Common use of Software Assurance Clause in Contracts

Software Assurance. As set forth on the Invoice if Licensee has licensed Business Management Solution, Service Management Stream, Asset Management Stream and/or Essentials Management Stream, Licensee shall pay to the Cireson Reseller a fee equal to Ten Percent (10%) of the total License Fees (“Software Assurance Fee”) in exchange for one (1) year of Software Assurance as described in the Software Assurance Policy. All Software Assurance Fees shall be earned when paid and shall be non-refundable. No pro-rata refunds will be issued for cancellation of Software Assurance.