TERMINATION AND RENEGOTIATION. A. This Agreement shall remain in effect until April 12, 2025, unless it is found to be unenforceable or is ordered terminated by an arbitrator or court of competent jurisdiction. Either the Guild or the Agent shall have the right to terminate and propose modifications to the Agreement by serving written notice on the other party at least one hundred twenty (120) days prior to the termination date. If neither party serves timely notice of termination, the Agreement will automatically be extended for additional one-year periods, subject to the right of either party to serve a notice of termination at least one hundred twenty (120) days prior to the termination date then in effect.
Appears in 8 contracts
Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement
TERMINATION AND RENEGOTIATION. A. This Agreement shall remain in effect until April 12, 20252024, unless it is found to be unenforceable or is ordered terminated by an arbitrator or court of competent jurisdiction. Either the Guild or the Agent shall have the right to terminate and propose modifications to the Agreement by serving written notice on the other party at least one hundred twenty (120) 90 days prior to the termination date. If neither party serves timely notice of termination, the Agreement will automatically be extended for additional one-year periods, subject to the right of either party to serve a notice of termination at least one hundred twenty (120) 90 days prior to the termination date then in effect.
Appears in 3 contracts
Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement
TERMINATION AND RENEGOTIATION. A. This Agreement shall remain in effect until April 12, 20252025 4, unless it is found to be unenforceable or is ordered terminated by an arbitrator or court of competent jurisdiction. Either the Guild or the Agent shall have the right to terminate and propose modifications to the Agreement by serving written notice on the other party at least one hundred twenty (120) 120 days prior to the termination date. If neither party serves timely notice of termination, the Agreement will automatically be extended for additional one-year periods, subject to the right of either party to serve a notice of termination at least one hundred twenty (120) 120 days prior to the termination date then in effect.
Appears in 1 contract
Samples: Franchise Agreement
TERMINATION AND RENEGOTIATION. A. This Agreement shall remain in effect until April 12, 20252024, unless it is found to be unenforceable or is ordered terminated by an arbitrator or court of competent jurisdiction. Either the Guild or the Agent shall have the right to terminate and propose modifications to the Agreement by serving written notice on the other party at least one hundred twenty (120) 90120 days prior to the termination date. If neither party serves timely notice of termination, the Agreement will automatically be extended for additional one-year periods, subject to the right of either party to serve a notice of termination at least one hundred twenty (120) 90120 days prior to the termination date then in effect.
Appears in 1 contract
Samples: Franchise Agreement
TERMINATION AND RENEGOTIATION. A. This Agreement shall remain in effect until April 12, 2025, unless it is found to be unenforceable or is ordered terminated by an arbitrator or court of competent jurisdiction. Either the Guild or the Agent shall have the right to terminate and propose modifications to the Agreement by serving written notice on the other party at least one o ne hundred twenty (120) days prior to the termination date. If neither party serves timely notice of termination, the Agreement will automatically be extended for additional one-year periods, subject to the right of either party to serve a notice of termination at least one o ne hundred twenty (120) days prior to the termination date then in effect.
Appears in 1 contract
Samples: Franchise Agreement
TERMINATION AND RENEGOTIATION. A. This Agreement shall remain in effect until April 12, 20252024, unless it is found to be unenforceable or is ordered terminated by an arbitrator or court of competent jurisdiction. Either the Guild or the Agent shall have the right to terminate and propose modifications to the Agreement by serving written notice on the other party at least one hundred twenty (120) 120 days prior to the termination date. If neither party serves timely notice of termination, the Agreement will automatically be extended for additional one-year periods, subject to the right of either party to serve a notice of termination at least one hundred twenty (120) 120 days prior to the termination date then in effect.
Appears in 1 contract
Samples: Franchise Agreement