service contract


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service contract

a CONTRACT OF EMPLOYMENT covering the terms and conditions applied to directors and senior managers of a joint-stock company.

service contract

see EMPLOYMENT CONTRACT.
References in periodicals archive ?
He, however, said Service Contract 72 is being disputed.
The alliance will allow the merged company to meet the predicted growth demands of the service contract market through best-in-class payment plan financing.
Fortegra has the reputation and financial rating that knowledgeable retailers in the service contract industry need.
Extended service contracts are sold to consumers separately and are not a part of manufacturers' warranties which are given to the consumers at the time of buying a car.
But if you buy a $50 DVD player and the service contract is $100, there's little upside to buying the extended service.
But the award of a contract is of no consequence if it is not performed correctly, and the only way we will know if performance conforms to the contracts requirements on a service contract is if we have effective contract management and monitoring.
Shaw said there are two dynamics at work in the service contract segment.
If this were the test, most secondments would effectively be service contracts.
To maintain flexibility for the owner, the service contract should not be automatically extended for a set period.
For example, a service contract includes a contract for the provision of management services for .
For a new vehicle with a three-year warranty, the dealer might sell the buyer an additional two-year extended service contract for $800.

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