Common use of Subsequent Contract Clause in Contracts

Subsequent Contract. Notice of intent not to enter into a new Contract must be given by the Board, in writing, no later than March 1 of the last year of this Contract, unless this Contract is non-renewed and terminated pursuant to Section 1. Said notice shall be in writing and state the specific reason for non-renewal. Failure to provide the notice of intent not to renew by the Board shall extend this Contract for one (1) additional year. Within ten