Common use of Additional Term Clause in Contracts

Additional Term. C&C shall have an option to extend this Agreement for one (1) additional term of four (4) years. Such option shall become exercisable at any time by written notice given no less than ninety (90) days prior to expiration of the initial term.

Appears in 2 contracts

Samples: Exclusive Supply Agreement (Charles & Colvard LTD), Exclusive Supply Agreement (Charles & Colvard LTD)

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Additional Term. C&C shall have an option to extend this Agreement for one (1) additional term of four (4) years. Such option shall become exercisable at any time by written notice given no less than ninety (90) days prior to expiration of the initial term.. AND IS DENOTED HEREIN BY *****

Appears in 1 contract

Samples: Exclusive Supply Agreement (Charles & Colvard LTD)

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Additional Term. C&C shall have an option to extend this Agreement for one (1) additional term of four (4) years. Such option shall become exercisable at any time by written notice given no less than ninety (90) days prior to expiration of the initial term.. REDACTED – OMITTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE COMMISSION AND IS DENOTED HEREIN BY *****

Appears in 1 contract

Samples: Exclusive Supply Agreement

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