For General Sponsors, at the first anniversary of sponsorship, if sponsorship is not canceled at least thirty days prior to the first anniversary of sponsorship, a prorated amount of fees for the remainder of that calendar year will be assessed (and sponsorship will proceed on a calendar- year based renewal cycle thereafter). Sponsorship Fees and Initial Sponsorship Term: All sponsorship privileges will commence starting the date of execution of this Agreement. Unless agreed otherwise, all fees will be due within thirty days of receipt of an invoice and subject to Linux Foundation Europe’s Good Standing Policy, available at https://linuxfoundation.eu/policies. The sponsorship term will start the date of execution of this Agreement and continue for 12 months from the Invoice Month (“Initial Sponsorship Term”). Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. The month listed on the invoice is the “Invoice Month”. All fee amounts are irrevocable and non-refundable commitments based in Euros. Sponsor acknowledges that Linux Foundation Europe and its communities depend upon reliable sponsorship renewal information to budget effectively and that Linux Foundation Europe's ability to provide support to its communities will suffer in the event of non-payment of sponsorship fees. Notice of any increase in sponsorship fees for the Stub Period or Renewal Term will be given on or before the 15th of November in the current calendar year. Sponsorship will renew automatically unless the Sponsor delivers written notice of non-renewal to Linux Foundation Europe: ● on or before the first day of the last month of its Initial Sponsorship Term, or ● by 1 December of any calendar sponsorship year. [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 2
Project Sponsorship Agreement Page 1 Page 3