Common use of Initial Term and Renewals Clause in Contracts

Initial Term and Renewals. The term of this Agreement will be one (1) year from the date set forth above, and will automatically renew for successive one (1) year periods, unless either party provides written notice to the other party of its election to terminate at least 30 days prior to the end of the then current term.

Initial Term and Renewals. The initial term of this Agreement will shall be one (1) year from the date set forth above, Effective Date. This Agreement shall be deemed to have been automatically renewed and will automatically renew extended for successive additional one (1) year periods, unless written notice of termination by either party provides written notice to is received from the other party of its election to terminate at least 30 60 days prior to the end of the then current term. During renewal terms, this Agreement may be terminated by either party upon sixty (60) days prior written notice.