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Each license is good for one year of updates and support. Once your license expire, you will have 60 days to renew it at a discounted rate.
Note: you can continue to use the theme once your license expires. You just won’t get any updates, support, or any of our awesome new features.
*VIP All-Access plans receives support and updates for life. These are lifetime license thus does not require renewal.
About Syed Balkhi
Syed Balkhi is an online marketer with design & development experience (Yup, that's a lethal combo). He's also the guy behind ThemeLab.