what does this sentence mean? Thank you:）
This Agreement shall remain effective for an initial term of two (2) years (“Term”) from the Effective Date. Unless terminated in accordance with its terms as per Clause 22, this Agreement shall automatically renew thereafter for successive Terms of one (1) year at a time.
I am wondering the term is 3 years or if no cause happened according the clause 22, the term is permanent？
Thank you in advance :）
Search from various English teachers...
Answers · 7
0
有效期是2年。2年之后除非（根据第22款）被终止，该合同有效期将自动延迟一年。
也就是说，除非有一方主动终止合同，它每一年会自动延迟，永久有效。
0
That means: the initial (first) term of the Agreement is 2 years, and if it is not terminated (= does not violate the Clause 22), it will be automatically extended for one more year.
0
I am not a law student so I can't say I'm entirely confident in my answer, but the way I interpret it, the sentence seems to mean:
"The agreement will remain in effect for 2 years, and will continue to be extended by 1 year at the end of its duration unless otherwise terminated (ended) [by the other party] as long as they follow the terms in Clause 22."
Meaning that the agreement lasts 2 years and will keep being extended indefinitely as long as the agreement is not terminated. It's not guaranteed it will last 3 years or more, but 2 years is the minimum.
Still haven’t found your answers?
Write down your questions and let the native speakers help you!
Don’t miss out on the opportunity to learn a language from the comfort of your own home. Browse our selection of experienced language tutors and enroll in your first lesson now!
Start Learning Today
