i am looking to exit now
but this is what the contract says
Term, Termination and or Renewal
Term. This Agreement shall commence on the date of execution of this Agreement, being the date first written above, (the “Effective Date”) and, unless terminated earlier in accordance with the terms of this Agreement, this Agreement shall continue in full force and effect for a minimum term of twenty-four (24) months from the Effective Date (the ‘Initial Term’), Thereafter, this Agreement shall automatically renew on a rolling basis for additional, consecutive twelve (12) month periods (each a Renewal Term) on the same terms and conditions unless terminated by either party giving to the other not less than ninety (90) days’ prior written notice such notice to be given to expire at the end of the first 12 months from the Effective Date or any time thereafter, but in the case of termination by the Licensee subject always to Paragraph 6.2.1 ..
6.2.1 Termination by Request Notwithstanding the foregoing provisions of this Paragraph 6, where Licensee terminates this Agreement at any time from the end of the first 12 months from the Effective Date up to the end of the Initial Term [or at any time during a Renewal Term] on giving Fitness not less than ninety (90) days’ prior written notice, such termination shall be conditional upon and subject to the payment by Licensee to Fitness of an Early Termination Fee equal to three (3) months of Royalty payments, being Eight Hundred Ninety Five Pounds (£895) plus VAT per month for 3 months, totalling Two Thousand Six Hundred Eight-Five Pounds (£2,685) plus VAT.
6.2.2 Termination For Cause. The breach by Licensee of any of the following Paragraphs, or the failure by Licensee to perform its obligations as indicated in a Paragraph shall be grounds for immediate termination by Fitness of this Agreement for cause: Paragraphs 1.2, 1.3, 2.1, 2.2, 4.2, 4.3, 5.2, 8.1, 8.2, and 8.3.
6.2.3 Termination for Insolvency. A Party shall have the right to terminate this Agreement upon thirty (30) days prior written notice to the other Party, if that other Party: