What is a notice period in a contract? Definition, examples and how to calculate it

A plain-English definition, the most common notice periods by contract type, and a quick way to work out your real deadline.

Common notice periods by contract type

SaaS
30 to 60 days
Vendor and service agreements
30 to 90 days
Insurance (non-renewal by insurer)
Often 30 to 60 days, set by state rules
Commercial leases
3 to 12 months
Enterprise software
60 to 90 days

How to calculate the notice deadline

  • Find the renewal or expiration date in the term section.
  • Find the notice period in the renewal or termination clause.
  • Subtract the notice period from the renewal date.
  • Check whether the contract counts calendar days or business days, and how notice must be delivered.

Frequently asked questions

Is email valid notice? Only if the contract allows it. Many require a letter or a specific address. Does the notice period start when you send it or when it is received? Usually when it is received, so leave a buffer.

Put this into practice

Upload a few contracts and LicensorFlow will find the notice deadlines for you.

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