diff --git a/examples/obs-agent-iks/main.tf b/examples/obs-agent-iks/main.tf
index e41a841d..1be47462 100644
--- a/examples/obs-agent-iks/main.tf
+++ b/examples/obs-agent-iks/main.tf
@@ -129,7 +129,7 @@ resource "time_sleep" "wait_operators" {
 
 module "observability_instances" {
   source                         = "terraform-ibm-modules/observability-instances/ibm"
-  version                        = "3.5.2"
+  version                        = "3.5.3"
   resource_group_id              = module.resource_group.resource_group_id
   region                         = var.region
   cloud_logs_plan                = "standard"
diff --git a/examples/obs-agent-ocp/main.tf b/examples/obs-agent-ocp/main.tf
index b75df387..33d5e95d 100644
--- a/examples/obs-agent-ocp/main.tf
+++ b/examples/obs-agent-ocp/main.tf
@@ -129,7 +129,7 @@ data "ibm_container_cluster_config" "cluster_config" {
 
 module "observability_instances" {
   source                         = "terraform-ibm-modules/observability-instances/ibm"
-  version                        = "3.5.2"
+  version                        = "3.5.3"
   resource_group_id              = module.resource_group.resource_group_id
   region                         = var.region
   cloud_logs_plan                = "standard"