Term licences are generally sold with a two-year initial term and optional annual renewals
Catalog row in Vendor License Rules · Cited
- Kind
- Term
- Statement
- FY2026 10-K, Item 7: term licences are generally sold under an initial term of two years with optional annual renewals. Arrangements with an initial term of two or more years and renewal terms of more than one year also exist.
- Applies when
- Renewal timing.
- Applies to
- Self-managed term licences.
- Related programs