他们的执照即将到期需要续期。

Their licence is up for ___renewal.

我建议我们明年谈判一份新协议，届时当前协议将到期需要续订。

I suggest we negotiate a new agreement next year, when the current agreement will be due for ___renewal.

这份合同需要每年续订。

The contract is subject to annual ___renewal.