Questão jurídica principal
Whether the contractual termination clause required option exercise to apply
Decisão extraída
No. The court held that the clause on automatic annual renewal applied independently of the option clause.
Fundamentação extraída
The contract formed one integrated instrument; the wording of the renewal clause covered both expiry of the fixed term and expiry of an option/extension period. The text was clear and did not justify applying contra proferentem.