Platform-as-a-Service Contracts
Contract Term
The contract term is 24 months and is effective from the Activation Date set out in the agreement. The contract will automatically renew unless terminated as per the contract terms.
Why is the contract 24 months?
All contracts are a duration of 24 months. This is partly to cover the cost of the Service but also to allow the time to build a mutually beneficial partnership to enable CrescoData to work with the customer to provide increased return on investment.
Why does the contract automatically renew?
The contract automatically renews to save the administrative burden of agreeing a new contract at the end of the term and also to prevent any ‘out-of-contract’ situations. The Customer is able to terminate the contract by means set out in the agreement.
Termination Policy
To terminate your contract please send an official email 90 days’ prior to the end of the contract term to finance.management@crescodata.com and copy your Account Manager in.
Territory
The territory covered is detailed in the Platform-as-a-Service Agreement