18. TERM OF AGREEMENT. This Agreement shall have an initial term of one year from the Effective Date and may be renewed for an unlimited number of successive one-year terms upon mutual consent of the parties. The Company (acting through the Independent Directors) will evaluate the performance of the Advisor annually before renewing this Agreement (and the criteria used in such evaluation will be reflected in the minutes of the meeting of the Board), and each such renewal shall be for a term of no more than one year. Any such renewal must be approved by the Independent Directors.