A clause or event within the Contract that requires manual review or automatic rate increase. This event can be used to determine when a Contract needs to be reviewed alongside scheduling rate increases for the Contract.
It is possible to add a Contract Event to by clicking the 
create button located in the Contract Events section of any Contract record. In the window appears select the Type of event from one of the following options provided in the drop-down menu: Expiration, Adjustment, Remarks, Notice, or Other. Then add Remarks, Increase (Percentage) and Increase Frequency (Months), and choose the event’s Effective Date, End Date, Review Date and Last Increase Date in the respective fields. Finally, click the green Save button in the bottom right-hand corner to save the Contract Event and return to the New Customer Contract form.
To learn more about Contract Events see the Rate Increase and Expiration section of Contract Events.