To celebrate their 25th anniversary Waves Audio just dropped a new version of Waves plugins. They tell us that Waves V10 will "future-proof your sessions, ensure continued compatibility, enjoy plugin updates and full technical support, and get new plugins added to premium bundles".
Here's more direct from Waves:
Future-Proof Your Sessions
This year at Waves, we celebrate not only 25 years of plugin innovation, but also 25 years of constant plugin updates and maintenance. We are dedicated to ensuring that the plugins you purchased 5, 10, 15 or 25 years ago remain compatible with all major DAWs and operating systems, and that the plugins you purchase today will remain compatible in the 5, 10, 15 and 25 years to come.
To achieve this, we devote great efforts and resources to constant updates, development and meticulous quality assurance of our plugins’ compatibility with operating system updates, DAW updates, and new DAWs. The Waves V10 update provides you with the last six years’ worth of such efforts, since our last major update to Waves v9. When you update to Waves V10 plugins, you also future-proof your sessions by ensuring that you will continue to enjoy ongoing updates moving forward.
How to Update to V10
For full details on how to update your Waves Audio plugins to Waves V10 follow the instructions on this page: https://www.waves.com/announcing-waves-v10
Please note: The V10 update is for plugins only. Waves applications (StudioRack, SoundGrid Studio, MultiRack, eMotion LV1) remain at their current versions.