Examples of Option Period 2 in a sentence
See Table B-2 If option is exercised to extend EA ordering, the Contractor shall provide CLIN 0002 products and services IAW delivery orders issued during Option Period 2.
See Table B-1 If option is exercised to extend EA ordering, the Contractor shall provide CLIN 0001 products and services IAW delivery orders issued during Option Period 2.
See Table B-3 SYSTEM: EA If Option is exercised to extend ordering, the Contractor shall provide CLIN 0003 products and services IAW delivery orders issued during Option Period 2.
If Spark does not exercise the Option within the Option #1 Period Exercise Period and does not elect to initiate Option Period #2 in accordance with Section 2.3, or if Spark elects to initiate Option Period #2 in accordance with Section 2.3 and does not exercise the Option within the Option #2 Period Exercise Period, then this Agreement shall terminate at the end of the applicable Option Exercise Period in accordance with Section 10.1.
Each option shall be for an additional period of five (5) years each (respectively, "Option Period #1" and "Option Period #2") from and after the Term Expiration Date.