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 ?
All the applications submitted so far will undergo evaluation toward possible grant of service contracts.
Service contracts are long-term frameworks used by the host governments or state-owned oil companies to organize their working relationship with international oil companies (IOCs) and benefit from their expertise, capital and know-how.
'This is in line with TUGS direction to continually enter into exclusive service contracts with customers to guarantee recurring revenue,' it added.
The new electric vehicle service contract will be featured by Endurance at the 2019 NADA Show in San Francisco and is expected to launch in the first half of 2019.
Funds available for service contract payments totaled approximately $4.8 billion in fiscal 2017 compared to approximately $46 million in debt service on the series 2018 bonds and other parity debt expected to be issued by the corporation to complete the I-95/I-595 project plus the pro forma maximum legally permissible prior lien obligations of the STTF of roughly $534 million.
The formal award of Ratio Oil's service contract had been delayed since 2015 due to confluence of factors that plagued the country's upstream oil and gas sector.
The Extended Service Contract will provide comprehensive coverage for all integral components in today's electric vehicles, including, but not limited to battery, motor, controllers, braking system and a wide variety of vehicle components.
In a statement, PLDT yesterday dismissed allegations from labor groups that the company 'terminated its service contracts with various agencies in order to circumvent the compliance order of the Department of Labor and Employment to regularize its contractual workers.'
5 ( ANI ): Union Minister Piyush Goyal on Monday said the Indian Railways have introduced new General Conditions or Contracts (GCC) for Services to define the terms and conditions for contractors engaged in service contracts for non-operational areas.
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.
A service contract, not to be confused with an equipment warranty, can include preventive maintenance and repairs throughout the lifespan of the equipment.
Princeton Jct, NJ, May 14, 2016 --(PR.com)-- Field Force Tracker, a leading global provider of mobile field service solutions for service-based businesses of all sizes delivered as software-as-a-service (SaaS), today announced the updated release of new service contract management module specially designed for office automation and equipment rental and service companies.

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