Open Value License

Expiration of Agreement/Renewals

When your Open Value agreement expires, you have several choices, depending on the licensing option that you originally chose.

Company-Wide and Non-Company-Wide Options:
You can renew your agreement for another three-year term, purchasing only Software Assurance on your licenses from the expiring Open Value agreement to continue accessing the latest software versions and other benefits.

Or, you can let the agreement expire and own the rights to the current version at the end of your agreement term, but you will no longer continue receiving Software Assurance benefits or upgrade rights.

Subscription Option:

Grace Period
When your three-year agreement expires, you will have a 30-day grace period to renew your agreement and continue benefits. The subsequent agreement will be backdated to the end date of the original three-year agreement term. If you do not renew your agreement during this grace period and wish to continue your Open Value benefits, you will need to start up a new Open Value agreement.

Software Assurance at Agreement Expiration
If you do not renew Software Assurance after your company-wide or non-company-wide agreement expires, in order to receive Software Assurance again, you must obtain both a license and Software Assurance on your order.

Early Termination
As per the Open Value agreement, either party may terminate the agreement only in the event of a material breach by the other party, upon 30 days written notice and with opportunity to correct any issues. If you terminate your Open Value agreement before the end of the three-year term, you must order all copies of products that you have installed but not previously ordered and pay immediately for all unpaid licenses.