Yearly Subscription Licence. Where the Licensee has purchased a Yearly Subscription Licence: (1) the Licence granted to the Licensee includes a right to install OPSIM; (2) the Licence will be limited to the conditions of either a Local Lock or a Network Lock as agreed between the parties in writing; (3) the term of the Licence shall be limited to one (1) year; (4) the Licence shall roll over for successive terms of one (1) year until a written notice of expiry is provided by the Licensee to WS, at which point the Licence will expire at the end of the then-current term; and (5) Software Upgrade and Support Services shall be mandatory inclusion for the term of the Licence (as shall payment of the Software Upgrade and Support Services Fee by the Licensee) and will not be able to be cancelled under clause 5.2(b).
Appears in 2 contracts
Sources: License Agreement, Licensing Agreement