AuxiliaryServicesCorporationModelContract.docxVIP

PAGE 1 -PAGE 14- Auxiliary Services Corporation Model Contract AGREEMENT made this ____ day of _____________________ 20__, by and between STATE UNIVERSITY OF NEW YORK, a corporation organized and existing under the laws of the State of New York, with its principal office located at State University Plaza, Albany, New York 12246, hereinafter referred to as “State University”, acting through the ________________________________, located at __________________________, New York ______, hereinafter referred to as “Campus” and _____________________, a not-for-profit corporation organized and existing under the laws of the State of New York, having its principal place of business located at __________________________, New York ______, hereinafter referred to as “Corporation”. The Campus requires certain auxiliary services in order to carry out various activities in support of its essential educational mission; and The Corporation has been organized for the purpose of providing such services at the Campus and is capable of doing so; and The parties desire to enter into an agreement under which the Corporation will provide such services for the Campus, including such terms for the use of State University facilities by the Corporation. Accordingly, in consideration of the mutual covenants and conditions herein contained, the parties agree as follows: 1. The term of this agreement will commence on _______________, 20__, and shall continue for a term of five years through __________________, 20__. This agreement may be terminated in whole or in part by mutual agreement of the parties upon one hundred eighty (180) days prior written notice, in accordance with the notice provisions of this agreement. 2. The Corporation will conduct its activities in accordance with the policies of the Campus and the State University, including the Board of Trustees’ Guidelines for Auxiliary Services Corporations as required by the New York Education Law, §355 and any supplementary or adm