Common use of Validity and Termination Clause in Contracts

Validity and Termination. 1. This Agreement is concluded for a period of ten years. It shall be extended for an indefinite period, unless either Contracting Party notifies in writing the other Contracting Party at least twelve months before the expiry of the relevant period, of its intention to terminate this Agreement. 2. At the same time in respect of investments made prior to the termination of this Agreement, the provisions of Articles 1 - 12 relating to such investments, will remain in force for a period of ten years from the date of termination of this Agreement.

Validity and Termination. 1. This Agreement is concluded shall remain in force for a period of ten years. It Thereafter, this Agreement shall be extended for an indefinite period, unless either Contracting Party notifies remain in writing force if the other Contracting Party at least has not notified the other Contracting Party of this Agreement in writing twelve months before the expiry of date. If the relevant period, of its intention to terminate this Agreement. 2. At the same time in respect of investments investment is made prior to the termination of this Agreement, the provisions of Articles 1 - 12 relating to such investments, will this Agreement shall remain in force for a period of ten years from the date of termination of this Agreementits termination.