A contingency clause can be inserted into a contract to benefit either party. Courts often require a good faith effort in contracts that contain these clauses. A contingency clause can be considered a type of escape clause for those involved in the contract. It allows one party to cancel a ...
and prepared for the temporary nature of the (high or low) growth their venture experiences in the current period, and they are therefore more likely to make an unmet expectation assessment and extrapolate it into the future. For example, such an employee may expect that the ...
For example, Interviewee [VI] highlights industry-specific compliance aspects that need to be addressed in the contract negotiation. Especially, topics like “Where is data stored; do I have access to my data; do I also have physical access; do I have the possibility to interfere with my ...
A possible future event that will increaserevenueorprofits. A common example of a gain contingency is a lawsuit that might be successful. For the sake of fiscal conservatism, gain contingencies are not reported asassetsorrevenueuntil the suspected events actually occur. ...
Read More:Contingency Employment Agreement Legal Contingency Contracts The provisions contained in contingency agreements depend on the type of contract, state laws and the interests of the parties to the agreement. The contracts should clearly outline the contingencies as clearly as possible. For examp...
The Skills You Need Guide to Self-Employment and Running Your Own Business If you are thinking about running your own business, or already do so, but feel that you need some guidance, then this eBook is for you. It takes you through self-employment in easy steps, helping you to ensure ...
Project Fundmeans the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds. Contract Fundsmeans the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract. ...
Noun1.contingency fee- a fee that is payable only if the outcome is successful (as for an attorney's services) fee- a fixed charge for a privilege or for professional services Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc. ...
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