Common use of Contract Extensions Clause in Contracts

Contract Extensions. If extensions of this Contract are deemed reasonable by the Seller, the stumpage price agreed upon herein shall be adjusted as follows: First six-month extension: 0% increase Second six-month extension: 5% increase Additional six-month extensions: 10% increase Other applicable charges or fees: ______________________

Contract Extensions. If extensions of this Contract are deemed reasonable by the Seller, the stumpage price agreed upon herein shall be adjusted as follows: First six-month extension: 0% increase Second six-month extension: 5% increase Additional six-month extensions: 10% increase Other applicable charges or fees: ______________________Click or tap here to enter text.

Contract Extensions. If extensions of this Contract are deemed reasonable by the Seller, the stumpage price agreed upon herein shall be adjusted as follows: First six-month extension: 0% increase Second six-month extension: 5% increase Additional six-month extensions: 10% increase Other applicable charges or fees: ______________________Click or tap here to enter text.