Terms

The Terms of the License shall be as follows:

The effective duration period of the Software License is limited to one (1) year ("Original License Period"). The Software License is effective upon the date of Launch as defined in Section 5 which will be in your full contract as below:

An extension of the Term of the License is automatic ("Extended License Period") unless cancelled by one of the Parties in writing. Such Extended License Period ends one (1) year after the expiration of the Original License Period. Extensions to the Term of the License can take place as many times as the Parties deem practicable.

Either Party may terminate this Agreement prior to expiration of the Original License Period respectively the Extended License Period by giving three (3) months prior notice duly served upon the other Party.

For the avoidance of doubt, fees and any payments due in terms of this Agreement shall continue to be due for as long as the Agreement is effective.