Common use of Subscription Orders Clause in Contracts

Subscription Orders. Orders for Subscriptions may be placed by MSP through (1) the execution of Order Forms with Elastic, setting forth the (i) Subscription Level, (ii) Subscription Term, (iii) Resource quantities, (iv) Managed Services Offering, (v) MSP Customer, and (vi) applicable fees (“Fees”), including the Annual MSP Program Fee as applicable or (2) issuance by MSP of a Qualifying PO, which will be deemed to constitute, for the purposes of this Agreement, the execution by MSP of the referenced Order Form. Each executed Order Form is incorporated by reference into, and shall be governed by the terms and conditions of, this Agreement.