Common use of Withdrawal and Expiration Clause in Contracts

Withdrawal and Expiration. 1. Each Party may withdraw from this Agreement by means of a written notification. The withdrawal shall take effect six months after the date on which the notification has been received by the other Parties. 2. If Egypt withdraws, this Agreement shall expire at the end of the notice period, and if all EFTA States withdraw it shall expire at the end of the latest notice period. 3. Any EFTA State which withdraws from the Convention establishing the European Free Trade Association shall ipso facto on the same day as the withdrawal takes effect cease to be a Party to this Agreement. 4. If any EFTA State withdraws from the Convention establishing the European Free Trade Association or from this Agreement, a meeting of the remaining Parties shall be convened to discuss the issue of the continued existence of this Agreement.