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An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
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On 25 May 2017, Mandžukić signed a contract extension that would keep him at the club until 2020. [47] On 3 June, Mandžukić started in the Champions League Final . He scored the equalising goal in the 27th minute, just seven minutes after Cristiano Ronaldo 's goal gave Real Madrid the lead.
A termination for convenience clause, or "T for C" clause, [ 1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract. [ 2]
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On 21 January 2022, Martínez signed a three-year contract extension which will see him contracted to Villa until the end of the 2026–27 season. [49] On 27 July, ahead of the new season, Martínez was named one of the two Aston Villa vice-captains , alongside Diego Carlos .