Common use of Term of Agreement and Termination Clause in Contracts

Term of Agreement and Termination. This Agreement shall become effective as of November 1, 1996 and shall remain in effect for a period of ten (10) years. It is to be automatically renewed thereafter for subsequent one (1)-year periods unless either Party provides the other Party with a six (6) month prior written notice not to renew. However, this Agreement may be terminated immediately:

Appears in 3 contracts

Samples: Distribution Agreement (Hawker Pacific Aerospace), Distribution Agreement (Hawker Pacific Aerospace), Distribution Agreement (Hawker Pacific Aerospace)

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Term of Agreement and Termination. This Agreement agreement shall become be effective as on the 1st day of November June 2006, and shall continue through the 1st day of June 2008. It shall automatically be renewed thereafter year to year, unless terminated on June 1, 1996 and shall remain in effect for a period of ten (10) years. It is 2008 by either party upon 90 days written notice prior to be automatically renewed thereafter for subsequent one (1)-year periods unless either Party provides June 1, 2008 to the other Party with a six (6) month prior written notice not to renew. However, this Agreement may be terminated immediately:by registered mail.

Appears in 2 contracts

Samples: Agreement (Tactical Solution Partners, Inc.), Agreement (Tactical Solution Partners, Inc.)

Term of Agreement and Termination. a. This Agreement agreement shall become effective as of November 1, 1996 the date set forth below and shall remain be in effect for a period of ten (10) years. It is to be automatically renewed thereafter for subsequent one (1)-year periods 1) year from said date (the “Term”). This Agreement will be renewed automatically unless otherwise notified by either Party provides party. After the other Party with a six (6) month prior written notice not to renew. Howeverfirst year, this Agreement may shall be terminated immediately:terminable by either party by giving ninety (90) days written notice to the other.

Appears in 2 contracts

Samples: Distributor Agreement (MEMSIC Inc), Distributor Agreement (MEMSIC Inc)

Term of Agreement and Termination. This Agreement shall become effective as of November 1, 1996 continue in full force and shall remain in effect for a period term of ten (10) years18 months from the date of execution and shall be binding upon and inure to the benefit of the parties hereto and their successors and assigns including purchasers of Company’s assets as more fully stated below. It is to be The Agreement shall renew automatically renewed thereafter for subsequent one (1)-year periods successive 18 month terms unless either Party provides party notifies the other Party with a six (6) month prior written notice other, in writing, of its intention not to renewrenew at least sixty (60) days before the end of the initial term of this Agreement or any renewal term. However, this This Agreement may be terminated immediatelyonly for the following reasons:

Appears in 2 contracts

Samples: Consulting Agreement, Nexphase Global Representative Agreement (Sports Field Holdings, Inc.)

Term of Agreement and Termination. 8.1 The term of this Agreement shall be effective as of the Effective Date and shall continue for 6 months. This Agreement shall become effective as renew automatically for an additional term of November 16 months, 1996 and shall remain in effect for a period unless notice of ten (10) years. It non-renewal is given to be automatically renewed thereafter for subsequent one (1)-year periods unless either Party provides the other Party with a six (6) month party at least 90 days prior written notice not to renew. However, the expiration of this Agreement may be terminated immediately:Agreement.

Appears in 1 contract

Samples: Services Agreement (Respect Your Universe, Inc.)

Term of Agreement and Termination. This 11.1 The duration of this Agreement shall become effective as of November 1, 1996 and shall remain in effect be for a period of ten three (103) yearsyears from the date hereof, unless earlier terminated under the provisions of this Agreement. It is to further agreed that this Agreement and the rights and authorizations granted hereunder shall be renewed automatically renewed thereafter for subsequent additional successive one (1)-year 1) year periods unless either Party provides party notifies the other Party with a six (6) month prior written notice party in writing of its intention not to renew. Howeverhave Agreement and the rights and authorizations renewed at least one hundred eighty (180) days prior to the expiration date of this Agreement, this Agreement may be terminated immediately:or its subsequent renewals.

Appears in 1 contract

Samples: Infonet Services Agreement (Infonet Services Corp)

Term of Agreement and Termination. This Agreement shall become effective as of November 1, 1996 and shall remain in effect for a period of ten (10) [*] years. It is to be automatically renewed thereafter for subsequent one (1)-year periods unless either Party provides the other Party with a six (6) month prior written notice not to renew. However, this Agreement may be terminated immediately:

Appears in 1 contract

Samples: Distribution Agreement (Hawker Pacific Aerospace)

Term of Agreement and Termination. A. This Agreement shall become be effective as on the day of November 1July 1st, 1996 2001, and shall remain in effect for a period continue until June 30th, 2004. This Agreement shall automatically be renewed from year to year thereafter unless terminated by either party upon ninety (90) days written notice of ten (10) years. It is its intent not to be automatically renewed thereafter for subsequent one (1)-year periods unless either Party provides renew to the other Party with a six (6) month by registered or certified mail prior written notice not to renew. Howeverthe end of the initial term of this Agreement, this Agreement may be terminated immediately:or any renewal term.

Appears in 1 contract

Samples: Cyberguard Corporation (Cyberguard Corp)

Term of Agreement and Termination. This Agreement agreement shall become effective as of November commence on January 1, 1996 1998, and shall remain in effect be effective until December 31, 1998. This agreement shall automatically be renewed for a period of ten (10) years. It is additional one-year terms subject to be automatically renewed thereafter for subsequent one (1)-year periods unless either Party provides party's right to terminate this agreement by giving the other Party with a six party at least hundred-twenty (6120) month prior days written notice not subject to renewarticle 12 prior to the expiration date of the current term and thereafter to the anniversary date. However, this Agreement may be terminated immediately:(12.1)

Appears in 1 contract

Samples: 1 (Autocyte Inc)

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Term of Agreement and Termination. This Agreement shall become effective as of November commence on January 1, 1996 1999, and shall remain in effect be effective until December 31, 1999. This Agreement shall automatically be renewed for a period of ten (10) years. It is additional one-year terms subject to be automatically renewed thereafter for subsequent one (1)-year periods unless either Party provides party's right to terminate this Agreement by giving the other Party with a six party at least hundred-twenty (6120) month prior days written notice not subject to renew. However, this Agreement may be terminated immediately:article 13.1 prior to the expiration date of the current term and thereafter to the anniversary date.

Appears in 1 contract

Samples: Oem Supply Agreement (Autocyte Inc)

Term of Agreement and Termination. This Agreement shall become be effective as on the 16 day of November 1February, 1996 2018, and shall remain continue in effect force for a period of ten (10) years. It is to one year period, and shall be automatically renewed thereafter for subsequent additional one (1)-year 1) year periods thereafter unless terminated by written notice from either Party provides party to the other Party with a six not less than thirty (630) month days prior written notice not to renewthe end of the initial or any subsequent one-year term. However, this This Agreement may also be terminated immediatelyterminated:

Appears in 1 contract

Samples: Manufacturers’ Representative Agreement (SmartMetric, Inc.)

Term of Agreement and Termination. This Agreement agreement shall become be effective as on the first day of November 1, 1996 20 , and shall remain continue in effect force for a period of ten (10) years. It is to 12 month period, and shall be automatically renewed for additional 12 month periods thereafter for subsequent one (1)-year periods unless terminated by written notice from either Party provides party to the other Party with a six not less than thirty (630) month days prior written notice not to renewthe end of the initial or subsequent term. HoweverThis agreement may also be terminated: Consignment Agreement 000 Xxxxx Xxxxxxx Xxxxx X, this Agreement may be terminated immediately:Xxx Xxxxxxxx, Xx 00000 - Phone 000-000-0000 Fax 000-000-0000

Appears in 1 contract

Samples: Consignment Agreement

Term of Agreement and Termination. This Agreement agreement shall become be effective as on the twenty eighth day of November 1December, 1996 2011, and shall remain continue in effect force for a period of ten (10) years. It is to 1 year periods, and shall be automatically renewed for additional one year periods thereafter for subsequent one (1)-year periods unless terminated by written notice from either Party provides party to the other Party with a six not less than thirty (630) month days prior written notice not to renewthe end of the initial or subsequent term. However, this Agreement This agreement may also be terminated immediatelyterminated:

Appears in 1 contract

Samples: Inventory Consignment Agreement (Organic Treehouse Ltd.)

Term of Agreement and Termination. This a.) The initial term of this Agreement shall become effective as of November 1be until January 5, 1996 2001, and the Agreement shall remain in effect for a period of ten (10) years. It is to be automatically renewed thereafter for subsequent one (1)-year periods automatically on a year-to-year basis, unless either Party provides sooner terminated as hereinafter provided, subject to and upon the terms and conditions herein specified. Either party may terminate this Agreement at any time during a renewal term upon giving the other Party with a six party one hundred twenty (6120) month days prior written notice not to renew. However, this Agreement may be terminated immediately:notice.

Appears in 1 contract

Samples: Confidentiality Agreement (Quintel Communications Inc)

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