Common use of DURATION, TERM AND RENEWAL Clause in Contracts

DURATION, TERM AND RENEWAL. This Agreement shall be effective _______________________ and shall remain in full force and in effect January 1, 2012 through December 31, 2015 without any reopening date. This agreement shall continue in full force and effect from year to year thereafter, until one party or the other gives notice, in writing no sooner than one hundred and fifty 150 days nor no later than one hundred and twenty 120 days prior to the expiration of this agreement of a desire to change, modify, or terminate this agreement.

Appears in 2 contracts

Samples: Agreement, Agreement

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DURATION, TERM AND RENEWAL. This Agreement shall be effective _______________________ January 1, 2012 and shall remain in full force and in effect January 1, 2012 through and including December 31, 2015 without any reopening date2014. This agreement It shall continue in full force and effect automatically be renewed from year to year thereafter, until one unless either party or shall notify the other gives noticeother, in writing no sooner than writing, before one hundred and fifty 150 days nor no later than one hundred and twenty 120 (120) calendar days prior to the expiration of this agreement of a desire termination date that it desires to change, modify, or terminate modify this agreement. In the event such notice is given, negotiations shall begin no later than ninety (90) calendar days prior to the termination date. This agreement shall remain in full force and effect during the period of negotiations.

Appears in 1 contract

Samples: www.perc.state.nj.us

DURATION, TERM AND RENEWAL. This Agreement THIS AGREEMENT shall be effective _______________________ January 1, 2009 and shall remain in full force and in effect January 1, 2012 through December 31, 2015 without any reopening date2013. This agreement It shall continue in full force and effect automatically be renewed from year to year thereafter, until one unless either party or shall notify the other gives noticeother, in writing no sooner than writing, before one hundred and fifty 150 days nor no later than one hundred and twenty 120 (120) calendar days prior to the expiration termination date that it desires to modify this Agreement. In the event such notice is given, negotiations shall begin no later than ninety (90) calendar days prior to the termination date. This Agreement shall remain in full force and effect during the period of this agreement of a desire to change, modify, or terminate this agreementnegotiations.

Appears in 1 contract

Samples: www.perc.state.nj.us

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DURATION, TERM AND RENEWAL. This Agreement THIS AGREEMENT shall be effective _______________________ January 1, 2002 and shall remain in full force and in effect January 1, 2012 through December 31, 2015 without any reopening date2005. This agreement It shall continue in full force and effect automatically be renewed from year to year thereafter, until one unless either party or shall notify the other gives noticeother, in writing no sooner than writing, before one hundred and fifty 150 days nor no later than one hundred and twenty 120 (120) calendar days prior to the expiration termination date, that it desires to modify this Agreement. In the event such notice is given, negotiations shall begin no later than ninety (90) calendar days prior to the termination date. This Agreement shall remain in full force and effect during the period of this agreement of a desire to change, modify, or terminate this agreementnegotiations.

Appears in 1 contract

Samples: Agreement

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