Terms and Conditions of Contracts for Projects from POME by Gautam Koppala VT

company
conducted a maximum of only once per year at the auditing party’s sole expense for a period no greater than the preceding 24 months, this period not to precede the start date of the contract or end date of any prior audit and not to exceed the end date of the contract
if addressed, any record retention period should not exceed the agreed upon audit period

Audits involving Project/ Product/ Services Organization’s financial records require use of an independent industry approved third party accounting audit organization to conduct the audit in accordance with the agreed to limited terms of the audit rights as stipulated in the contract.

Change in Control

Overview:

Change in Control clause sets out the contractual consequences of a change in ownership, control, or management of one of the parties to a contract.  A

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