Common use of Term of Contract and Action Period Clause in Contracts

Term of Contract and Action Period. This Contract will remain in effect for five (5) years. The Contract may be extended for periods of up to five (5) years with the approval of the parties.

Term of Contract and Action Period. This Contract will remain in effect for five (5) years. The Contract may be extended for like periods of up to five (5) years with the approval of the parties.

Term of Contract and Action Period. This Unless terminated earlier in accordance with the provisions of the above section entitled “Termination”, this Contract will remain in effect for five (5) years. The Contract may be extended for periods of up to five (5) years with the approval of the parties. This contract will remain in effect until August 01, 2025.

Term of Contract and Action Period. This Contract will remain in effect for five (5) years. The Contract may be extended for periods a period of up to five (5) ten years with the approval of the parties.

Term of Contract and Action Period. This Unless terminated earlier in accordance with the provisions of the above section entitled “Termination”, this Contract will remain in effect for five (5) years. The Contract may be extended for periods of up to five (5) years with the approval of the parties. This contract will remain in effect until Month XX, 20XX.