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<blockquote data-quote="ex2fedex" data-source="post: 1744816" data-attributes="member: 58849"><p>When you get a decent offer for your area you should sell. If you think this is something you can do for the next 20 or so years and things will stay good for you under whatever new business models Fred's lawyers come up with until you retire you might be wrong. Half will sell, and half will walk away with their trucks or debt. You might get a Senior Manager that doesn't like you and then an OTC letter for something minor and then you are gone at the end of your 1 or 2 year contract after providing good service 52 weeks out of the year. And don't think they won't run temps for whoever they give your contract to for months until they can get enough drivers.</p><p><strong></strong></p><p><strong>15.4 Extension of Expiration or Termination Date. </strong>The Parties acknowledge that this Agreement has no provision for renewal or automatic renewal and further acknowledge that there is no express or implied obligation upon either Party to enter into a subsequent agreement for the Services upon the expiration of this Agreement. However, if the Parties agree in writing, either the Expiration Date or the Termination Date of the Agreement may be extended in weekly increments one or more times not to exceed 52 weeks in total ("Extension Period") beyond the original Expiration Date or Termination Date. No oral agreement to extend this Agreement will be effective. The level of Charges at the Termination Date or Expiration Date will continue in effect through any Extension Period.</p></blockquote><p></p>
[QUOTE="ex2fedex, post: 1744816, member: 58849"] When you get a decent offer for your area you should sell. If you think this is something you can do for the next 20 or so years and things will stay good for you under whatever new business models Fred's lawyers come up with until you retire you might be wrong. Half will sell, and half will walk away with their trucks or debt. You might get a Senior Manager that doesn't like you and then an OTC letter for something minor and then you are gone at the end of your 1 or 2 year contract after providing good service 52 weeks out of the year. And don't think they won't run temps for whoever they give your contract to for months until they can get enough drivers. [B] 15.4 Extension of Expiration or Termination Date. [/B]The Parties acknowledge that this Agreement has no provision for renewal or automatic renewal and further acknowledge that there is no express or implied obligation upon either Party to enter into a subsequent agreement for the Services upon the expiration of this Agreement. However, if the Parties agree in writing, either the Expiration Date or the Termination Date of the Agreement may be extended in weekly increments one or more times not to exceed 52 weeks in total ("Extension Period") beyond the original Expiration Date or Termination Date. No oral agreement to extend this Agreement will be effective. The level of Charges at the Termination Date or Expiration Date will continue in effect through any Extension Period. [/QUOTE]
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