| Term | Detail |
|---|---|
| Initial term | Quote onlyLightspeed (opens in a new tab) · Contract or terms · The initial term is set in each restaurant's order and renews for the same length. |
| Automatic renewal | Not researched yet |
| Notice to avoid renewal | 90 daysLightspeed (opens in a new tab) · Contract or terms · |
| Early termination fee (ETF) | If you end the agreement early, Lightspeed can charge the recurring fees left in the current term plus unpaid one-time fees.Lightspeed (opens in a new tab) · Contract or terms · |
| How the ETF is calculated | 100% of the remaining monthly software fees for each month left in the term. |
| Right to raise prices | Not researched yet |
| Trial period | Not researched yet |
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.