| Term | Detail |
|---|---|
| Initial term | 12 monthsNetchex (opens in a new tab) · Vendor website · Standard term per the FAQ. The agreement sets 36 months if your fee proposal does not state a term, and signing a new proposal extends the term for every service. |
| Automatic renewal | Renews for 12 monthsNetchex (opens in a new tab) · Contract or terms · Renews for a period equal to the current term (12 months on the standard term). |
| Notice to avoid renewal | 90 daysNetchex (opens in a new tab) · Contract or terms · |
| Early termination fee (ETF) | All fees left in the term, based on your highest monthly employee count in the term, plus anything unpaid.Netchex (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 | Up to 8% a year on each anniversary unless your proposal says otherwise, and new prices at renewal with 30 days' notice. Pass-through transaction fees can change without notice.Netchex (opens in a new tab) · Contract or terms · |
| Trial period | UnconfirmedNetchex (opens in a new tab) · Vendor website · Not documented: we searched netchex.com (pricing, FAQs, payroll, food and drink, year-end fees), its Master Service Agreement and product terms on Oct 1, 2026 and found nothing on this. |
Example: leaving in month 12
With our reference profile (Reference: 15 employees paid every two weeks, 1 state, 12 months), the estimated early termination fee would be $0. Your contract may differ: use the calculator with your numbers.
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.