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Platform-as-a-Service Contract details

Contract Term & Renewal

  • The contract term is 24 months, effective from the Activation Date stated in the agreement.
  • The contract automatically renews unless terminated according to the contract terms.

Why is the contract 24 months?

  • The 24-month term helps cover the cost of the service.
  • It allows time to build a mutually beneficial partnership, ensuring CrescoData can maximize the customer’s return on investment.

Why does the contract automatically renew?

  • Prevents administrative burden by eliminating the need for a new contract at the end of the term.
  • Avoids any ‘out-of-contract’ situations that may disrupt service.
  • Customers can terminate the contract as outlined in the agreement.

Termination Policy

Territory

  • The territory covered is specified in the Platform-as-a-Service Agreement.