But it can renew its year-on-year, if both parties to the contract partner is open to sharing later contract expires. 1 year already, it is treated as a year-to-year extension by default.
The contract can be extended to one year if the parties together to open one year after the expiry of the said year shall be deemed to be renewed by default.
But can renew the contract out next year if the parties still open together after expiration of the contract 1 years said. To constitute a contract that year by default.