Common use of Maintenance Period Clause in Contracts

Maintenance Period. You are required to purchase first year Maintenance with the Software, and the Maintenance period will commence upon the initial delivery of the Software and con- tinue for a period of one year. The Maintenance period, at Your option, may be renewed pur- suant to subsequent orders. Prior to such renewal, Parasoft may, upon ten (10) business days written notice, require You to provide a report on Your use and deployment of the Software. Such report will be certified by an officer of Yours and will specify, with respect to Your Soft- ware: (a) the type and amount of Licensed Capacity; (b) the version; and (c) the Parasoft license serial number. Parasoft shall issue an annual renewal notice to You at least ninety (90) days prior to the expiration of the then-current Maintenance period. Maintenance fees will be based on the then-current list price and are subject to change without notice.

Appears in 4 contracts

Samples: User License Agreement, User License Agreement, User License Agreement

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