Common use of FRAMEWORK TERM Clause in Contracts

FRAMEWORK TERM. 2.2.1 The Framework Agreement shall take effect on the Effective Date9. This Framework Agreement shall be established for a term of two (2) years with the option, at the sole discretion of the LGOPC, to extend the term of this Framework Agreement for two (2) further periods of one (1) year each unless it is otherwise terminated in accordance with the provisions of this Framework Agreement.

FRAMEWORK TERM. 2.2.1 The Framework Agreement shall take effect on the Effective Date9Date8. This The Framework Agreement shall be established continue in full force and effect for a term of two (2) years years, (the Framework Term) with an option to the optionLGOPC of two further 12 month extensions, at the sole discretion of the LGOPCsubject to available budgets and other factors, to extend the term of this Framework Agreement for two (2) further periods of one (1) year each unless it is otherwise terminated in accordance with the provisions of this Framework Agreement. 2.2.2 Notwithstanding the expiry of the Framework Term, a Supplementary Request for Tender9 (sRFT) contract that is not completed prior to the end of the Framework Term shall be governed by this Framework Agreement.