Neil Aspin will remain in charge of Port Vale until 2020.
He joined the club in October on a short term deal, following the departure of Michael Brown.
After taking the club from just above the relegation spots to 18th in the League Two table, the club say he is the right person to take things forward.
During his short time at
He is also enjoying a 50% win ratio at
Upon signing his new deal, Aspin said: “When I first came, I think that it was a chance for the club to have a look at me, and at the moment things have gone okay and obviously I am really pleased to extend my contract.
“I am very realistic. Managers tend to not last very long, and you never get ahead of yourself. We have made some improvements and taken some steps forward but there is a long way to go.
“I’d like to think that I am going to be here for a while, and if I am then it gives me the chance to run things the way that I want.
“The playing side is obviously the most important, but hopefully to do things that I feel are important if it is going to progress.”
The owner of club; Norman Smurthwaite, said: “I have been impressed with the way Neil has operated since he came back to the club.
"The results speak for themselves, and I am really happy that he has committed himself to the club.”