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18 - Agreement with Placer.aia
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18 - Agreement with Placer.aia
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AGENDA
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materials; provided that the Customer shall cite Placer as a provider of such information (for such purpose only, <br />Placer grants Customer the rights to use the Placer.ai name and logo, provided that any such use of the Placer.ai name <br />and logo must clearly indicate that Placer is the provider of data only, and is not involved in any analysis, conclusion, <br />recommendation). Customer shall not, directly or indirectly, resell, distribute, sublicense, display or otherwise <br />provide Placer Data to any third parties, except that Customer may display Placer Data as part of Research Data. <br />�... <br />............. ....... _.. — <br />3.Term and Termination. <br />Initial Term: The initial term of this Order Form will begin as of the last signature date set forth below, and will <br />continue for 12 consecutive months thereafter (the "Initial Term"). Each renewal or additional term, if any, is <br />referred to as "Additional Term," and the Initial Term and any Additional Terms are referred to collectively as the <br />"Term." <br />Additional Term: Following expiration of the Initial Term, this Order Form shall be automatically renewed for <br />additional periods of the same duration as the Initial Term, unless either party provides written notice of non -renewal <br />at least thirty (30) days prior to the expiration of the then -current term. <br />Termination: Either party may terminate this Order Form upon thirty (30) days' notice if the other party materially <br />breaches any of the terms or conditions of this Order Form or the Agreement (as defined below), and the breach <br />remains uncured during such thirty (30) days. In addition, Placer may immediately suspend Customer's access to the <br />Services, or terminate the Order Form, in the event of non-payment by the Customer or breach by Customer of any <br />restrictions regarding usage of the Services. <br />4. Fees. <br />$15,000/year invoiced: in full upon signing this Order Form. <br />Invoice sent electronically to Customer's billing contact email via NetSuite. <br />Customer shall pay the fees set forth above in this Order Form. <br />Unpaid amounts are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum <br />permitted by law, whichever is lower, plus all expenses of collection. <br />Customer is responsible for all applicable taxes arising directly from the Services other than U.S. taxes based on <br />Placer's net income. <br />If Customer believes that Placer has billed Customer incorrectly, Customer must contact Placer no later than sixty <br />(60) days after the closing date on the first billing statement in which the error or problem appeared in order to receive <br />an adjustment or credit. Inquiries should be directed to Placer's customer support department at support@placer.ai. <br />In the event of any termination, Customer will pay in full for the Services. <br />Placer may increase the fees any time following the Initial Term (but not more frequently than once in any twelve (12) <br />month period). The amount of such annual increase will equal the greater of CPI or five percent (5%) per annum. <br />Customer shall be provided with a minimum of 30 day notice prior to any price increase. <br />All billing will be sent via electronic invoice to the Customer contact indicated above. Customer shall pay all fees <br />within thirty (30) days of the invoice date. <br />_.............._ m. ..,,� .,, ........ ...._......, <br />5. Support. <br />CON -021782 2 <br />
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