Common use of SaaS Services Pricing Commitment Clause in Contracts

SaaS Services Pricing Commitment. Customer’s first Order of SaaS Services in any country during the Initial Term or a renewal term (each being a “Term”) shall establish the maximum rates 8x8 may charge for Service Fees and Regulatory Fees for subsequent Orders of those same SaaS Services in that country during that Term. At the start of any renewal Term, 8x8 may increase such rates by up to five percent (5%) above the rates effective at the end of the prior Term, but 8x8 may increase Service Fee and Regulatory Fee rates up to 8x8’s list price by giving Customer sixty (60) days’ notice before such renewal Term begins. In addition, 8x8 may increase Regulatory Fee rates up to 8x8’s list price at the start of a renewal Term if 8x8’s related costs have substantially increased.