Durability of the license

No.

The initial license purchase is a one off payment, which includes 12 months of support and updates.

After 12 months, the license is still valid and you can continue to use the software with no additional charges, but should you wish to download new releases or access ticket support, you would need to purchase a 1 year extension.

Otherwise you can choose not to renew support and remain on the same version.
 
And you can, as we inadvertantly did at one point, stop paying and then start again when you want to upgrade. I try to keep it up now but if money was tight in a given year and you were okay with skipping a few point level updates...
 
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