Initial Term for Licensors continues until the end of the First Renewal Term of the VVC Advance PPL (すなわち, 12/31/2030 for new Licensors). This provides predictability for Licensees and Licensors.
Amendments (すなわち, new Versions or Profiles) to the definition of the VVC Standard and the VSEI Standard, and therefore to the scope of the PPL license grant, are approved upon Licensing Administrator’s recommendation unless vetoed by the AdCom.