Updates and Upgrades

 Updates and Upgrades


During each Maintenance Term, Vendor shall provide Customer with copies of all new versions, updates, and upgrades of the Software (collectively, “Upgrades”), without additional charge, promptly after commercial release. Upon delivery to Customer, Upgrades will become part of the Software and will be subject to the provisions of Section __ (License) and the other provisions of this Agreement.

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Vendor shall deliver all Minor Upgrades (as defined below) to Customer promptly after release, and such Minor Upgrades will then become part of the Licensed Product. Customer may acquire copies of Major Releases (as defined below) at a __ % discount off Vendor’s standard retail price, and such Major Release will become part of the Licensed Product upon Vendor’s receipt of payment. “Major Release” refers to any new version of the Licensed Product Vendor releases commercially (at its sole discretion) with a new version number to the left of the version decimal point. “Minor Upgrade” refers to any other new version of the Licensed Product.