Common use of Contract Term and Renewal Clause in Contracts

Contract Term and Renewal. The term of this AGREEMENT shall begin on the Effective Date and shall end <<1-YEAR END DATE>>. The DISTRICT has the option to renew the AGREEMENT with the same terms on a yearly basis, based on program need, in accordance with the fee schedule as stated in EXHIBIT “A”. The PARTIES agree should all Services be completed by CONSULTANT and accepted, in writing, by DISTRICT prior to the end date stated within this Paragraph, the AGREEMENT shall automatically terminate. The DISTRICT will have the ability to renew the AGREEMENT on an annual basis for up to five (5) years maximum beginning on the Effective Date and could be extended through <<5-YEAR END DATE>>, if on an annual basis the DISTRICT elects to renew the AGREEMENT based on needs.

Appears in 2 contracts

Sources: Architectural Services Agreement, Project Management and Planning Consultant Services Agreement