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Why is it important to track renewal and termination dates?

Many contracts renew automatically at the end of their term, or extend unintentionally when a specific notice period is missed. Systematic tracking of renewal, term and termination dates protects you from unnecessary obligations and missed opportunities. This tracking is one of the most neglected yet most valuable parts of contract management.

Updated · July 20261 min readCategory · Legal Advisory
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Many contracts renew automatically at the end of their term, or extend unintentionally when a specific notice period is missed. Systematic tracking of renewal, term and termination dates protects you from unnecessary obligations and missed opportunities. This tracking is one of the most neglected yet most valuable parts of contract management.

Many contracts renew automatically at the end of their term, or extend unintentionally when a specific notice period is missed. Systematic tracking of renewal, term and termination dates protects you from unnecessary obligations and missed opportunities. This tracking is one of the most neglected yet most valuable parts of contract management.

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