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ARTICLE YII - TERM AND TERMINATION <br /> 7 TERM AND TERAUNATION <br /> 7.1 Contract Term <br /> The term of this Agreement shall commence on October 1, 1994 and shall continue in Hill <br /> force and efct 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.MCIT may <br /> terminate this agreement immediately upon a msdor breach in service or duty by Medtox. <br /> 7.3 Renewal Rates <br /> Medtox wig subaoit any proposed change is rates in writing to MCIT atxty(60)days <br /> prior to the date oftermination., Rate change becomes effctive on the date that it is <br /> aooepted inwridag by MCIT;during the iateft the old rate Is applkabla <br /> 14 <br />