Common use of Term-based Model Clause in Contracts

Term-based Model. MSP agrees to pay the applicable subscription fees for the amount of term-based Device (as defined in the XXXX) licenses, as designated in the applicable Order Form(s). After purchasing such term-based Device licenses, MSP shall be granted access to the purchased number of Devices licenses which it can allocate and reallocate to its Customers as it sees fit (i.e. floating license). Unless otherwise agreed in the Order Form, term-based Fees are invoiced annually in advance and MSP shall pay Malwarebytes the applicable Fees within 30 days of the invoice date. For the avoidance of doubt, if MSP does not use all of its licenses or does not wish to use the Software through the purchased subscription term, MSP is still obligated to fulfill its payment obligations.

Term-based Model. MSP agrees to pay the applicable subscription fees for the amount of term-term- based Device (as defined in the XXXX) licenses, as designated in the applicable Order Form(s). After purchasing such term-based Device licenses, MSP shall be granted access to the purchased number of Devices licenses which it can allocate and reallocate to its Customers as it sees fit (i.e. floating license). Unless otherwise agreed in the Order Form, term-based Fees are invoiced annually in advance and MSP shall pay Malwarebytes Company the applicable Fees within 30 days of the invoice date. For the avoidance of doubt, if MSP does not use all of its licenses or does not wish to use the Software through the purchased subscription term, MSP is still obligated to fulfill its payment obligations.

Term-based Model. MSP agrees to pay the applicable subscription fees for the amount of term-term- based Device (as defined in the XXXX) licenses, as designated in the applicable Order Form(s). After purchasing such term-based Device licenses, MSP shall be granted access to the purchased number of Devices licenses which it can allocate and reallocate to its Customers as it sees fit (i.e. floating license). Unless otherwise agreed in the Order Form, term-based Fees are invoiced annually in advance and MSP shall pay Malwarebytes ThreatDown the applicable Fees within 30 days of the invoice date. For the avoidance of doubt, if MSP does not use all of its licenses or does not wish to use the Software through the purchased subscription term, MSP is still obligated to fulfill its payment obligations.