This Agreement shall be effective as of the Effective Date, and shall continue in effect for an initial term of five (5) years, unless terminated earlier by one of the parties in accordance with the terms of this Section 12. Upon completion of the initial term and each year thereafter, the term of the Agreement shall be automatically renewed for an additional one year unless one party gives the other party sixty (60) days advanced written notice of termination prior to the expiration of the then-current term.