
State and Federal Auto-Renewal Laws: Should SaaS Contracts Contain Auto-Renewal Provisions?
Many Software-as-a-Service (“SaaS”) businesses have automatic renewal provisions in their contracts. There are obvious advantages to these provisions, such as reliable cash flow and avoiding the employee, managerial, administrative, and other costs associated with repeated contract renewal negotiations. However, SaaS businesses must be aware of State and federal automatic renewal statutes and their requirements. The […]
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