Evergreen

(redirected from evergreens)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

Evergreen

A contract that rolls over after each agreed (short-term) period until cancelled by one party.

Evergreen

Describing a long-term contract that is renewed automatically after a short-term period unless it is terminated. For example, an evergreen contract may last five years with an option to terminate at the end of one year. Unless one party or the other terminates the contract by the end of the first year, it is renewed for an additional five years after the end of the first five years.
References in periodicals archive ?
Evergreen Solar[R] is a registered trademark and String Ribbon[TM] is a trademark of Evergreen Solar, Inc.
At the conference, Chief Financial Officer Michael El-Hillow will discuss Evergreen Solar's business strategy and review the Company's recent accomplishments and financial results.
Evergreen Solar, Q-Cells and REC Become Equal Partners in EverQ
Evergreen Solar's Sales Momentum Continues; Generating More than $700 Million in Recent Contract Awards
EverQ GmbH is a partnership of three global leaders in the solar power industry: Evergreen Solar, Inc.
In conjunction with the execution of the supply agreement, which is expected to become effective early in the fourth quarter following regulatory approval, Evergreen Solar, Q-Cells AG of Germany (FSE: QCE) (Q-Cells) and Renewable Energy Corporation of Norway (OSEAX: REC.
At the conference, Chief Financial Officer Donald Muir will discuss Evergreen Solar's business strategy and review the Company's recent accomplishments and financial results.
In conjunction with the implementation of today's supply agreements and consistent with the existing joint venture documents, Evergreen Solar, Q-Cells AG of Germany (FSE: QCE) and REC have agreed to become equal partners in EverQ.
The Thalheim plant manufactures Evergreen Solar's new, more powerful Spruce Line(TM) of photovoltaic panels.
Evergreen Systems, a leading IT consulting firm, today announced a new IT Service Catalog Strategic Planning Engagement for Fortune 1000 companies.
GRO is a great addition to Evergreen Solar's growing list of high-volume distributor and system integrator customers," said Richard M.