Also an opt-out clause for schools in the 3 year deal.

7.6 A Member Institution’s performance of its obligations under a multi-year License Agreement shall be subject to and contingent upon the availability of funds provided, allocated, or allotted in institutional budgets for the purpose of payment for the subscription periods covered under the License Agreement. Any Member Institution may, at its sole option, provide written notice to the Licensor and Licensee, no later than 60 days before the annual renewal date within a multi-year agreement, of the inability to fulfill its obligations due to financial difficulties and the intent to terminate its participation in the License Agreement for the balance of the subscription period. The determination of whether funds are available shall be made at the sole discretion of the applicable Member Institution, i.e. the Member will not need to demonstrate financial exigency by disclosing its financial statements.  The termination of participation by any Member Institution will not constitute a default or a termination of participation of any other Member Institutions under the License Agreement and shall not be grounds for any increase in fees payable by other Members. Upon termination, a Member Institution has the ability to execute its Perpetual Access rights.

ALUMNI access - not available