Common use of Supplement Term Clause in Contracts

Supplement Term. The Term of this Supplement shall commence as of 12:00:01 a.m., _________ Time on the Supplement Effective Date and shall continue until the date of expiration or earlier termination of the MPSA, unless this Supplement is terminated as provided in the MPSA, in which case the Term of this Supplement shall end at 11:59:59 p.m., Central Time, on the effective date of such termination. The Supplement Commencement Date is [ ]. 4.

Supplement Term. The Term of this Supplement shall commence as of 12:00:01 a.m., _________ Time on the Supplement Effective Date and shall continue until five (5) years after the date of expiration or earlier termination of the MPSAMPSA Effective Date at 11:59:59 p.m., unless this Supplement is terminated as provided herein or in the MPSA, in which case the Term of this Supplement shall end at 11:59:59 p.m., Central Time, on the effective date of such termination. Local Client may, at its sole option, extend the Supplement Term for up to two (2) successive periods of one (1) year each on the terms and conditions set forth in this Supplement. The Supplement Commencement Date is [ ]. 4.