Common use of Perpetual Licenses Clause in Contracts

Perpetual Licenses. YOU may purchase a perpetual license to use the Software (a “Perpetual License”). A Perpetual License shall entitle YOU to use the Software indefinitely, unless and until terminated by Maplesoft in accordance with this Agreement. YOU understand and agree that the Elite Maintenance Program for each Perpetual License, if any, will terminate automatically upon expiration of the initial Elite Maintenance Program term. Thereafter, the Elite Maintenance Program term may be renewed for the Software upon payment at the then- applicable rates, as long as Maplesoft offers such Elite Maintenance Program, generally, for such Software. Maplesoft acknowledges that Perpetual License Software does not contain any code or device that will render it inoperable, upon expiration of any time period or upon any event.