Common use of Validity of the Framework Agreement and options for prolongation Clause in Contracts

Validity of the Framework Agreement and options for prolongation. The Framework agreement shall be valid for two years from signature. The Purchaser reserves the right to unilaterally prolong the Framework Agreement one or several times for up to two more years. The Framework Agreement shall be valid for no more than four years. Option for prolongation of the Framework Agreement must be redeemed before the expiry of the current contract period. Redemption of option is made by using the Purchaser's change order form. Call-off orders under the Framework Agreement may be done during the entire agreement period. Every call-off order may be valid beyond the Framework Agreement's validity, in a manner ensuring that the Framework Agreement provisions relating to the relevant call-off order applies correspondingly after the expiration of the Framework Agreement.

Validity of the Framework Agreement and options for prolongation. The Framework agreement shall be valid for two 2 (two) years from signature. The Purchaser reserves the right to unilaterally prolong the Framework Agreement one or several times for up to two more additional 2 (two) years. The Framework Agreement shall be valid for no more than four 4 (four) years. Option for prolongation of the Framework Agreement must be redeemed before the expiry of the current contract period. Redemption of option is made by using the Purchaser's change order form. Call-off orders under the Framework Agreement may be done during the entire agreement period. Every call-off order may be valid beyond the Framework Agreement's validity, in a manner ensuring that the Framework Agreement provisions relating to the relevant call-off order applies correspondingly after the expiration of the Framework Agreement.

Validity of the Framework Agreement and options for prolongation. The Framework agreement shall be valid for two years from signature. The Purchaser reserves the right to unilaterally prolong the Framework Agreement one or several times for up to two more years. The Framework Agreement shall be valid for no more than four years. Option for prolongation of the Framework Agreement must be redeemed before the expiry of the current contract period. Redemption of option is made by using the Purchaser's change order form. Call-off Call‐off orders under the Framework Agreement may be done during the entire agreement period. Every call-off call‐off order may be valid beyond the Framework Agreement's validity, in a manner ensuring that the Framework Agreement provisions relating to the relevant call-off call‐off order applies correspondingly after the expiration of the Framework Agreement.