Hosting Service. It is understood that IDT retains primary --------------- control over the Internet equipment listed on the Exhibits hereto. Notwithstanding the foregoing, to the extent that IDT requires Net2Phone's assistance in gaining Internet access as a result of Net2Phone exercising the rights to use the equipment and/or access granted to Net2Phone herein, Net2Phone hereby agrees to facilitate such access for a period of five years commencing on the date hereof. At the end of such initial term and of each year thereafter, Net2Phone's obligation to facilitate IDT's Internet access shall automatically renew for an additional one (1) year period unless one party has given the other party sixty (60) days' prior written notice terminating such facilitation of Internet access. Following such initial term, such facilitation of Internet access may be terminated at any time at the option of either IDT or Net2Phone upon sixty (60) days' prior written notice. As compensation to Net2Phone for facilitating such access, IDT agrees to pay for such usage and services as provided in Section 2(d) hereof.
Appears in 2 contracts
Sources: Internet/Telecommunications Agreement (Net2phone Inc), Internet/Telecommunications Agreement (Idt Corp)