[speaker001:] If I understand the terms correctly, the length of the contract would be one year with a one-year option. Is that correct?
[speaker002:] Do you mean the contract for equipment rental or the one for training?
[speaker001:] I was under the impression that both contracts had the same terms.
[speaker002:] Yes and no. Let me see if I can clarify that. The terms are the same except that the contract for training has a clause that allows for the cancellation after the first six months.
[speaker001:] Could you elaborate on that?
[speaker002:] Sure. What I mean is that either side could cancel the training contract after the six months as long as it's in writing.
[speaker001:] Let me see if I have that right. This contract is for six months of training, but if it isn't cancelled, continues for another six months. Is that right?
[speaker002:] Yes, that's right.
[speaker001:] Okay, that's clear enough. Let's move on to the other terms.