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 ?
Evergreen trees grow in both warm and cold climates and stay green all year long.
Usual evergreen suspects include azaleas, heathers and laurels, but there's a wealth of others which can provide more interest.
Of course, the usual evergreen suspects include azaleas, heathers and laurels, but with careful suiting and siting, there's a wealth of evergreens which can provide so much more interest.
Of course, the usual evergreen suspects include azaleas, heathers and laurels, but with careful siting, there's a wealth of evergreens which can provide so much more interest.
Don't think that evergreen is just green -look for flowering evergreens which can provide a splash of colour when flowers are non-existent.
Evergreen Recycling, a company started by Rob Dorinson in 1997, will become part of the nation's second largest solid waste management company through the deal.
Evergreen Energy Incorporated (Evergreen Energy) (NYSE Arca:EEE), a green energy technology company, has named William G Gibson as chairman of the board.
In the heart of Alabama there's a town called Evergreen,
NORDIC BUSINESS REPORT-11 February 2010-REC, Q-Cells Evergreen sign LOI for Sovello divestment(C)1994-2010 M2 COMMUNICATIONS http://www.m2.com
Azaleas, which are generally smaller, daintier versions of rhododendrons, can be either deciduous or evergreen. I love the evergreen varieties which are low and spreading, producing sheets of flowers in May.
The company who runs services from Snow Hill to Marylebone will reduce its service from 120 minutes to 100 minutes as part of the Evergreen 3 Project.
Two excellent means of protection are a covering of burlap, stretched on a wire frame over the entire plant, or a screen set up on the east and south sides of the evergreen. Both are recommended for the smaller conifers, especially if they are in an exposed position.

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