Is there a minimum time contract/commitment?

Not at all. You can pay monthly, quarterly, semi-annually or annually. You can also cancel your hosting package at any time.

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Is there any downtime when I upgrade or downgrade my account?

No, your account can be upgraded or downgraded to any plan without any downtime.

Will you place any ads on my web site?

No. Unlike some free hosting providers, Cyber Ultra Network will never place any ads of any sort...