Common use of Contract Term and Renewal Clause in Contracts

Contract Term and Renewal. This Contract shall begin on the Effective Date and shall continue until Insert expiration date of Contract (the “Initial Term”). SRTA may elect to renew this Contract on the same terms and conditions for up to three (3) additional renewal periods with a term of up to one (1) year each (each a “Renewal Term”). The renewal of the Contract shall be at the sole discretion of SRTA.

Contract Term and Renewal. This Contract shall begin on be effective upon the Effective Date and shall continue until Insert expiration date of Contract expire one (1) year thereafter, ending at 11:59 pm (the “Initial Term”). SRTA may elect to renew this Contract on the same terms and conditions for up to three (3) additional renewal periods with a term of up to one (1) year each (each a “Renewal Term”). The renewal Renewal of the this Contract shall be at the sole discretion of SRTA. The Initial Term and any Renewal Term may be referred to collectively as the "Term." Any extension of the Term of the Contract must be in writing and signed by the Parties to the Contract.

Contract Term and Renewal. This Contract shall begin on be effective upon the Effective Date aforementioned date and shall continue until Insert expiration date of Contract expire two (2) years thereafter, ending at 11:59 pm (the “Initial Term”). SRTA may elect to renew this Contract on the same terms and conditions for up to three two (32) additional renewal periods with a term of up to one two (12) year each (each a “Renewal Term”). The renewal Renewal of the this Contract shall be at the sole discretion of SRTA. Any extension of the Term of the Contract must be in writing and signed by the Parties to the Contract.

Contract Term and Renewal. This Contract shall begin on the Effective Date and shall continue until Insert expiration date of Contract for three years thereafter, ending at 11:59 pm (the “Initial Term”). SRTA may elect to renew this Contract on the same terms and conditions for up to three two (32) additional renewal periods with a term of up to one (1) year each (each a “Renewal Term”). The renewal of the Contract shall be at the sole discretion of SRTA.