UpCounsel`s lawyers come from law schools like Harvard Law and Yale Law and have an average of 14 years of legal experience, including working with companies like Google, Menlo Ventures and Airbnb. At a recent internal seminar, a participant adopted one of my exemplary provisions, namely that this agreement will expire on 23 August 2007. The participant argued that the effect of termination would be that one or more parties would terminate a contract earlier than it would otherwise have ended; He said that in that case, the right word would have expired. If they continue to fulfill the purpose of an expired contract, there are three possible legal outcomes: if the parties continue to do business in a manner consistent with the terms of the expired contract, this will support an argument that its terms still dictate their relationship. .