IBM offers term licenses for select software Programs under the IBM International Passport Advantage Agreement and the IBM International Passport Advantage Express Agreement. Term Licenses make it easier for Client’s to acquire IBM software Programs with various flexible commitment terms, renewal options, and billing frequencies.

Term Licenses grant the Client the right to:

  • use the software Program on Client’s premise for a specified commitment term,
  • receive IBM Software Subscription and Support during the commitment term, and
  • while in effect, IBM Software Subscription and Support authorizes Licensee to use the most current commercially available version, release, or update, should any be made available as well as receive support for the Program.
  • once Client terminates the Term License, Client will no longer have rights to use the software Program, will no longer be entitled to the benefits of IBM Software Subscription and Support, and Client must destroy all copies of the software Program.

IBM offers 3 variations of Term Licensing offered for IBM software Programs (options vary by Program)

  • Committed Term License
    • Has pricing affinity to cloud-centric pricing models
    • Client agree to pay IBM for the complete commitment term
    • Allows Clients to renew or to terminate at the end of the commitment term
  • Monthly License
    • Flexible commitment terms of a minimum of 1 month
    • Client may terminate a commitment term with at least 30 days written notice
    • Allows Clients to renew or to terminate at the end of the commitment term
  • Fixed Term License
    • A fixed commitment term of 12 months
    • Client may terminate a commitment term with at least 30 days written notice
    • Allows Clients to renew for another 12-month commitment term or to terminate at the end of the commitment term