*** Video quality may vary based on your internet connection. For the best experience, select 1080p in the video settings to play in HD if available.
*** Video quality may vary based on your internet connection. For the best experience, select 1080p in the video settings to play in HD if available.
The 'Period of Contract' represents the overarching timeframe for the entire signed agreement. This overall contract period is established first, defining the complete duration of the contractual relationship.
Static Contract Foundation:
Before detailing the specific seasonal periods, the full static contract is defined. This sets the boundaries for the entire agreement, including the total start and end dates.
Think of it as setting the frame of the entire picture before adding the details.
Seasonal Period Breakdown:
Once the overall contract period is established, the contract is further divided into specific seasonal periods (e.g., Low Season, High Season, Peak Season).
These seasonal periods are segments of the overall contract, they must fall within the start and end dates of the entire contract period.
These seasonal periods allow for different pricing and terms to be applied based on demand and other factors.
Relationship:
The seasonal periods are always contained within the boundaries of the overall contract period. They cannot extend beyond the start or end dates of the entire contract.
This ensures that all seasonal variations are governed by the overarching agreement."