Common use of DURATION AND REOPENING Clause in Contracts

DURATION AND REOPENING. This Agreement shall become effective as of September 1, 2023 and shall remain in full force and effective through August 31, 2026, and shall continue in force from year to year thereafter unless and until either party gives the other party written notice, on or before October 15th of the calendar year preceding the year in which this Agreement expires, of its desire to terminate or modify same. If said notice is provided, negotiations for a successor Agreement shall commence promptly after October 15th of the calendar year preceding the year in which this Agreement expires. Except as amended hereby, said Agreement shall remain in full force and effect subject to all terms and conditions set forth therein.