Common use of DURATION AND CHANGES Clause in Contracts

DURATION AND CHANGES. Section 1. This Agreement shall remain in full force and effect for a period of three (3) years from the date of its approval by the head of the Agency or from the 31st day after execution, whichever is sooner. This Agreement will automatically be renewed for 3-year periods thereafter unless written notice of a desire to renegotiate the Agreement is served by either party between the 105th and 60th day prior to expiration of the contract. Section 2. This Agreement is subject to reopening: a. By mutual consent of the parties concerned; b. When new or revised laws or regulations of appropriate authority require changes to provisions of this Agreement. Section 3. When the renegotiation of this Agreement is pending or in process, and the parties are unable to complete such renegotiation by the termination date of the Agreement, the terms and conditions of this Agreement shall continue in effect until a new Agreement is effected.

DURATION AND CHANGES. Section 1. This Agreement shall will remain in full force and effect for a period of three (3) years from the date of its approval by the head of the Agency or from the 31st day after execution, whichever is sooner. This Agreement will automatically be renewed for 3a three-year periods thereafter period, unless written notice of a desire to renegotiate the Agreement is agreements served by either party between the 105th and 60th day prior to expiration of the contract. Section 2. This Agreement is subject to reopening: a. By mutual consent of the parties concerned;; or b. When new or revised laws or regulations of appropriate authority require changes to provisions of this the Agreement. Section 3. When the renegotiation re-negotiation of this Agreement is pending or in process, and the parties are unable to complete such renegotiation re-negotiation by the termination date of the Agreement, the terms and conditions of this Agreement shall will continue in effect until a new Agreement is effected.