Example ContractsClausesterm of optionVariants
Term of Option
Term of Option contract clause examples

Term. The term of this Agreement shall begin on the Effective Date and will continue in effect until December 31, 2024 (the “Term”).

Term. The term of this Agreement shall commence on the effective date set forth above and continue and remain in effect until December 31, 2020 or until this Agreement is terminated as provided for in Section 9, “Termination”.

“The Agreement shall become effective as of the Effective Date and shall remain in effect until December 31, 2026 unless earlier terminated as provided hereunder (the “Term”).”

Term. The term of this Agreement shall commence on the Effective Date and shall continue until terminated in accordance with the provisions of [Section 4] (the “Term”).

Term. The term of this Agreement shall begin on the Effective Date and shall continue until it is terminated pursuant to Section 4 herein (the “Term”).

Term. The Term of this Agreement shall commence on the Effective Date and shall continue for a period of three (3) years (the “Term”), unless sooner terminated as provided in this Agreement.

Initial Term. Unless terminated earlier under the provisions of this Agreement, this Agreement shall continue in force from the Effective Date to December 31, 2016 (the “Initial Term”).

Term. The term of this Agreement (the “Term”) shall become effective as of the Effective Date and shall remain in effect until the earliest of:

Term. The term of this Agreement (the “Term”) shall commence as of the Effective Date hereof and shall continue in effect for a period of two (2) years, unless otherwise terminated earlier pursuant to Paragraph 4 hereof.

Unless otherwise stated in this Agreement, the term of this Agreement shall commence upon the Effective Date and continue in effect until the Effective Termination Date.

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