Holloway walked out on Plymouth to join Leicester in 2007, but insists he has no plans to walk out on a club again.
“I had a contract at Plymouth and I walked out on it and I will never do that again,” he said.
“I have a contract for this season and next, and I want to be part of this fantastic football club.
“I have a great relationship with my chairman and in terms of another contract he will choose when that happens, not me.
“If he wants to extend that [contract] then I will wait for him to sit down and talk with me about a new one.
“I’ll certainly never bite the hand that feeds me. I make mistakes once and I learn from them.”