Contract period clause: Copy, customize, and use instantly
Introduction
A contract period clause specifies the duration of a contract, detailing when the agreement starts and ends. This clause can also include provisions for the renewal or extension of the contract, and may define any conditions that could terminate the agreement early. The contract period ensures that both parties have a clear understanding of their obligations and rights over a defined period.
Below are templates for contract period clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Standard contract period clause
This version provides a general framework for the contract period.
The term of this Agreement shall begin on [Start Date] and continue in full force and effect until [End Date], unless terminated earlier in accordance with the provisions of this Agreement.
Contract period clause with provision for automatic renewal
This version includes automatic renewal.
This Agreement shall remain in effect for a period of [X] years, commencing on [Start Date], and shall automatically renew for successive [X]-year periods unless either Party gives written notice of termination at least [X] days prior to the end of the then-current term.
Contract period clause with provision for renewal upon mutual agreement
This version includes mutual renewal.
The term of this Agreement shall begin on [Start Date] and continue for a period of [X] years. Upon the expiration of the initial term, the Agreement may be renewed for additional terms of [X] years, subject to the mutual written agreement of both Parties.
Contract period clause with provision for termination by notice
This version allows termination by notice.
The term of this Agreement shall begin on [Start Date] and continue until [End Date], unless terminated earlier by either Party upon [X] days written notice to the other Party, as provided in Section [X] of this Agreement.
Contract period clause with provision for a fixed duration
This version specifies a fixed duration.
The term of this Agreement shall begin on [Start Date] and shall continue in effect for a fixed period of [X] years, terminating automatically on [End Date], unless otherwise agreed upon by the Parties in writing.
Contract period clause with provision for extended duration
This version allows for an extension.
The term of this Agreement shall commence on [Start Date] and continue for a period of [X] years. Upon mutual written consent of both Parties, the term may be extended for additional [X]-year periods.
Contract period clause with provision for periodic review
This version includes periodic review.
This Agreement shall begin on [Start Date] and continue for [X] years, subject to review at the end of each year. The Parties may agree to extend or modify the term following each review.
Contract period clause with provision for early termination
This version includes early termination.
The term of this Agreement shall begin on [Start Date] and continue until [End Date], unless terminated earlier by either Party in accordance with the termination provisions outlined in Section [X] of this Agreement.
Contract period clause with provision for completion of specific tasks
This version is tied to specific tasks.
The term of this Agreement shall begin on [Start Date] and continue until the completion of [specific task or project], which shall be completed by [End Date], unless extended by mutual written consent of the Parties.
Contract period clause with provision for renewal based on performance
This version ties renewal to performance.
This Agreement shall commence on [Start Date] and continue for an initial period of [X] years. At the end of the initial term, the Agreement may be renewed for additional terms based on the performance of [specific metrics], as agreed upon by both Parties.
Contract period clause with provision for conditional extension
This version includes a conditional extension.
The term of this Agreement shall be [X] years, beginning on [Start Date]. Upon mutual agreement, the term may be extended for an additional [X] years based on the fulfillment of conditions specified in Section [X].
Contract period clause with provision for immediate termination with notice
This version allows immediate termination.
This Agreement shall begin on [Start Date] and remain in effect until terminated by either Party with [X] days written notice. Upon such termination, the Agreement will immediately cease to have effect, except for provisions that explicitly survive termination.
Contract period clause with provision for termination based on project milestones
This version ties termination to milestones.
The term of this Agreement shall begin on [Start Date] and continue until [specific milestone] is completed, at which point the Agreement will terminate unless the Parties mutually agree to extend the term for additional milestones.
Contract period clause with provision for automatic renewal with notice
This version allows automatic renewal with notice.
This Agreement shall commence on [Start Date] and continue in effect for a period of [X] years. The Agreement will automatically renew for successive [X]-year periods unless either Party provides written notice of termination at least [X] days before the end of the then-current term.
Contract period clause with provision for suspension of term
This version allows for suspension.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, subject to suspension during any period in which either Party is unable to perform its obligations due to force majeure events or other agreed-upon reasons. The suspension period will not be counted toward the term.
Contract period clause with provision for extension based on mutual consent
This version includes mutual consent for extension.
The term of this Agreement shall begin on [Start Date] and continue for a period of [X] years, with the possibility of extension by mutual written consent of both Parties, which must be agreed upon at least [X] months before the expiration of the current term.
Contract period clause with provision for specific termination rights
This version includes specific termination rights.
This Agreement shall remain in effect from [Start Date] to [End Date], unless terminated earlier by either Party for cause, as defined in Section [X], or for convenience with [X] days written notice to the other Party.
Contract period clause with provision for an indefinite term
This version has an indefinite term.
The term of this Agreement shall begin on [Start Date] and continue indefinitely unless terminated by either Party upon [X] days written notice, or upon the completion of the services or objectives outlined in Section [X].
Contract period clause with provision for termination due to changes in law
This version allows termination due to changes in law.
This Agreement shall begin on [Start Date] and continue for [X] years, subject to earlier termination by either Party if there are significant changes in applicable law or regulations that prevent the continued performance of the Agreement.
Contract period clause with provision for extension upon mutual written agreement
This version includes extension by mutual agreement.
This Agreement shall remain in effect for an initial term of [X] years, beginning on [Start Date]. The term may be extended by mutual written agreement of both Parties prior to the expiration of the initial term.
Contract period clause with provision for automatic termination after a fixed period
This version automatically terminates after a fixed period.
This Agreement shall commence on [Start Date] and automatically terminate on [End Date], unless extended by mutual written consent of both Parties. No further actions will be required to terminate the Agreement on [End Date].
Contract period clause with provision for termination based on external factors
This version allows termination based on external factors.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with the option to terminate if external factors such as market conditions, legislation, or funding changes significantly impact performance. Written notice of termination will be required.
Contract period clause with provision for short-term contract
This version defines a short-term contract.
This Agreement shall commence on [Start Date] and terminate on [End Date], unless extended by written agreement of the Parties. The term of the Agreement shall not exceed [X] months.
Contract period clause with provision for termination due to funding
This version ties termination to funding.
This Agreement shall commence on [Start Date] and continue until [End Date], unless terminated earlier by [Party A] in the event that [Party A] is unable to secure sufficient funding by [Funding Deadline].
Contract period clause with provision for termination for convenience
This version includes termination for convenience.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with either Party having the right to terminate the Agreement for any reason by providing [X] days written notice to the other Party.
Contract period clause with provision for continuation after termination of services
This version allows continuation after service termination.
This Agreement shall begin on [Start Date] and continue for [X] years. Upon termination of services by either Party, the Agreement shall continue for a period of [X] months to complete any remaining obligations.
Contract period clause with provision for termination based on breach of contract
This version addresses termination for breach.
This Agreement shall commence on [Start Date] and continue for [X] years, but may be terminated by either Party if the other Party breaches any material provision of the Agreement, with [X] days written notice.
Contract period clause with provision for termination upon regulatory change
This version allows termination due to regulatory change.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, subject to earlier termination if a change in applicable laws or regulations makes the performance of the Agreement impossible or unlawful.
Contract period clause with provision for suspension of contract
This version allows for suspension.
The term of this Agreement shall begin on [Start Date] and continue until [End Date], with a provision for suspension of the Agreement by either Party upon [X] days written notice if unforeseen circumstances arise.
Contract period clause with provision for extension based on project completion
This version allows extension based on project completion.
This Agreement shall commence on [Start Date] and continue until the completion of the project outlined in [Exhibit A], with a potential extension of [X] months based on the actual project completion date.
Contract period clause with provision for specific termination conditions
This version includes specific termination conditions.
The term of this Agreement shall begin on [Start Date] and continue for [X] years. However, either Party may terminate the Agreement if [specific conditions] occur, with [X] days' notice.
Contract period clause with provision for short-term agreements with renewals
This version covers short-term agreements.
The term of this Agreement shall begin on [Start Date] and continue for [X] months. The Agreement may be renewed upon mutual written consent of both Parties for additional terms of [X] months each.
Contract period clause with provision for termination due to lack of performance
This version addresses performance-based termination.
This Agreement shall begin on [Start Date] and continue for [X] years. However, the Agreement may be terminated earlier if [Party A] fails to meet the performance targets as outlined in [Exhibit A], with [X] days written notice.
Contract period clause with provision for continuation of obligations after term expiration
This version includes continuation of obligations after expiration.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with certain obligations, including confidentiality and indemnification, continuing in effect after the expiration of the term.
Contract period clause with provision for termination based on force majeure
This version includes force majeure.
This Agreement shall commence on [Start Date] and continue for [X] years, unless terminated earlier due to force majeure events as defined in [Section X], with [X] days written notice from the affected Party.
Contract period clause with provision for periodic renewal option
This version allows periodic renewal.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with the option to renew for additional [X]-year periods upon mutual written consent of both Parties prior to the expiration of the current term.
Contract period clause with provision for termination upon insolvency
This version ties termination to insolvency.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, but may be terminated immediately by either Party in the event that the other Party becomes insolvent or files for bankruptcy.
Contract period clause with provision for renewal upon satisfactory performance
This version ties renewal to performance.
The term of this Agreement shall begin on [Start Date] and continue for [X] years. Upon satisfactory performance by [Party A], as agreed in [Section X], the term may be renewed for an additional [X] years.
Contract period clause with provision for indefinite term
This version has an indefinite term.
This Agreement shall begin on [Start Date] and continue indefinitely unless terminated by either Party with [X] days written notice or upon the occurrence of an event of default as defined in [Section X].
Contract period clause with provision for time-limited services
This version includes time-limited services.
The term of this Agreement shall begin on [Start Date] and continue until the completion of the specified services outlined in [Exhibit A], with the Agreement automatically terminating once the services are completed.
Contract period clause with provision for termination if no action is taken
This version allows termination if no action is taken.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, unless terminated earlier if no action is taken by either Party toward fulfilling the objectives outlined in [Section X] within [X] months of the Agreement’s execution.
Contract period clause with provision for conditional termination
This version includes conditional termination.
This Agreement shall begin on [Start Date] and continue for [X] years, with the option for either Party to terminate earlier based on the occurrence of [specific condition], with [X] days written notice.
Contract period clause with provision for termination by mutual agreement
This version allows termination by mutual agreement.
This Agreement shall begin on [Start Date] and continue for [X] years, with the option for early termination by mutual written agreement of both Parties at any time during the term.
Contract period clause with provision for adjustment based on performance
This version includes performance-based adjustments.
The term of this Agreement shall commence on [Start Date] and continue for [X] years, with the possibility of an extension based on the successful completion of performance milestones outlined in [Exhibit A]. The term may be adjusted accordingly.
Contract period clause with provision for termination upon failure to meet deadlines
This version ties termination to meeting deadlines.
The term of this Agreement shall begin on [Start Date] and continue for [X] years. If either Party fails to meet the milestones and deadlines as specified in [Exhibit B], the other Party has the right to terminate the Agreement with [X] days written notice.
Contract period clause with provision for automatic extension based on agreed conditions
This version automatically extends under agreed conditions.
This Agreement shall begin on [Start Date] and continue for a period of [X] years. If both Parties are satisfied with the performance under this Agreement, the term will automatically extend for another [X]-year period unless either Party provides written notice of termination at least [X] days before the end of the current term.
Contract period clause with provision for fixed-term agreement
This version includes a fixed term.
This Agreement shall have a fixed term, commencing on [Start Date] and terminating on [End Date], with no renewal option unless both Parties mutually agree to extend the term in writing prior to the expiration.
Contract period clause with provision for termination if no progress is made
This version allows termination due to lack of progress.
This Agreement shall begin on [Start Date] and continue for [X] years, unless terminated earlier by either Party if there is no tangible progress towards the objectives outlined in [Section X] within [X] months of the Agreement’s execution.
Contract period clause with provision for fixed renewal after initial term
This version includes fixed renewal after the initial term.
The initial term of this Agreement shall be [X] years, beginning on [Start Date]. Upon completion of the initial term, the Agreement will automatically renew for an additional [X] years unless either Party notifies the other of its intention not to renew.
Contract period clause with provision for suspension during specific periods
This version allows suspension during specific periods.
The term of this Agreement shall begin on [Start Date] and continue until [End Date], with the provision that the Agreement may be suspended for a period of [X] months due to [specific circumstances, e.g., seasonal downtime, force majeure], with written notice given by the Party seeking suspension.
Contract period clause with provision for extension upon mutual consent
This version includes mutual consent for extension.
This Agreement shall begin on [Start Date] and continue for [X] years, with the option to extend for an additional period upon mutual written consent of both Parties. The extension must be agreed upon at least [X] months before the expiration of the current term.
Contract period clause with provision for termination due to business closure
This version ties termination to business closure.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with the option for early termination if either Party ceases business operations or undergoes liquidation before the Agreement’s expiration date.
Contract period clause with provision for automatic extension based on satisfactory completion
This version automatically extends based on satisfaction.
This Agreement shall commence on [Start Date] and continue for [X] years, with automatic renewal for additional [X]-year terms, provided that both Parties are satisfied with the performance and obligations fulfilled under the Agreement.
Contract period clause with provision for interim performance review
This version includes an interim review.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with an interim performance review scheduled at the [X]-month mark. If the review is satisfactory, the Agreement will continue; otherwise, either Party may terminate the Agreement with [X] days' written notice.
Contract period clause with provision for extension based on changing circumstances
This version includes provision for extensions based on circumstances.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with an option to extend the term upon mutual agreement if there are significant changes in market conditions or business circumstances that affect the performance of the Agreement.
Contract period clause with provision for termination due to government intervention
This version ties termination to government intervention.
This Agreement shall begin on [Start Date] and continue for [X] years, unless terminated earlier due to government intervention or regulatory changes that prevent either Party from performing their obligations under this Agreement.
Contract period clause with provision for contract duration tied to project completion
This version links the duration to project completion.
The term of this Agreement shall begin on [Start Date] and continue until the completion of [specific project], as defined in [Exhibit A]. The Agreement will terminate automatically upon the completion of the project or by mutual written consent of both Parties.
Contract period clause with provision for renewal based on funding availability
This version links renewal to funding.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with automatic renewal based on the availability of funding. If the necessary funding is not secured by [X] date, the Agreement will not be renewed.
Contract period clause with provision for multiple phases and specified duration for each phase
This version involves multiple phases.
This Agreement shall begin on [Start Date] and continue for [X] years, divided into [X] phases, each with specific deliverables and timelines. The Agreement will terminate upon completion of all phases or by mutual written consent.
Contract period clause with provision for renewal based on achievement of specific milestones
This version ties renewal to milestones.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with the possibility of renewal upon the achievement of the milestones outlined in [Exhibit A]. Renewal will be based on mutual agreement of both Parties after review of milestone completion.
Contract period clause with provision for early termination in case of mutual agreement
This version allows early termination by mutual agreement.
This Agreement shall commence on [Start Date] and continue for [X] years, with the option for early termination by mutual written consent of both Parties, effective immediately upon receipt of written notice by the other Party.
Contract period clause with provision for extension based on successful negotiations
This version allows extension based on negotiations.
The term of this Agreement shall begin on [Start Date] and continue for [X] years. Upon successful negotiations for a new agreement or modified terms, the Parties may extend the Agreement for an additional [X]-year period.
Contract period clause with provision for fixed contract duration with periodic check-ins
This version includes periodic check-ins.
The term of this Agreement shall begin on [Start Date] and continue for a fixed period of [X] years, with periodic check-ins every [X] months to assess progress and review terms. The Agreement may be extended or modified based on these reviews.
Contract period clause with provision for conditional extension based on performance
This version includes performance-based extension.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with the option to extend for an additional [X] years, based on the satisfactory performance of [specific deliverables] as outlined in [Section X].
Contract period clause with provision for termination by either party at any time
This version allows termination by either party.
This Agreement shall begin on [Start Date] and continue for [X] years, with either Party having the right to terminate the Agreement at any time, with [X] days' written notice to the other Party.
Contract period clause with provision for extension if specific external conditions are met
This version ties extension to external conditions.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with the possibility of an extension if [specific external condition, such as government approval, funding, etc.] is met within [X] months of the Agreement's expiration.
Contract period clause with provision for extension if certain conditions are satisfied
This version includes conditions for extension.
This Agreement shall begin on [Start Date] and continue for [X] years, with the Agreement automatically extended for another [X] years if [specific conditions] are satisfied during the term of the Agreement.
Contract period clause with provision for temporary suspension of contract
This version allows temporary suspension.
The term of this Agreement shall begin on [Start Date] and continue for [X] years. However, the Agreement may be temporarily suspended for up to [X] months if [specific event or force majeure] occurs, with both Parties agreeing in writing to resume performance after the suspension.
Contract period clause with provision for gradual phase-out of contract
This version provides for a gradual phase-out.
This Agreement shall begin on [Start Date] and continue for [X] years, with a provision for a gradual phase-out over the final [X] months, during which both Parties will work to wind down obligations and responsibilities as outlined in [Exhibit A].
Contract period clause with provision for termination if specific goals are unmet
This version allows termination based on unmet goals.
This Agreement shall begin on [Start Date] and continue for [X] years, with the option for termination by either Party if the performance goals outlined in [Exhibit A] are not met within [X] months.
Contract period clause with provision for extension in the event of exceptional circumstances
This version includes extension in exceptional circumstances.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with an extension available in the event of exceptional circumstances, including [specific conditions], upon mutual agreement by both Parties.
Contract period clause with provision for termination by mutual agreement
This version allows mutual termination.
This Agreement shall commence on [Start Date] and continue for [X] years, with the option for either Party to terminate the Agreement at any time by mutual written consent, effective upon receipt of notice.
Contract period clause with provision for review and renewal at the end of the term
This version allows for review and renewal.
This Agreement shall begin on [Start Date] and continue for [X] years, with the provision for a review and potential renewal at the end of the term. Both Parties must agree to any renewal or modification in writing.
Contract period clause with provision for a fixed term with options for multiple renewals
This version allows for multiple renewals.
This Agreement shall commence on [Start Date] and continue for an initial term of [X] years. The Agreement may be renewed for [X]-year periods, subject to mutual written consent by both Parties prior to the expiration of the current term.
Contract period clause with provision for early termination upon failure to meet regulatory compliance
This version ties termination to regulatory compliance.
The term of this Agreement shall begin on [Start Date] and continue for [X] years. However, if either Party fails to comply with regulatory requirements as set forth in [Section X], the Agreement may be terminated immediately upon written notice.
Contract period clause with provision for termination if either Party experiences a significant financial loss
This version allows termination due to financial loss.
This Agreement shall begin on [Start Date] and continue for [X] years. If either Party experiences a significant financial loss, as defined in [Section X], the other Party has the right to terminate the Agreement with [X] days' notice.
Contract period clause with provision for extension by written agreement
This version includes an extension by agreement.
The term of this Agreement shall begin on [Start Date] and continue for [X] years, with the option for extension by written agreement between the Parties at least [X] months prior to the expiration of the current term.
Contract period clause with provision for modification based on unforeseen developments
This version includes modification based on unforeseen developments.
This Agreement shall commence on [Start Date] and continue for [X] years, with the possibility for modification or extension based on unforeseen developments or changes in circumstances, upon mutual written consent.
Contract period clause with provision for automatic expiration at the end of term
This version automatically expires at the end.
This Agreement shall begin on [Start Date] and continue until [End Date]. Upon the expiration of the term, the Agreement will automatically terminate, with no further action required by either Party.
Contract period clause with provision for extension if the performance is satisfactory
This version ties extension to performance.
This Agreement shall begin on [Start Date] and continue for [X] years, with the option to extend for another term if the performance of both Parties is deemed satisfactory by [Party A] as outlined in [Exhibit A].
Contract period clause with provision for termination due to adverse changes in market conditions
This version allows termination due to market conditions.
This Agreement shall begin on [Start Date] and continue for [X] years. If market conditions change significantly and adversely affect the ability of either Party to perform their obligations under the Agreement, either Party may terminate with [X] days' written notice.
Contract period clause with provision for extension based on achieving sales targets
This version ties extension to sales targets.
The term of this Agreement shall begin on [Start Date] and continue for [X] years. If the agreed sales targets, as outlined in [Exhibit A], are achieved by [Party B], the Agreement may be extended for an additional [X] years.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.