- Through mutual written agreement by both parties;- If the other party fails to perform its obligations within the time-limit agreed upon in this Contract, fails to eliminate or remedy such breach within 7 days following the receipt of the notice thereof from the non-breaching party.In such case the non-breaching party shall give a written notice the other party to terminate this Contract.4. The validity period of the contract shall be five(5) years from the effectiveness of the contract and shall become null and void automatically upon the expiry of the validity period of the contract.5. If one party is willing to extend the validity of the contract, the party shall inform the other party before the expiry and the terms of extension shall be discussed and fixed by and between both parties.
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