Common use of Duration and Extension Clause in Contracts

Duration and Extension. 1. This Contract has a duration of years/months starting from the date when it was entered into and can be extended before its expiry, by mail exchange between the Parties, in order to conclude the activities still in progress

Duration and Extension. 1. This Contract has a duration of _____ years/months starting from the date when it was entered into and can be extended before its expiry, by mail exchange between the Parties, in order to conclude the activities still in progress