MUTUAL EXTENSION OF TIME PERIOD. If mutually agreed between PSG and the Contractor, the Contract may be extended under the same terms and conditions for an additional period(s) of up to five years; extensions may be exercised on a continuing basis such as an additional three month, six month, twelve month or 24 month periods.
Appears in 3 contracts
Sources: Miscellaneous Light Duty Vehicles Agreement, Miscellaneous Light Duty Vehicles Agreement, Miscellaneous Light Duty Vehicles Agreement