Common use of Effectiveness and Term Clause in Contracts

Effectiveness and Term. 4.1 This Agreement shall be effective as of the date of its execution. 4.2 The term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 9 contracts

Samples: Exclusive Purchase Option Agreement (JD.com, Inc.), Exclusive Purchase Option Agreement (JD.com, Inc.), Exclusive Purchase Option Agreement (JD.com, Inc.)

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Effectiveness and Term. 4.1 6.1 This Agreement shall be effective take effect as of the date of its execution. 4.2 first written above. The term of this Agreement is ten (10) years. years unless early termination occurs in accordance with relevant provisions herein or any other agreement reached by the Parties. 6.2 This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, Agreement and so forth thereafter. 4.3 During the extended term shall be ten (10) years or the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or agreed by any other reason, this Agreement shall be terminated upon such terminationboth Parties.

Appears in 9 contracts

Samples: Exclusive Technology Consulting and Service Agreement (JD.com, Inc.), Exclusive Technology Consulting and Service Agreement (JD.com, Inc.), Exclusive Technology Consulting and Service Agreement (JD.com, Inc.)

Effectiveness and Term. 4.1 This Agreement is executed on the date first above written and shall be effective take effect as of such date. Unless terminated early in accordance with the date provisions of its execution. 4.2 The this Agreement or relevant agreements separately executed among the Parties, the term of this Agreement is ten (10) shall be 10 years. This Agreement may be extended for another ten (10) years upon Upon the expiration of the term, unless Party A’s written confirmation A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of this Agreementthe term, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such terminationextended for unlimited times, with an extended term of 5 years each time.

Appears in 8 contracts

Samples: Exclusive Equity Interest Option Agreement (Lufax Holding LTD), Exclusive Asset Option Agreement (Lufax Holding LTD), Exclusive Asset Option Agreement (Lufax Holding LTD)

Effectiveness and Term. 4.1 This Agreement is executed on the date first above written and shall be effective take effect as of such date. Unless earlier terminated in accordance with the date provisions of its execution. 4.2 The this Agreement or relevant agreements separately executed among the Parties, the term of this Agreement is ten (10) shall be 10 years. This Agreement may be extended for another ten (10) years upon Upon the expiration of the term, unless Party A’s written confirmation A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of this Agreementthe term, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such terminationextended for unlimited times, with an extended term of 5 years each time.

Appears in 8 contracts

Samples: Exclusive Equity Interest Option Agreement (Lufax Holding LTD), Exclusive Equity Interest Option Agreement (Lufax Holding LTD), Exclusive Asset Option Agreement (Lufax Holding LTD)

Effectiveness and Term. 4.1 This Agreement shall be effective as of the date of its execution. The Parties agree and confirm that the effect of this Agreement shall retrospect to August 25, 2016. Once effective, this Agreement will replace the Original Exclusive Purchase Option Agreement. 4.2 The term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 6 contracts

Samples: Exclusive Purchase Option Agreement (JD.com, Inc.), Exclusive Purchase Option Agreement (JD.com, Inc.), Exclusive Purchase Option Agreement (JD.com, Inc.)

Effectiveness and Term. 4.1 This Agreement is executed on the date first above written and shall be effective take effect as of such date. Unless earlier terminated in accordance with the date provisions of its execution. 4.2 The this Agreement or relevant agreements separately executed between the Parties, the term of this Agreement is ten (10) shall be 10 years. This Agreement may be extended for another ten (10) years upon Upon the expiration of the term, unless Party A’s written confirmation A determines not to extend the term and notifies Party B in writing of such determination within 30 days prior to the expiration of this Agreementthe term, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such terminationextended for unlimited times, with an extended term of 5 years each time.

Appears in 4 contracts

Samples: Exclusive Business Cooperation Agreement (Lufax Holding LTD), Exclusive Business Cooperation Agreement (Lufax Holding LTD), Exclusive Business Cooperation Agreement (Lufax Holding LTD)

Effectiveness and Term. 4.1 5.1 This Agreement shall be effective as of come into force upon its execution on the date of its executionfirst written above. 4.2 The term of this 5.2 This Agreement is shall remain valid for ten (10) years. This Agreement may . 5.3 Party B hereby agrees that the term of this agreement shall be extended automatically for another ten (10) years upon unless Party A’s A sends to Party B a written confirmation notice terminating this Agreement within six (6) months prior to the expiration expiry date of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 3 contracts

Samples: Exclusive Technical Consultancy and Services Agreement (Spirit International, Inc.), Exclusive Technical Consultancy and Services Agreement (SouFun Holdings LTD), Exclusive Technical Consultancy and Services Agreement (SouFun Holdings LTD)

Effectiveness and Term. 4.1 6.1 This Agreement shall be become effective as after being executed by the Parties. Unless terminated in advance in accordance with the terms of this Agreement or relevant agreements entered into by the date of its execution. 4.2 The Parties, the term of this Agreement is shall be 10 years. 6.2 When the term of this Agreement expires, unless Party A informs Party B by prior written notice three (3) months in advance, the term of this Agreement shall be automatically extended by ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafterforth. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 3 contracts

Samples: Exclusive Consulting and Services Agreement (Pinduoduo Inc.), Exclusive Consulting and Services Agreement (Walnut Street Group Holding LTD), Exclusive Consulting and Services Agreement (Walnut Street Group Holding LTD)

Effectiveness and Term. 4.1 This Agreement shall be effective as of the date of its execution. The Parties agree and confirm that the effect of this Agreement shall retrospect to June 15, 2016. Once effective, this Agreement will replace the Original Exclusive Purchase Option Agreement. 4.2 The term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 2 contracts

Samples: Exclusive Purchase Option Agreement, Exclusive Purchase Option Agreement (JD.com, Inc.)

Effectiveness and Term. 4.1 This Agreement shall be effective as of the date of its execution. The Parties agree and confirm that the effect of this Agreement shall retrospect to April 27, 2007. Once effective, this Agreement will replace the Original Exclusive Purchase Option Agreement. 4.2 The term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 2 contracts

Samples: Exclusive Purchase Option Agreement (JD.com, Inc.), Exclusive Purchase Option Agreement (JD.com, Inc.)

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Effectiveness and Term. 4.1 This Agreement is executed on the date first above written and shall be effective take effect as of such date. Unless earlier terminated in accordance with the date provisions of its execution. 4.2 The this Agreement or relevant agreements separately executed among the Parties, the term of this Agreement is ten (10) shall be 10 years. This Agreement may be extended for another ten (10) years upon Upon the expiration of the term, unless Party A’s written confirmation A determines not to extend the term and notifies Party B and Party C in writing of such determination within 30 days prior to the expiration of this Agreementthe term, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such terminationextended for unlimited times, with an extended term of five years each time.

Appears in 2 contracts

Samples: Exclusive Asset Option Agreement (Lufax Holding LTD), Exclusive Asset Option Agreement (Lufax Holding LTD)

Effectiveness and Term. 4.1 This Agreement shall be effective as of the date of its execution. The Parties agree and confirm that the effect of this Agreement shall retrospect to November 18, 2014. Once effective, this Agreement will replace the Original Exclusive Purchase Option Agreement. 4.2 The term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 2 contracts

Samples: Exclusive Purchase Option Agreement (JD.com, Inc.), Exclusive Purchase Option Agreement (JD.com, Inc.)

Effectiveness and Term. 4.1 This Agreement shall be effective as of the date of its execution. The Parties agree and confirm that the effect of this Agreement shall retrospect to April 15, 2011. Once effective, this Agreement will replace the Original Exclusive Purchase Option Agreement. 4.2 The term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 1 contract

Samples: Exclusive Purchase Option Agreement (JD.com, Inc.)

Effectiveness and Term. 4.1 5.1 This Agreement shall take effect upon signing. Unless earlier terminated in accordance with the provisions of this Agreement or relevant agreements separately executed between the Parties, the term of this Agreement shall be effective as of the date of its execution10 years starting from May 6, 2013. 4.2 5.2 The term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon if confirmed in writing by Party A’s written confirmation A prior to the expiration of this Agreementthereof. The extended term shall be determined by Party A, and so forth thereafterParty B shall accept such extended term unconditionally. 4.3 During the term provided in Section 4.2, if Party A or Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated upon such termination.

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (Xiaoju Kuaizhi Inc.)

Effectiveness and Term. 4.1 6.1 This Agreement shall come into effect upon due execution by the parties. This Agreement shall have a term of three years, unless early terminated pursuant to this Agreement or in accordance with the terms of any other agreement entered into by the parties separately. 6.2 This Agreement shall be effective as automatically extended for a term of three years upon expiration of the date of its execution. 4.2 The current term of this Agreement is ten (10) years. This Agreement may be extended for another ten (10) years upon Party A’s written confirmation prior to the expiration of this Agreement, and so forth thereafter. 4.3 During the term provided in Section 4.2, if unless Party A or gives a three months’ prior written notice to Party C is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, B that this Agreement shall not be terminated upon such terminationextended.

Appears in 1 contract

Samples: Exclusive Consultancy and Service Agreement (Solar Power, Inc.)

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