found on the Grantee Resources page of the DCF Office of Grants and Contracts website at xxxx://xxx.xxx.xx.xxx/Agency/Operations/Pages/Grantee- Resources.aspx. APPROVED GRANT BUDGET AUTHORITY LINE ITEM APPROVED GRANT BUDGET PERCENT OF BUDGET MATCH Personnel $346,843.00 61.15% $ Fringe Benefits $77,105.00 13.59% $ Travel $478.00 0.08% $ Equipment $0.00 0.00% $ Supplies $37,478.00 6.61% $ Contractual $35,039.00 6.18% $ Building $16,263.00 2.87% $ Training $4,000.00 0.71% $ Other (must specify) $7.25.00 0.13% $ Other (must specify) $0.00 0.00% $ Other (must specify) $0.00 0.00% $ Indirect Costs* $49,231.00 8.68% $ TOTAL GRANT BUDGET = $ 567,162.00 Total Grant Budget: $ 567,162.00 Match: $ 0.00 TOTAL PROJECT BUDGET = $ 567,162.00 SOURCE OF GRANT FUNDING = CCDF
OPTIONAL LANGUAGE. Oregon Tech shall have the option to extend this Contract beyond the Initial Term for [NUMBER] successive [NUMBER]-year renewal terms (each a “Renewal Term” and together with the Initial Term, the “Term”) by written notice to the Contractor prior to the end of the then-current Term]. Any expiration or termination of this Contract shall not extinguish or prejudice Oregon Tech’s right to enforce this Contract with respect to any right that accrued prior to the Contract’s expiration or termination, including without limitation: (a) any breach of a Contractor warranty, or (b) any default or defect in Contractor performance that has not been cured.
OPTIONAL LANGUAGE. Notwithstanding the foregoing, a Person shall be deemed the “Beneficial Owner” of, and shall be deemed to “beneficially own,” securities if such Person would be deemed constructively to own such securities pursuant to Sections 1.382-2T(h) and 1.382-4(d) of the Treasury Regulations, such Person owns such securities pursuant to a “coordinated acquisition” treated as a single “entity” as defined in Section 1.382- 3(a)(1) of the Treasury Regulations, or such securities are otherwise aggregated with securities owned by such Person, pursuant to the provisions of Section 382 of the Code and the Treasury Regulations promulgated thereunder. Nothing in this Section (1)(f) shall cause a Person engaged in business as an underwriter of securities to be the “Beneficial Owner” of, or to “beneficially own,” any securities acquired through such Person’s participation in good faith in a firm commitment underwriting until the expiration of [forty (40)] days after the date of such acquisition, and then only if such securities continue to be owned by such Person at such expiration of [forty (40) days] The “coordinated acquisition” rule provides, in relevant part that: "An entity includes a group of persons who have a formal or informal understanding among themselves to make a coordinated acquisition of stock. A principal element in determining if such an understanding exists is whether the investment decision of each member of a group is based upon the investment decision of one or more other members." Accordingly, the members of a group of otherwise unrelated individuals will be aggregated into a distinct public group if the members thereof agree among themselves to acquire more than 5 percent of the stock of a loss corporation even if no individual member of the group owns, directly or indirectly, 5 percent or more of the stock of the loss corporation. Note that the coordinated acquisition concept set forth in the bracketed language above may not be relevant to plans that don’t involve Tax Benefits that require protection with the lower 4.99% threshold. However, companies may nevertheless seek to incorporate “acting in concert” language in the definition of beneficial ownership to cover a broad range of “wolf pack” behaviors by hedge fund and other investors that may not otherwise fall squarely within the customary understanding of “beneficial ownership”. The underwriter exception that follows the bracketed language is a standard exclusion to ensure that the acquisition of s...
OPTIONAL LANGUAGE. The use of the Licensed Software under the terms and conditions of this Agreement shall be limited to xxx "core" users in the (????????) location. The Licensed Software will be installed on YYYY Server with (Oracle/DB? database) running ccccccc Operating system. Enterprise License - Licensee retains the option to execute an Enterprise License (hereinafter referred to as an Enterprise License). The Enterprise License provides the Licensee with unlimited sites and unlimited users per site for the Licensed Software, the Modified Licensed Software (hereinafter referred to as the "Software"), and/or any changes made by the Licensor to the Software. Non-core Users. Additional "user" licensing may be required if the Licensee needs remote access to the Licensed Software. User licenses may be added in increments of five (5), or a multiple thereof. License in Perpetuity vs. License in Annuity License in Annual Perpetuity for License in Annuity Maintenance Number of Users Total Users per User Charge --------------- ----------- -------- ------ 10 $100,000 $3,333 $ 20,000 25 $175,000 $2,000 $ 35,000 50 $250,000 $1,667 $ 50,000 75 $350,000 $1,555 $ 70,000 100 $450,000 $1,500 $ 90,000 150 $550,000 $1,222 $110,000 250 $750,000 $1,000 $150,000 250+ Special Bid Special Bid Special Bid EXHIBIT B RENSOFT RECOMMENDED IMPLEMENTATION SERVICES Account and Project Managers - $200.00 per hour Consultants: o Business o Warehouse......$175.00 p/h Conference Room Pilot - required personnel o Business Analyst - $175.00 p/h o Account or Project Manager - $200.00 p/h o Product Specialist - $175.00 p/h User and/or Technical Training ($2500 per session. Sessions limited to 10 students.) Data Conversion Interface Analysis o Business Analyst - same as above On-site support after "go live" o Rate based on type of individual Customer Service - except training o Quality Control o Problem recognition ...$150.00 p/h Modification Services: o Programming - $175.00 p/h o Quality Control - $150.00 p/h o Use Case Development - System Analysis - $175.00 p/h System Design - $175.00 p/h o Case Modeling - $175.00 p/h o Documentation - technical writers ... $150.00 p/11 NOTE: Recommended Implementation Services are not a fixed bid. It have been provided based on experience of implementations of similar size and duration. Licensee shall pay for only that time it has consumed. Licensor shall identify to Licensee if/when additional implementation services are required to complete the project defined herein. E...
OPTIONAL LANGUAGE. If Owner retains a third party as Owner’s Engineer or Owner’s Program Manager, separately from Owner’s Representative, then Owner shall designate such third party in writing to Design-Builder, together with a statement of the respective roles, responsibility, and authority of each such party with respect to the administration of the contract, the approval of drawings and specifications, the issuance of instructions and change orders, the resolution of disputes, and the relative priority of the authority of such parties.]
OPTIONAL LANGUAGE. If Owner has requested a proposal for a change in the Work from Design- Builder, Owner shall notify Design-Builder as expeditiously as possible whether such proposal is accepted. Design-Builder shall not commence changed work until a written Work Change Directive or Change Order has been delivered by Owner. The parties recognize that delay in response to such proposals may increase the impact or cost of the Change.]
