This Agreement shall take effect on the Effective Date and shall remain in full force for the period of ten (10) years.11.2 Either party shall notify the other party of its intention to renew this Agreement in writing three (3) months prior to the expiration. 11.3 This Agreement may be terminated upon occurrence of either of the following: (i) Lessee has neglected to pay the debts to Lessor equal to or in excess of two (2) month Rent(ii) Lessee has violated any provision of this Agreement(iii) The land use right granted to Lessor has expired and no extension is permitted
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