Common use of Commencement and End Clause in Contracts

Commencement and End. This Agreement enters into force at the date written in the Invoice (the “Effective Date”). The initial term of this Agreement is written in the Invoice (the “Initial Term”). This Agreement is terminated on the day of expiration of the Initial Term unless the Parties prolong its effect on mutual consent before the day of expiration. The Licensee may renew this Agreement on an annual basis by paying RCDevs the applicable Software support and maintenance renewal fees, unless RCDevs notifies the Licensee at least 60 days before the expiration of the Initial Term or any Renewal Term of its intent not to renew the support and maintenance services. Upon payment of the renewal fees, this Agreement is automatically renewed for a period (The “Renewal Term”) written in the relevant invoice for the Software support and maintenance services’ renewal. If not explicitly written, the Renewal Term is one (1) year and commences at the delivery date of the relevant renewal invoice.