The Company leases office space under non-cancelable operating lease agreements, which include an 11-year lease of the Company’s future principal executive offices that was entered into in December 2019. These operating leases expire through April 2031.

Rent expense is recognized on a straight-line basis over the lease term. Rent expense was $0.9 million and $1.6 million, during the three and six months ended December 31, 2019, respectively, and $0.6 million and $1.0 million during the three and six months ended December 31, 2018, respectively.

Future minimum lease payments under non-cancelable leases as of December 31, 2019 are as follows (in thousands):

Fiscal years ending June 30:	Amount
Remainder of 2020	$	1,491
2021		1,633
2022		6,768
2023		6,973
2024		7,179
Thereafter		50,547
Total	$	74,591

The Company has a ten-year strategic partnership agreement with a third party to market and promote the Company’s online bill payment products that expires in June 2027. The expense recognized under this agreement, which is included in sales and marketing expenses in the accompanying condensed consolidated statements of operations, was $0.5 million and $1.0 million during the three and six months ended December 31, 2019, respectively, and $0.5 million and $1.1 million during the three and six months ended December 31, 2018, respectively.

The Company purchased a software license and maintenance and support services from a vendor that are payable on an installment basis through August 2021 under a non-cancellable service agreement.

Future payments under these agreements are as follows as of December 31, 2019 (in thousands).

Fiscal years ending June 30:	Amount
Remainder of 2020	$	1,500
2021		3,000
2022		2,000
2023		2,000
2024		2,000
Thereafter		5,500
Total	$	16,000

From time to time, the Company is involved in lawsuits, claims, investigations, and proceedings that arise in the ordinary course of business. The Company records a provision for a liability when management believes that it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. As of December 31, 2019, the estimate of the provision for litigation liability is immaterial. The Company reviews these provisions periodically and adjusts these provisions to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. Litigation is inherently unpredictable.