Common use of Contract Period and Termination Clause in Contracts

Contract Period and Termination. The term of this Agreement will be initially for one (1) year from the Effective Date and will be automatically extended for successive one (1) year periods, unless at anytime any party elects to terminate this Agreement and gives at least thirty (30) days prior written notice of termination to each other party.

Appears in 2 contracts

Sources: Trustee Services Agreement (Macc Private Equities Inc), Trustee Services Agreement (Max USA Holdings Ltd.)

Contract Period and Termination. The term of this Agreement will be initially for one (1) year from the Effective Date and will be automatically extended for successive one (1) year periods, unless at anytime any time either party elects to terminate this Agreement and gives at least thirty (30) days days’ prior written notice of termination to each the other party.

Appears in 1 contract

Sources: Staffing Agreement (Cleco Power LLC)