Common use of Cooperation Period Clause in Contracts

Cooperation Period. 2.1 The period of cooperation between both parties is - years, calculated from the date of signing this contract. One month before the expiration of the cooperation, both parties shall negotiate whether to renew the contract. If the other party is not notified in writing that it will not renew the contract, the contract will be automatically renewed for 1 year. 2.2 Party A has the right to unilaterally choose to terminate the cooperation involved in this contract according to its own business development needs, cooperation with Party B and other reasons, but shall notify Party B in writing 10 days in advance so that Party B can deal with the aftermath. 2.3 both parties specially agree that if Party B is unable to continue to provide services due to changes in national or local policies, Party B has the right to unilaterally choose to terminate the cooperation involved in this contract, but shall notify Party A in writing 3 days in advance so that Party A can deal with the aftermath.