Common use of ANNUAL RENEWALS Clause in Contracts

ANNUAL RENEWALS. For any automatic renewal of this Agreement following the Initial Term (as defined below), Vendor’s fee shall remain the same as that which applies to the then current term for all Services which Vendor has rendered or is reasonably expected to render during such term unless, at least one hundred and eighty (180) days prior to the expiration of the then current term, either party gives written notice to the other that the notifying party desires to renegotiate Vendor’s fee. Any renegotiated compensation shall be set forth in a written amendment to this Agreement pursuant to the requirements of Section 36 below. If the parties are unable to agree to an amended fee, LACERA may terminate this Agreement for convenience pursuant to Section 10 below. If such termination occurs, Vendor shall continue to provide the Services for a period determined by LACERA, but not to exceed three (3) months following the Effective Termination Date (as defined below) at the then current fee and subject to all of the terms and conditions of this Agreement.

ANNUAL RENEWALS. For any automatic renewal of this Agreement following the Initial Term (as defined below), VendorConsultant’s fee shall remain the same as that which applies to the then current term for all Services services which Vendor Consultant has rendered performed or is reasonably expected to render during such term unless, at least one hundred and eighty (180) days prior to the expiration of the then current term, either party gives written notice to the other that the notifying party desires to renegotiate VendorConsultant’s fee. Any renegotiated compensation shall be set forth in a written amendment to this Agreement pursuant to the requirements of Section 36 below. If the parties are unable to agree to an amended fee, LACERA may terminate this Agreement for convenience pursuant to Section 10 below. If such termination occurs, Vendor Consultant shall continue to provide the Services for a period determined by LACERA, but not to exceed three (3) months following the Effective Termination Date (as defined below) at the then current fee and subject to all of the terms and conditions of this Agreement.