| English term or phrase: shall be phased out in equal one third volume increments... | | 2. Term: This agreement has an initial seven (7) year term that is renewed automatically unless either party provides the other with written notice of its desire to terminate the agreement. In such case the agreement shall be phased out in equal one third volume increments for each product sold by DMA and based upon the volume4 of the prior year’s sales of each product. It will be phased out over a three year period beginning with the calendar year following the notice; provided, however, the non-notifying party may elect to terminate the agreement immediately after the receipt of the termination notice. |
| |
The translation workplace 
Translation industry wiki
