Common use of Effectiveness and Term Clause in Contracts

Effectiveness and Term. This Agreement is executed on the date first above written and shall take effect as of such date. Unless earlier terminated in accordance with the provisions of this Agreement or relevant agreements separately executed among the Parties, the term of this Agreement shall be 10 years. Upon the expiration of the term, unless Party A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of the term, the term shall be extended for unlimited times, with an extended term of 5 years each time.

Appears in 7 contracts

Samples: Interest Option Agreement (Lufax Holding LTD), Exclusive Equity Interest Option Agreement (Lufax Holding LTD), Exclusive Equity Interest Option Agreement (Lufax Holding LTD)

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Effectiveness and Term. This Agreement is executed on the date first above written and shall take effect as of such date. Unless earlier terminated early in accordance with the provisions of this Agreement or relevant agreements separately executed among the Parties, the term of this Agreement shall be 10 years. Upon the expiration of the term, unless Party A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of the term, the term shall be extended for unlimited times, with an extended term of 5 years each time.

Appears in 7 contracts

Samples: Exclusive Equity Interest Option Agreement (Lufax Holding LTD), Exclusive Asset Option Agreement (Lufax Holding LTD), Exclusive Equity Interest Option Agreement (Lufax Holding LTD)

Effectiveness and Term. This Agreement is executed on the date first above written and shall take effect as of such date. Unless earlier terminated in accordance with the provisions of this Agreement or relevant agreements separately executed among between the Parties, the term of this Agreement shall be 10 years. Upon the expiration of the term, unless Party A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of the term, the term shall be extended for unlimited times, with an extended term of 5 years each time.

Appears in 4 contracts

Samples: Exclusive Business Cooperation Agreement (Lufax Holding LTD), Exclusive Business Cooperation Agreement (Lufax Holding LTD), Exclusive Business Cooperation Agreement (Lufax Holding LTD)

Effectiveness and Term. 5.1 This Agreement is executed on the date first above written and shall take effect as of such date. Unless earlier terminated in accordance with the provisions of this Agreement or relevant agreements separately executed among between the Parties, the term of this Agreement shall be 10 years. Upon the expiration of the term, unless Party A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of the term, the term shall be extended for unlimited times, with an extended term of 5 years each time.

Appears in 4 contracts

Samples: Exclusive Business Cooperation Agreement (Lufax Holding LTD), Exclusive Business Cooperation Agreement (Lufax Holding LTD), Exclusive Business Cooperation Agreement (Lufax Holding LTD)

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Effectiveness and Term. This Agreement is executed on the date first above written and shall take effect as of such date. Unless earlier terminated in accordance with the provisions of this Agreement or relevant agreements separately executed among the Parties, the term of this Agreement shall be 10 years. Upon the expiration of the term, unless Party A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of the term, the term shall be extended for unlimited times, with an extended term of 5 five years each time.

Appears in 2 contracts

Samples: Exclusive Asset Option Agreement (Lufax Holding LTD), Exclusive Asset Option Agreement (Lufax Holding LTD)

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