Contract Term and Renewal Options. The initial Contract term, which begins on the effective date of the Contract, is one year and there are (4) one-year options to renew the Contract.
Contract Term and Renewal Options. 4.1 The Initial Contract term (hereinafter “Initial Term”) shall cover a period of twelve (12) calendar months for the City Fiscal Year or portion thereof.
4.2 This Agreement shall cover the Initial Term through completion of the Task Order requirements and approved deliverables.
4.3 CITY reserves the right to extend this Agreement, exercised in writing annually, four (4) additional, successive one-year periods. Automatic renewals are prohibited.
4.4 If CITY desires to extend this Agreement, it shall give written notice of such renewal prior to the expiration date of the current Term.
4.5 The final Term of this Agreement may be extended solely for the purpose of completing Task Order requirements and approved deliverables.
Contract Term and Renewal Options. The initial Contract term shall begin on 01/01/2023 and shall extend through one (1) year ending 12/31/2023. By mutual consent of the parties hereto, it is intended that there shall be four (4) options to renew, subject to the terms and conditions set forth herein, each for duration of one (1) year.
Contract Term and Renewal Options. The initial Contract term, which begins on the effective date of the Contract, is one year and there are [4] one-year options to renew the Contract. This State of Oklahoma General Terms (“General Terms”) is a Contract Document in connection with a Contract awarded by the Office of Management and Enterprise Services on behalf of the State of Oklahoma. In addition to other terms contained in an applicable Contract Document, Supplier and State agree to the following General Terms:
Contract Term and Renewal Options. The term of this Contract shall be two (2) years commencing on the last date of approval by TEC, Vendor, and DIR. This Contract shall be effective upon signature of parties and approval by DIR through 8/31/2023. Prior to expiration of the original term, TEC may extend the Contract, by amendment, for up to two (2) additional two-year terms. TEC in its sole discretion, may extend this period for up to an additional six (6) months or for such additional time as TEC deems necessary to ensure the completion of services. The term for any agreement between a Local Authority and Vendor for Modification and Application Support Services shall be coterminous with this Contract. Maintenance service costs for the first year the Local Authority participates in this Contract shall be pro-rated for the annual term under which the agreement between the Local Authority and Vendor was entered.
