Thanks for pointing that out to me.
The EULA currently refers to licensing agreements for both corporate and individual retail editions of Photo Mechanic. To alleviate confusion, we're going to update the EULA for each edition to reflect only the licensing relevant to the edition you've purchased. We hope this will be clearer for everyone. Individual retail use of Photo Mechanic does not require any sort of subscription, or annual licensing option. The purchased license is valid and perpetual for that edition along with any associated build updates within that version number. As an example: an individual retail license of Photo Mechanic 6 will never expire and work in perpetuity for as long as you have a computer that will run Photo Mechanic 6, and any updated "build" of Photo Mechanic 6 is a free update for that license.
-Kirk