Common use of Order Term Clause in Contracts

Order Term. The initial subscription term of the Services shall be as specified in the applicable Order or SOW (the “Initial Order Term”). Unless otherwise mutually agreed by the Parties, following the Initial Order Term, the Order shall automatically renew for successive twelve (12) month periods (each, a “Renewal Order Term” and together with the Initial Order Term, the “Order Term”), unless either Party gives the other Party written notice of its intent not to renew at least sixty (60) days prior to the expiration of the then-current term. Unless otherwise agreed by the Parties for an effective Renewal Order Term, Nexthink reserves the right to charge then-applicable subscription fees for each Renewal Order Term, provided notice of any such increase is provided to Customer no later than sixty (60) days prior to the expiration of the then-current Order Term.

Order Term. The initial subscription term of the Services shall be as specified in the applicable Order or SOW (the “Initial Order Term”). Unless otherwise mutually agreed by the Parties, following the Initial Order Term, the Order shall automatically renew for successive twelve (12) month periods (each, a “Renewal Order Term” and together with the Initial Order Term, the “Order Term”), unless either Party gives the other Party written notice of its intent not to renew at least sixty (60) days prior to the expiration of the then-current term. Unless otherwise agreed by the Parties for an effective Renewal Order Term, Nexthink reserves the right to charge then-then- applicable subscription fees for each Renewal Order Term, provided notice of any such increase is provided to Customer no later than sixty (60) days prior to the expiration of the then-current Order Term.