Data & Insights early termination schedule
Catalog row in Vendor License Programs · Cited
- Kind
- Termination fee
- Term
- Initial term
- Definition
- Data & Insights agreement: a client that terminates during the initial term for reasons other than cause, force majeure or lack of appropriations owes SaaS Fees through termination plus a share of the remaining fees.
- Commercial rules
- Termination in year one: 100% of fees to date plus 75% of the fees due for the rest of the term; year two: plus 50%; year three: plus 25%. No refund of amounts paid.
- Applies to
- Data & Insights SaaS clients