Common use of Initial Hosting Term and Renewal Clause in Contracts

Initial Hosting Term and Renewal. The initial Hosting Term shall begin on the Start Date and shall run for the term set forth on page one of this Agreement. Upon expiration of the then current Hosting Term, a new Hosting Term shall automatically begin for a period of length equal to that of the initial Hosting Term; provided that (i) Customer has not given OPIE notice that Customer does not wish to extend the Hosting Term for an additional twelve (12) months at least ninety (90) days prior to the end of the current term; and (ii) OPIE still offers hosting services for the Software. OPIE will provide Customer with thirty (30) days prior written notice of the upcoming expiration date if there will be any fee increases for the upcoming Hosting Term; provided, however, that any such fee increases shall not exceed ten percent (10%), unless customer has changed the number of users being hosted per C2 of this Exhibit. The failure to renew hosting services shall not affect Customer’s licenses to the Software or the remainder of this Agreement.

Initial Hosting Term and Renewal. The initial Hosting Term shall begin on the Start Date and shall run for the term set forth on page one of this Agreement. Upon expiration of the then current Hosting Term, a new Hosting Term shall automatically begin for a period of length equal to that of the initial Hosting Term; provided that (i) Customer has not given OPIE notice that Customer does not wish to extend the Hosting Term for an additional twelve (12) months at least ninety (90) days prior to the end of the current term; and (ii) OPIE still offers hosting services for the Software. OPIE will provide Customer with thirty (30) days prior written notice of the upcoming expiration date if there will be any fee increases for the upcoming Hosting Term; provided, however, that any such fee increases shall not exceed ten percent (10%), unless customer has changed the reduced number of users being hosted per C2 of this Exhibit. The failure to renew hosting services shall not affect Customer’s licenses to the Software or the remainder of this Agreement.