Common use of Automatic Extensions Clause in Contracts

Automatic Extensions. Notwithstanding Section 3.02A, on each July 1 beginning July 1, 2017, the Term of this Agreement shall be extended one (1) year (each an “Automatic Extension”), so that the full Term of the Agreement shall remain eighteen (18) years. Either party may terminate this Automatic Extension provision by giving the other party both (i) written notice of intent to terminate further Automatic Extensions on or before any February 28, and (ii) written notice of termination of further Automatic Extensions on or before the next-succeeding April 30 (“Extension Termination Deadline”). During the two (2) month period following the notice of intent to terminate further Automatic Extensions, the parties shall meet and negotiate in good faith at the request of either party. The City shall be represented by the City Manager. If the notice of termination of further Automatic Extensions is given, the Automatic Extension provision described in this Section 3.02B only shall terminate and be of no further force or effect, and all other provisions of this Agreement shall remain in full force and effect for the balance of the Term then outstanding.