Common use of Version Upgrades Clause in Contracts

Version Upgrades. ‌ In order to gain access to and rights to use a new Major Release of the Software, Licensee must purchase a Version Upgrade. Highsoft may, at its sole discretion, at any time choose to discontinue the offering of Version Upgrades and the supply of new Major Releases. In order to purchase a Version Upgrade, Licensee must own a valid License to the previous Major Release of the Software (e.g. in order to purchase Version Upgrade to 5.0, Licensee must own a valid License to 4.0). Licensee holding a License authorizing to use a Major Release older than the previous Major Release must thus purchase a new License (not just a Version Upgrade) in order to access the new Major Release. Once Licensee purchases a Version Upgrade, Licensee is authorized to use all Minor Releases to the Major Release to which Licensee holds a valid license.

Version Upgrades. ‌ In order to gain access to and rights to use a new Major Release of the Software, Licensee must purchase a Version Upgrade. Highsoft may, at its sole discretion, at any time choose to discontinue the offering of Version Upgrades and the supply of new Major Releases. In order to purchase a Version Upgrade, Licensee must own a valid License to the previous Major Release of the Software (e.g. in order to purchase Version Upgrade to 5.0, Licensee must own a valid License to 4.0). Licensee holding a License authorizing to use a Major Release older than the previous Major Release must thus purchase a new License (not just a Version Upgrade) in order to access the new Major Release. Once Licensee purchases a Version Upgrade, Licensee is authorized to use all Minor Releases to the Major Release to which Licensee holds a valid license.