Sublessor will lease the Aircraft to Sublessee for a term of 36 months commencing __________, 20__ and terminating on __________, 20__, unless sooner terminated as provided in Section 2 below (the “ Term ”), provided that Sublessor will have the option to renew this Sublease for one two-year term and, in the event Sublessor elects to exercise such renewal option, the Term will continue until __________, 20__.