Common use of Duration & Option to Renew Clause in Contracts

Duration & Option to Renew. This Agreement, which shall commence on the last date signed below, is for a non-exclusive, state term contract for the local telecommunication services as further described herein and shall be for an initial term of five (5) years. This Agreement may be renewed by the State, at its sole option, annually or in any combination as long as the term of the Agreement does not exceed a total of seven

Appears in 2 contracts

Sources: Telecommunications, Telecommunications