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The Company agrees that the Transfer Agent may subcontract for certain of the services described under this Agreement with the understanding that there shall be no diminution in the quality or level of the services and that the Transfer Agent remains fully responsible for the services.
Again, the CILB has certain requirements that you must meet, and they include: Passing a licensure exam for a certified contractor. Four years of experience or a combination of college and experience. Financial stability and decent credit. Fingerprints. Pay any applicable fees. Be 18 years of age.
Example Subcontracting Clause The Supplier shall not without the prior written consent of the Customer subcontract any of the services to be supplied by the Supplier to the Customer. Using clauses such as this prevent subcontracting out the contract work altogether.
List out the specific responsibilities of each party to the contract. Specifically define what ??providing a secure environment?? means. Outline expectations for maintaining confidentiality. Clarify how any potential security breaches will be addressed. Make sure to include language that is legally binding.
A subcontractor agreement is a legal document that defines subcontractor responsibilities clearly. It sets forth things like timelines, terms of payment, licensing, insurance coverage, and how disputes are to be handled.