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DocuSign Envelope ID: BA71619D-5796-4319-85EF-917E1B819551 <br />shall be construed as transferring any rights, title or interests to Customer or any third party. PFM and <br />its licensors reserve any and all rights not expressly granted herein. <br />8. Anonymous Information. PFM may collect, use and publish Anonymous Information (defined below), <br />and disclose it to its third party service providers, to provide, improve and publicize PFM's applications <br />and services. "Anonymous Information" means information about use of the Application, including <br />Customer Data, which does not enable identification of an individual, such as aggregated and analytics <br />information about use of the Application. PFM owns all Anonymous Information collected or obtained <br />by PFM. <br />9. Payments. Customer shall pay PFM the fees set forth in the Subscription Agreement in accordance with this <br />Section 9. <br />9.1. Implementation Fee. The provision of any "IMpl-emeniation Services" (as described in Annex 8) is <br />subject to Customer's payment in full of the Implementation Fee set forth in the Subscription <br />Agreement. <br />9.2. Licensing Fee. Access to the Application and the provision of any "Ongoing Services' (as described <br />in Annex B is subject to Customer's payment in full of the related Licensing Fee for the related <br />subscription period set forth in the Subscription Agreement. <br />9.3. Ancillary Services Fee. If Customer requests that PFM provide ancillary services, then PFM will <br />provide such service subject to Customer's payment in full of the "Ancillary Services Fee" set forth in <br />the Subscription Agreement. <br />9.4. Expenses. Customer will reimburse PFM for reasonable transportation, lodging, meal, and out-of- <br />pocket expenses incurred by PFM for travel, as requested by Customer, to any location outside <br />of Philadelphia, Pennsylvania. Customer will be solely responsible for all expenses incurred by <br />Customer personnel in connection with these Terms and Conditions, the Application, and the <br />Services. <br />9.5. Payment Terms. All payments hereunder are quoted and shall be paid in United States Dollars. <br />Payments shall be made without any right of set-off or deduction and are irrevocable and (except <br />as expressly set forth herein) nonrefundable. All PFM invoices are due and payable in accordance <br />with the Subscription Agreement. Any amount not paid when required to be paid hereunder shall <br />accrue interest on a daily basis until paid in full at the lesser of: (i) the rate of one and a half percent <br />(1.5%) per month; or (ii) the highest amount permitted by applicable law. <br />9.6. Taxes. All fees payable to PFM are exclusive of applicable taxes (including without limitation VAT), <br />withholdings, duties, or other governmental charges (collectively, "Taxes"), and the fees set forth <br />in the Subscription Agreement are the net amounts which PFM shall be paid by Customer <br />hereunder. Customer contemplates that Customer's access to and use of the Application and <br />--- - ------receipt-of-Serviceswill- be -exempt -from -all- T-axes.-If-Customer's-access-toor-use- of -the -Application--- - —_ <br />or receipt of Services is nevertheless determined to be subject to Taxes, Customer shall pay when <br />due all such Taxes assessed or levied against or with respect to the Application or Services. <br />10. Term, Renewal, and Termination. <br />10.1.1nitial Term. The Agreement shall be effective upon the Effective Date and shall continue for an <br />initial term as described in the Subscription Agreement (the "Initial Term'). <br />10.2.Renewal. Following the Initial Term, the Agreement shall automatically renew at the then -applicable <br />Licensing Fee for successive one-year terms (each a "Renewal Term", and together with the Initial <br />Term, the "Term") unless: (i) PFM or Customer provides the other with sixty (60) days written <br />notice prior to the end of any term of its intent not to renew, or (ii) the Agreement is terminated in <br />accordance with Section 10.3 (Termination) below. If Customer continues to use the Application <br />past any renewal date, then Customer shall be deemed to have renewed the Agreement for the <br />following term at the rates applicable for said new term. <br />10.3. Termination. <br />10.3.1. Material Breach. Either party may terminate the Agreement with immediate effect if the <br />other party materially breaches the Agreement and such breach remains uncured (to <br />the extent that the breach can be cured) fifteen (15) days after having received written <br />notice thereof. <br />Rev. 24.1 Q 18 — Annex C — Terms and Conditions <br />