Common use of RENEWAL PERIOD COMPENSATION Clause in Contracts

RENEWAL PERIOD COMPENSATION. 6.1. Pursuant to Section 2.2 of the Agreement, the City reserves the right to extend the term of this Agreement for five (5) additional one-year terms (“Option Periods”).

Appears in 2 contracts

Samples: go.boarddocs.com, sanjose.granicus.com

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RENEWAL PERIOD COMPENSATION. 6.13.1. Pursuant to Section 2.2 of the Agreement, the City reserves the right to extend the term of this Agreement for five (5) additional one-year terms (“Option Periods”)) for services.

Appears in 1 contract

Samples: Agreement

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RENEWAL PERIOD COMPENSATION. 6.1. Pursuant to Section 2.2 of 4.1 After the AgreementInitial Term, the City reserves the right to extend the term of this Agreement for five (5) additional one-year terms pursuant to Section 2.2 (“Option PeriodsOptions to Extend)) at the same rates as the Initial Term unless otherwise requoted and agreed to in writing by the Parties.

Appears in 1 contract

Samples: Extend Agreement

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