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1. What was the cost of the final full option year of the previous contract? The previous base plus 4 option year contract was awarded to Kangaroo Express with a total contract value of $103,168.00 2.
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How to fill out exercising option years under

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How to fill out exercising option years under

01
Review the terms and conditions of the option agreement thoroughly.
02
Consider consulting with a legal professional or financial advisor for guidance.
03
Carefully complete the necessary paperwork provided by the party offering the option.
04
Submit the completed paperwork within the specified deadline to exercise the option.

Who needs exercising option years under?

01
Individuals or entities who hold an option agreement and wish to exercise their right to purchase or sell the underlying asset at the predetermined price.

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Exercising option years under refers to the process by which certain contract parties can extend or continue the terms of an existing contract for additional specified years.
Typically, the parties involved in a contractual agreement are required to file for exercising option years, particularly the party that has the right to extend the contract.
To fill out exercising option years under, the party must complete a designated form, providing details such as contract identification, dates of the original contract, and the specific terms for the option years.
The purpose of exercising option years is to allow parties to extend their contractual agreements and obligations without the need for renegotiation or a new contract, providing continuity and stability.
The information that must be reported includes the original contract details, the specified option years being exercised, and any changes to terms or conditions.
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