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Evergreen contracts can be canceled in several ways They can be ended the same way they are draftedthrough the mutual agreement form of the parties involved If the parties want to make changes to the original agreement they can draft a new contract which outlines the alterations.

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Black's Law Dictionary defines evergreen contract as a contract that renews itself from one term to the next in the absence of contrary notice. Joe.

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However this is often seen in employment contracts where contracts tend to be shorter than three years and such a construction is less contentious, arbitration is a matter of contract, Employee acknowledges that the Company will be irreparably harmed and that monetary damages shall be an insufficient remedy to the Company.

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