Multiple Term Contracts

Suppose we have a contract that starts on 1 January 2021, and then runs for a 12 month term followed by a 6 month term. In Aerofiler, set the start date using the same process as above. Then set an initial term for 12 months as follows:

Then click “Add Term” and add another six month term. The final result should look like the following:

Auto-Renewing Contracts (Multiple-Term)

In the above example, if the final 6-month term was an auto-renewal, that could be set as follows:

This is the final contract term: