DURATION AND TERMINATION
This MoU shall take effect on and from the date of execution of this MoU and shall continue to be effective for a period of five (5) years and may be extended for such further period as may be agreed by the Parties in writing.
Notwithstanding clause above, this MoU may be terminated by either Party giving written notice to the other at least six (6) months prior to the proposed date of termination.
Notwithstanding clause above, the provisions of this MoU or any other written agreement in respect of any on-going exchange programme or any other form of cooperative activity under this MoU shall continue to apply until their completion unless both Parties mutually agree in writing to the earlier termination of the programme or cooperative activity.