Evergreen

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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 ?
To help ensure a project's success Evergreen gains an understanding of its client's IT needs and proposes a Service Catalog strategy in line with that organization's goals and objectives.
GRO is a great addition to Evergreen Solar's growing list of high-volume distributor and system integrator customers," said Richard M.
plans to use Evergreen Solar's products to help satisfy the growing demand from those organizations.
Evergreen Solar(R) is a registered trademark and String Ribbon(TM) and Spruce Line(TM) are trademarks of Evergreen Solar, Inc.
Evergreen Solar is reaffirming its previously issued financial guidance for 2006 quarterly revenue and gross margin for both its Marlboro and EverQ factories.
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.
EverQ's existing solar module manufacturing plant in Thalheim, Germany, produces Evergreen Solar's high-output Spruce Line(TM) of photovoltaic panels.
EverQ, which uses Evergreen Solar's unique String Ribbon wafer technology, ensures the production of high-quality products by manufacturing everything - wafers, cells and modules - under one roof.
At the symposium, Chief Financial Officer Michael El-Hillow will discuss Evergreen Solar's business strategy and review the Company's recent accomplishments and financial results.
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.