Lyve Cloud Services Terms - Addendum

You agree to the following terms in relation to the Lyve Cloud Services:

Data Encryption. If Your Data is unencrypted, Seagate shall encrypt Your Data using encryption keys provided by you. If you do not provide encryption keys to Seagate, Seagate shall encrypt Your Data using Seagate’s key management system, and provide the keys to you. Once encrypted, Seagate shall have no ability to access the contents of Your Data.

Pricing. Your price per Terabyte (“TB”) of Your Data in Lyve Cloud Services is set out in the cart of the Portal’s checkout process. The fees for Lyve Cloud Services are calculated by the arithmetic average of the daily maximum TB of Your Data each day of the applicable calendar month. Seagate may change the per-TB pricing for any renewal period by informing Company not less than 15 days, as applicable, prior to the end of the initial Services Period or then-current renewal period of the Services Period.

Payment. You shall pay pay-as-you-go Orders each month in arrears for the Services fees of the prior month. You shall pay the reserve portion of reserve Orders each month in advance and you shall pay any overages of Your Data above the reserve portion of the prior month in arrears. Within the first 10 days of the subsequent month, Seagate will invoice you each month in arrears for the fees of the prior month, as set out above.

Autorenewal. For each Services Period that is month-to-month, the Services Period will commence on effective date of the Order and will automatically renew for an unlimited number of additional monthly renewal periods. For each Services Period that is longer than monthly, the Services Period will commence on effective date of the Order and will automatically renew for an unlimited number of additional yearly renewal periods. Subject to other rights of termination or suspension set out in the Agreement, either party may stop such auto-renewal by providing written notice of non-renewal to the other party not less than (i) 15 days prior notice to the end of the then current monthly Services Period, or (ii) 60 days prior to the end of the then non-monthly Services Period.

Revision: 20230602