Common use of T erm Clause in Contracts

T erm. This Agreement and the Information Services Franchise granted hereunder will commence upon the Effective Date and will continue until and including the ten-year anniversary of the Effective Date (the “Initial Term”), unless earlier terminated as described herein. The Parties may, at DoITT’s sole discretion, extend the Agreement for up to a further five-year period (the “Extended Term”), upon written petition from the Company made within six (6) months prior to expiration of the Initial Term and with DoITT’s written permission. The Initial Term together with any Extended Term shall be known as the “Term”.