Common use of Duration and Expiration Clause in Contracts

Duration and Expiration. 1. This Agreement shall remain in force for ten (10) years from the date of notification referred to in Article 13 and shall remain in force for a further period of ten (10), unless one of the two Contracting Parties denies in writing, not later than one year before its expiry date, its intention to terminate this Agreement. 2. In the case of investments made before the expiry date referred to in paragraph 1 of this Article, the provisions of Articles 1 to 12 shall remain in force for an additional period of five (5) years from the above dates. 3. The terms of this Agreement may be amended by mutual consent of the two Contracting Parties and such amendments shall be made through an exchange of notes through diplomatic channels. The date of entry into force will be governed by Article 13.