The Company leases its office facilities under non-cancelable operating leases that expire at various dates through February 2035. Certain leases contain optional termination dates. The table below only includes payments up to the optional termination date. If the Company were to extend leases beyond the optional termination date the future commitments would increase by approximately $83.3 million.

Included in the table below are operating lease commitments for leases that have not yet commenced of approximately $2.4 million for facilities with lease terms of approximately two to five years.

Future minimum payments under all operating lease agreements as of December 31, 2021, are as follows:


	Operating
	(in thousands)
2022	$	45,156
2023		43,908
2024		41,465
2025		41,451
2026		41,368
Thereafter		172,649
Total	$	385,997

In January 2022, the Company extended a lease for facilities with lease terms of approximately 5 years. The lease commences on or near April 2022 and the Company will pay an aggregate of approximately $3.4 million in incremental rent over the lease term.

The Company has entered into certain non-cancelable arrangements (“Vendor Commitments”), which require the future purchase of goods or services. Future minimum payments under all Vendor Commitments as of December 31, 2021, are as follows:


	Product related obligations		INBOUND event obligations
	(in thousands)
2022	$	140,219	$	1,507
2023		155,520		973
2024		176,093		4
2025		196,123		4
2026		220,000		—
Thereafter		187,500		—
Total		1,075,455		2,488

From time to time the Company may become involved in legal proceedings or be subject to claims arising in the ordinary course of its business. Although the results of litigation and claims cannot be predicted with certainty, the Company currently believes that the final outcome of these ordinary course matters will not have a material adverse effect on its business, operating results, financial condition or cash flows. Regardless of the outcome, litigation can have an adverse impact on the Company because of defense and settlement costs, diversion of management resources and other factors.