Common use of Xxxx and Termination Clause in Contracts

Xxxx and Termination. (a) The term (“Term”) of this Agreement shall commence on the Effective Date and terminate on the Expiration Date set forth on the first page of this Agreement (the “Initial Term”), unless terminated earlier in accordance with the terms of this Section 22, or unless extended in accordance with this Agreement. The Establishing JBE will have the right to extend the term of this Agreement three additional one-year option periods (the “Option Term(s)”). In order to exercise an Option Term, the Establishing JBE must send Notice to Contractor at least thirty (30) days prior to the end of the Initial Term or Option Term as applicable. The exercise of an Option Term will be effective without Contractor’s signature.

Xxxx and Termination. (ai) The term (“Term”) of this Agreement shall commence on the Effective Date and terminate on the Expiration Date set forth on the first page of this Agreement (the “Initial Term”), unless terminated earlier in accordance with the terms of this Section 22, or unless extended in accordance with this Agreement26. The Establishing JBE will have the right to extend the term of this Agreement three one additional onefive-year option periods period (the “Option Term(s)Term”). In order to exercise an this Option Term, the Establishing JBE must send Notice to Contractor at least thirty (30) days prior to the end of the Initial Term or Option Term as applicableTerm. The exercise of an Option Term will be effective without Contractor’s signature.

Xxxx and Termination. (a) The term (“Term”) of this Agreement shall commence on the Effective Date and terminate on the Expiration Date set forth on the first page of this Agreement (the “Initial Term”), unless terminated earlier in accordance with the terms of this Section 2226, or unless extended in accordance with this Agreement. The Establishing JBE will have the right to extend the term of this Agreement three for an additional onethree-year option periods period and another additional two-year option period (the “Option Term(s)Term”). In order to exercise an this Option Term, the Establishing JBE must send Notice to Contractor at least thirty (30) days prior to the end of the Initial Term or Option Term as applicableTerm. The exercise of an Option Term will be effective without Contractor’s signature.