Common use of Initial Term and Renewal Clause in Contracts

Initial Term and Renewal. This Agreement shall become effective upon its execution and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of termination.

Initial Term and Renewal. This Agreement shall become effective upon its execution and, shall have an The initial term of five this Agreement is eight (5) 8) years. Following The Agreement will automatically renew for an indefinite period thereafter, unless either Party provides written notice to the other Party of its intention not to renew the Agreement at least eighteen (18) months prior to the expiration date of the initial termterm of the Agreement. During the renewal term of the Agreement, either of the Parties will have the right to terminate the Agreement by providing written notice to the other Party eighteen (18) months prior to the date of termination. Except as amended hereby, all other terms and conditions of the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of terminationremain in full force and effect.

Initial Term and Renewal. This Agreement shall become effective upon its execution and, shall have an The initial term of this Agreement is five (5) years. Following The Agreement will automatically renew for an indefinite period thereafter, unless either Party provides written notice to the other Party of its intention not to renew the Agreement at least eighteen (18) months prior to the expiration date of the initial termterm of the Agreement. During the renewal term of the Agreement, either of the Parties will have the right to terminate the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving providing written notice to the other Party six eighteen (618) months’ written notice months prior to the date of termination.

Initial Term and Renewal. This Agreement shall will become effective upon its execution on [Insert Effective Date], and, shall will have an initial term of five [one (51) – twenty (20)] years. Following the expiration of the initial term, the Agreement shall will automatically renew for successive one-up to five (5) year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of terminationtermination or termination pursuant to the other terms of this Agreement.

Initial Term and Renewal. This Agreement shall become effective upon its execution on [Insert Effective Date], and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of terminationtermination or pursuant to the other terms of this Agreement.

Initial Term and Renewal. This Agreement shall become effective upon its execution and, on the Effective Date and shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of terminationtermination or pursuant to the other terms of this Agreement.

Initial Term and Renewal. This Agreement shall become effective upon its execution on [Insert Effective Date]August 1, 2016, and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-one- year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of terminationtermination or pursuant to the other terms of this Agreement.

Initial Term and Renewal. This Agreement shall become effective upon its execution and, on the Effective Date and shall have an initial term of five (5) yearsconcluding February 6, 2026. Following the expiration of the initial term, the Agreement shall automatically renew continue for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice pursuant to Section 10.2 of terminationthis Agrement.

Initial Term and Renewal. This Agreement shall will become effective upon its execution on the day of , 20 and, shall will have an initial term of five [one (51) – twenty (20)] years. Following the expiration of the initial term, the Agreement shall will automatically renew for successive one-year terms until such time that a renewal term of [one (1) – five (5)] year(s) terms. Either party may terminate this Agreement at the Agreement is terminated end of the initial term or a renewal term by either Party upon giving the other Party six (6) months’ months written notice of terminationthe intent to terminate prior to the expiration of the then-current term.

Initial Term and Renewal. This Agreement shall will become effective upon its execution on the ___ day of _______ _, 20 and, shall will have an initial term of five [one (51) – twenty (20)] years. Following the expiration of the initial term, the Agreement shall will automatically renew for successive one-year terms until such time that a renewal term of [one (1) – five (5)] year(s)terms. Either party may terminate this Agreement at the Agreement is terminated end of the initial term or a renewal term by either Party upon giving the other Party six (6) months’ months written notice of terminationthe intent to terminate prior to the expiration of the then-current term.

Initial Term and Renewal. This Agreement shall become effective upon its execution on August 1, 2016, and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of terminationtermination or pursuant to the other terms of this Agreement.

Initial Term and Renewal. This Agreement shall become effective upon its execution andon the date of date of execution, shall have an initial and continue thereafter for a term of five (5) years. Following years with automatic one-year renewals thereafter unless one party notifies the other at least ninety (90) days prior to the expiration of the initial original term or any then expiring renewal term of its election to terminate at the end of such term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of termination.