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Clover contract and early termination fee

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Clover contract and early termination fee
TermDetail
Initial term36 monthsClover (opens in a new tab) · Vendor website · Clover's hardware promotion requires a 3-year contract. Terms vary by bank or reseller; a CardConnect agreement filed in court in 2021 also set three years.
Automatic renewalBeing re-verifiedCourtListener (C.D. Cal. 8:21-cv-02130) (opens in a new tab) · Court record · ()One-year extensions in a CardConnect agreement filed in court in 2021; other providers may differ.
Notice to avoid renewalUnconfirmedCourtListener (C.D. Cal. 8:21-cv-02130) (opens in a new tab) · Court record · ()In the CardConnect agreement filed in court in 2021, the application says it extends for one year at a time, while its terms say that after the initial term it continues until either side ends it with written notice (§30.2); neither sets a number of days. Clover.com publishes no agreement.
Early termination fee (ETF)Quote onlyClover (opens in a new tab) · Vendor website · Clover says contract terms and termination fees vary by provider (Clover direct, banks or resellers). In a CardConnect agreement filed in court in 2021 the fee was a fixed amount written in the merchant application.
How the ETF is calculated
Set in your application or quote; not published.
Exclusive processing commitment in the contractYesClover (opens in a new tab) · Vendor website · Clover devices only work with Fiserv's processing, and Clover's partner site says using Clover requires a merchant processing agreement with First Data Merchant Services (Fiserv). You can choose among banks and resellers in Fiserv's network, but not another processor, for as long as you use the equipment. A CardConnect agreement filed in court in 2021 also required its processing for the whole term.
Right to raise pricesBeing re-verifiedCourtListener (C.D. Cal. 8:21-cv-02130) (opens in a new tab) · Court record · ()
Trial periodN/AClover (opens in a new tab) · Vendor website · Clover publishes no trial for its restaurant plans.
Initial term of Clover: 36 monthsInitial term: 36 months; Automatic renewal: Being re-verified; Notice to avoid renewal: Unconfirmed; Trial period: N/AA 36-month termTerm startsMonth 36Term endsNotice to avoidrenewal: UnconfirmedInitial term36 monthsAutomatic renewalBeing re-verifiedClover. The wholecontract, month by month.Trial periodN/AInitial term
Initial term of Clover: 36 monthsInitial term: 36 months; Automatic renewal: Being re-verified; Notice to avoid renewal: Unconfirmed; Trial period: N/AA 36-month termClover. The whole contract, month by month.Initial termTerm startsMonth 36Term endsNotice to avoid renewal: Unconfirmed36 monthsTrial periodN/AInitial term36 monthsAutomatic renewalBeing re-verified
Verified Oct 1, 2026 · The source of each line is in the table above.
More clauses of the Clover contractExclusive processing commitment in the contract: Yes; Right to raise prices: Being re-verified; Trial period: N/ACloverMore clauses,marked on the page1231Exclusive processingcommitment in the contractYes2Right to raise pricesBeing re-verified3Trial periodN/A
More clauses of the Clover contractExclusive processing commitment in the contract: Yes; Right to raise prices: Being re-verified; Trial period: N/ACloverMore clauses,marked on the pageExclusive processing commitment in the contractYesRight to raise pricesBeing re-verifiedTrial periodN/A
Verified Oct 1, 2026 · The source of each line is in the table above.

This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.

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