Hey Eric. Thanks for the note. Once your first year of subscription runs out, you have the option to renew the license. (Renewal is not a full-price purchase and is 30% discounted). You can absolutely decide to not continue to renew, and the plugin won’t stop working…it’ll retain all functionality whether there’s a license active or not. But you will lose access to future updates to the plugin and our support forums without an active license.
Hope that helps. If you’ve got other questions on this, or if I can elaborate at all, let me know. Thanks again for checking out The Events Calendar.