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• ARTICLE VII -TERM AND TERMINATION <br />7. TERM AND TERMINATION <br />7.1. Contract Term <br />The term of this Agreement shall commence on October 1, 1994 and shall continue <br />in full force and effect except as stated below until December 31, 1998. <br />7.2. Termination <br />Either party may terminate this agreement upon sixty (60) day written notice. <br />MCIT may terminate this agreement immediately upon a major breach in service or <br />• duty by Medtox. <br />7.3. Renewal Rates <br />Medtox will submit any proposed change in rates in writing to MCIT sixty (60) <br />days prior to the date of termination. Rate change becomes effective on the date <br />that it is accepted in writing by MCIT; during the interim, the old rate is applicable. <br />• <br />13 <br />