Common use of TERM; AUTOMATIC EXTENSION Clause in Contracts

TERM; AUTOMATIC EXTENSION. The initial term of this Agreement shall be two (2) years from the effective date hereof. Commencing on the anniversary of the effective date hereof, and on each succeeding anniversary of the date hereof, the term of this Agreement shall automatically be extended for one (1) additional year unless, not later than three (3) months preceding such anniversary date, either party to this Agreement shall have given written notice to the other party pursuant to Section 6 of Part Three that such party will not extend the term of this Agreement.

Appears in 5 contracts

Samples: Quadramed Corp, Quadramed Corp, Quadramed Corp

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