Can we Coterminate Services of an Active Contract

Hi,
Can we Co-terminate Services of an Active Contract for the below scenario. Service Contracts User Guide mentions this functionality is only available for Contracts with Entered status.
Setups Done:
Service Cotermination is set as 31-December for the Customer.
System Profiles set to allow Cotermination atleast after 1 Month of Service.
Scenario:
1.Creates a Service Contract for 2-Year(1-Jan 2008 to 31-Dec 2009) with 2 Service Lines with same End Dates say 31-Dec-2009;
2. In October, we add 2 new Service Lines for 6 months (1-Oct-2008 to 31-Mar-2009):
3. Can we have the ability to Coterminate all the services on 31-December 2008, so that we can create a Renewal Contract with four services with same Effective Dates.
Please let me know if this is possible.
Thanks,
Sid

Thank you for prompt response...
Sunil

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