Extending the Term (Option Phases Clause Samples

Extending the Term (Option Phases. 2 and 3) (i) The term of this Agreement may be extended within [INSERT NUMBER] months of the Effective Date in accordance with this Article II and Article III; provided that the Government gives the Performer a preliminary written notice of its intent to extend at least 30 days before the Agreement expires. The preliminary notice does not commit the Government to an extension. (ii) If this option is exercised, the extended Agreement shall be considered to include this Article. (iii) The total duration of this Agreement, including the exercise of any options under this Article, shall not exceed [INSERT NUMBER] months.