. . . . $2.13 million! You’re kidding right! Well, yes, however [and you know what that does!] it’s a real life Wheel of Fortune problem in an agreement which contained the following language [and punctuation]: The agreementshall continue in force for a period of five years from the date it is made, and thereafter for successive five year terms, unless and until terminated by one year prior notice in writing by either party.
The second comma is the culprit here. When can this agreement be terminated? You’ll have to read this article in the Canadian newspaper The Globe and Mail to find out. Also, you might want to read this interesting analysis by Ken Adams in AdamsDrafting.
All to say, commas are important – watch out!
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