What is an Evergreen Contract?
- The oboloo Team
- November 10, 2022
- Contract Management
- 0 Comments
What is an Evergreen Contract? In business, the term “evergreen contract” is used to describe a contract that is automatically renewed after the initial contract term expires. Evergreen contracts are common in subscription-based businesses, where the customer pays for access to a service on a recurring basis. While evergreen contracts can be beneficial for both businesses and customers, they can also be …
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