For the Cloud Software identified in the Cloud Software Table below, Ellucian grants Client a non-exclusive, non-transferable license to use the Cloud Software during the Term for Client's internal use only, on the terms and conditions of the Agreement. This license with respect to the Cloud Software will begin on the Beginning Date and will continue until the Expiration Date (as those terms are specified below).
| Cloud Software |
| Description1 | Maintenance Standards | Beginning Date | Expiration Date | Fee |
|---|
| Ellucian Intelligent Learning Platform Enterprise for Blackboard | Subscription Advantage | October 1, 2023 | September 30, 2026 | Included |
| TOTAL (for Contract Year ending September 30, 2024) | 16,860 |
| TOTAL (for Contract Year ending September 30, 2025) | 17,872 |
| TOTAL (for Contract Year ending September 30, 2026) | 18,944 |
Payment Terms - Cloud Software Fee: For the Cloud Software licensed in this Order Form, subscription fees for each Contract Year will be specified by Ellucian in an annual invoice issued in advance of each such Contract Year (except that the invoice for the initial Contract Year will be issued on or after the Execution Date of this Order Form). The annual subscription fees payable for each Contract Year during the Term are listed in the Cloud Software Table above and will not increase except as set forth herein or in the Agreement. Payment of the annual subscription fees specified herein is in addition to any subscription fees due under the Agreement or any other software or subscription agreement(s) between the parties.
Notes: ___
For product descriptions and service standards, see www.ellucian.com/contracts-and-documentation.
All Oracle maintenance escalates 9% year over year.
minations. For the avoidance of doubt, the following products/services are terminating as of the Beginning Date above:
Product Name License Type
1 Banner Operational Data Store Oracle Maintenance
Contract Year. As applicable, the term "Contract Year" means each period of twelve (12) months commencing on October 1 during the Term.
Contracted FTE. The Contracted FTE to applicable Software is 1,999.
Invoicing. As applicable based upon the specific products identified in this Order Form, Ellucian will invoice Client in accordance with the Payment Terms section beneath the applicable Table(s) above.
Payment Terms - Generally. Unless a different payment obligation is specified in the Agreement, Client's payments under this Order Form are due within thirty (30) days of the date(s) of invoice(s).