C.1 Initial Term
Subject to the provisions of Articles C.2 and D.1(b) and (c), the initial term of the Contract shall be [●] years, commencing on the Effective Date.
C.2 Extension
[Choose one of the following alternatives:
Option (1): Automatic Expiration
[The Term shall expire automatically on the Expiration Date, unless extended for an additional term of [●] years through a written agreement signed by the authorized representatives of the Parties at least [sixty (60)] days prior to the Expiration Date.]
Option (2): Automatic Renewal
[On the Expiration Date, the Term shall automatically renew for an additional term of [●] years, unless either Party notifies the other Party of its decision not to renew this Contract through a written notice signed by its authorized representative and delivered to the other Party at least [sixty (60)] days prior to the Expiration Date.]