Common use of Subscription Term and Renewal Clause in Contracts

Subscription Term and Renewal. (a) The term of a Subscription shall commence upon the date specified in the Quotation or as otherwise agreed upon by the parties in writing and continue for the period specified in the Quotation or as otherwise agreed upon by the parties in writing (the “Initial Term”), unless terminated prior to the end of such period in accordance with the terms hereof. (b) A Subscription shall be renewed at the Subscription Provider’s then current list price for additional one (1) year periods (a “Renewal Term”) unless Licensee provides ninety (90) days advance written notice prior to the end of the Initial Term or the current Renewal Term of its intent to terminate the Subscription at the expiration of the current term. (c) At the end of the Initial Term and each subsequent Renewal Term, the Subscription Provider and Licensee will review the then current and planned number of enabled named Authorized Users and the Subscription Provider will adjust the pricing for the Renewal Term based upon the results of such review (a “True-Up”). At the end of the Initial Term and each subsequent Renewal Term, Licensee will provide total current count of enabled named Authorized Users to Subscription Provider for the purposes of such True-Up and determining the Subscription pricing for the subsequent Renewal Term. Additionally, Licensee will provide estimates of growth or shrinkage in user accounts over the Renewal Term to enable determination of the appropriate renewal price schedule to be applied. (d) In the event a Licensee does not renew a Subscription or such Subscription is terminated in accordance with the terms hereof, Licensee may continue to use versions of the Licensed Software made openly available by Aras at no-charge subject to the terms set forth in Section A. Nonetheless, use of any Licensed Software that is distributed as Subscriber-only software will be terminated automatically by the expiring license key.

Subscription Term and Renewal. (a) The term of a Subscription shall commence upon the date specified in the Quotation or as otherwise agreed upon by the parties in writing and continue for the period specified in the Quotation or as otherwise agreed upon by the parties in writing (the “Initial Term”), unless terminated prior to the end of such period in accordance with the terms hereof. (b) A Subscription will automatically renew for a period of the same duration as in the Quotation unless Licensee gives written notice of its intent not to renew 90 days before the end of the then-current term and the applicable Quotation shall be renewed at the Subscription Provider’s then current list price for additional one deemed amended accordingly (1) year periods (each a “Renewal Term” and, collectively, together with the Initial Term, the “Term”) unless Licensee provides ninety (90) days advance ). Aras may refuse to renew the Term by written notice prior to 90 days before the end of the Initial Term or the then-current Renewal Term of its intent to terminate the Subscription at the expiration of the current termTerm. (c) The price of a Subscription shall increase by 5% per contract year for any Renewal Term and the applicable Quotation shall be deemed amended accordingly. (d) At the end of the Initial Term and each subsequent Renewal Term, the Subscription Provider and Licensee will review the then current and planned number of enabled named Authorized Users and the Subscription Provider will adjust the pricing for the Renewal Term based upon the results of such review (a “True-Up”). At the end of the Initial Term and each subsequent Renewal Term, Licensee will provide total current count of enabled named Authorized Users to Subscription Provider for the purposes of such True-Up and determining the Subscription pricing for the subsequent Renewal Term. Additionally, Licensee will provide estimates of growth or shrinkage in user accounts over the Renewal Term to enable determination of the appropriate renewal price schedule to be applied. (de) In the event a Licensee does not renew a Subscription or such Subscription is terminated in accordance with the terms hereof, Licensee may continue to use versions of the Licensed Software made openly available by Aras at no-charge subject to the terms set forth in Section A. Nonetheless, use of any Licensed Software that is distributed as Subscriber-Subscriber- only software will be terminated automatically by the expiring license key.

Subscription Term and Renewal. (a) The term of a Subscription shall commence upon the date specified in the Quotation or as otherwise agreed upon by the parties in writing and continue for the period specified in the Quotation or as otherwise agreed upon by the parties in writing (the “Initial Term”), unless terminated prior to the end of such period in accordance with the terms hereof. (b) A Subscription will automatically renew for a period of the same duration as in the Quotation unless Licensee gives written notice of its intent not to renew 90 days before the end of the then-current term and the applicable Quotation shall be renewed at the Subscription Provider’s then current list price for additional one deemed amended accordingly (1) year periods (each a “Renewal Term” and, collectively, together with the Initial Term, the “Term”) unless Licensee provides ninety (90) days advance ). Aras may refuse to renew the Term by written notice prior to 90 days before the end of the Initial Term or the then-current Renewal Term of its intent to terminate the Subscription at the expiration of the current termTerm. (c) The price of a Subscription shall increase by 5% per contract year for any Renewal Term and the applicable Quotation shall be deemed amended accordingly. (d) At the end of the Initial Term and each subsequent Renewal Term, the Subscription Provider and Licensee will review the then current and planned number of enabled named Authorized Users and the Subscription Provider will adjust the pricing for the Renewal Term based upon the results of such review (a “True-Up”). At the end of the Initial Term and each subsequent Renewal Term, Licensee will provide total current count of enabled named Authorized Users to Subscription Provider for the purposes of such True-Up and determining the Subscription pricing for the subsequent Renewal Term. Additionally, Licensee will provide estimates of growth or shrinkage in user accounts over the Renewal Term to enable determination of the appropriate renewal price schedule to be applied. (de) In the event a Licensee does not renew a Subscription or such Subscription is terminated in accordance with the terms hereof, Licensee may continue to use versions of the Licensed Software made openly available by Aras at no-charge subject to the terms set forth in Section A. Nonetheless, use of any Licensed Software that is distributed as Subscriber-Subscriber only software will be terminated automatically by the expiring license key.