NONRENEWAL AND TERMINATION. (a) Unless otherwise terminated by either party pursuant to the terms of this agreement, this Agreement will be effective for an initial period of one year beginning on the date specified in section IX of this agreement and will be automatically renewed for additional successive terms of one year unless the Manufacturer gives written notice of intent not to renew the agreement at least 90 days before the end of the current period. (b) Either party to the agreement may terminate the agreement for any reason, and such termination will become effective the later of the first day of the first calendar quarter beginning 90 days after the Manufacturer gives written notice requesting termination, or the ending date of the term of the agreement if notice has been given in accordance with section VI(a). (c) Any nonrenewal or termination will not affect rebates due before the effective date of termination.
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Samples: Rebate Agreement
