Termination of the. Contract The Contract is concluded for an indefinite period. The Contract comes into effect on the date of its signature by both Contracting Parties. The Contract can be terminated by agreement of both Contracting Parties. Either Party is also entitled to terminate the Contract without giving any reason. The notice period is one month for the first year of the representation, two months for the second year and three months for the third year and beyond. The notice period begins on the first day of the month following the month in which the notice was delivered to the other Contracting Party.
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Sources: Agency Contract, Agency Contract, Agency Contract