English to Russian Bus/Financial Law: Contract(s)

Документ - Соглашение о предоставлении лицензии на программное обеспечение

Unless otherwise specified in a product quotation from *** or an authorized *** reseller, this Agreement shall have an initial term of one (1) year.

Upon issuance of your purchase order prior to the expiration of the initial term or any renewal term, acceptance by *** of such purchase order and payment by you of the applicable fees, this Agreement shall renew for successive periods (for the term specified in a product quotation) unless terminated by *** per section 21 below.