Common use of Term Termination Effect of Termination Clause in Contracts

Term Termination Effect of Termination. The term of this Agreement shall commence on the Effective Date and, unless this Agreement is terminated earlier pursuant to Section 5(b) below, or extended as set forth herein, shall remain in effect for a period of three (1) years from the Effective Date (the “Term”). Unless this Agreement is terminated by EVM upon thirty (30) days’ notice to the Property Owner or the Property Owner delivers to EVM a notice of non-renewal of this Agreement in writing at least sixty (60) days prior to the end of the then current Term, this Agreement will automatically renew for additional one (1) year periods. The Property Owner acknowledges that it has no right to terminate this Agreement except (a) prior to the automatic renewal as described above, or (b) in the event of a material breach of this Agreement by EVM which is not cured within thirty (30) days of written notice from the Property Owner (or such longer period if cure cannot be accomplished in such period, provided that cure is promptly commenced and carried through to completion). Upon termination of this Agreement, all rights granted to the Parties hereunder will automatically terminate(c) 30 day notice given without cause property will pay for the original charger installation. EVM will retain ownership of the Charging Stations and EV Vehicles and the Property Owner shall provide EVM access and otherwise cooperate with EVM with respect to the removal of the Charging Stations, EVM Vehicles and EVM Property from the Property. Notwithstanding anything else in this Agreement to the contrary Section 6, Section 7, Section 8, Section 9, Section 12, Section 13 and Section 14, shall survive termination or expiration of this Agreement.