SH22-019 - GUARDIAN RFID - RESOLUTION & AGREEMENT - fully executed

Home Browse Search

G LIAR DIAN RFID 17.INDEMNIFICATION (a)Indemnification by GUARDIAN RFID.GUARDIAN RFID will defend,indemnify,and hold harmless the Customer and the Authorized Customer Personnel (the "Customer Indemnified Parties"),from and against all reasonable and necessary costs,charges and expenses (including attorneys'fees)arising from any third-party claim,action,suit,or proceeding against any Customer Indemnified Party (a "Customer Indemnified Claim")to the extent the Customer Indemnified Claim is based on:(i)any claim that the GUARDIAN RFlD Software infringes a patent,copyright,or other proprietary right or violates a trade secret,and (ii)any gross negligence,willful misconduct,or fraud of GUARDIAN RFID or any Authorized GUARDIAN RFID Personnel. (b)Indemnification by the Customer.The Customer will defend,indemnify,and hold harmless GUARDíAN RFID and the Authorized GUARDIAN RFID Personnel ('GUARDIAN RFID Indemnified Parties"),from any and all reasonable and necessary costs,charges,and expenses (including attorneys'fees)which result from any third-party claim,action,suit,or proceeding against any GUARDIAN RFID Indemnified Party (a "GUARDIAN RFID indemnified Claim")to the extent the GUARDIAN RFID indemnified Claim is based on:(i)the Customer's use of the GUARDIAN RFID Software or GUARDIAN RFID OnDemand other than as permitted under this Agreement,and (ii)any gross negligence,willful misconduct,or fraud of the Customer or any Authorized Customer Personnel. 18.TERM AND TERMINATlON (a)Term.The initial term of this Agreement shall begin on the Effective Date and extend to the first anniversary of the Go-Live Date (the "initial Term").After the Initial Term,subject to Section 18(b),this Agreement will be automatically renewed for up to three (3)additional one-year (1- year)periods (each such period,an "E×tended Term"). (b)Termination for Convenience. (i)Non-Renewal.This Agreement may be terminated for convenience by either party by providing a non-renewel notice to the other party at least sixty (60)days prior to the end of the Initial Term or the end of any Extended Term,as applicable.Such termination will be effective as of the end of such 1nitial Term or Extended Term,as applicable. (ii)Early Termination.This Agreement may be terminated for convenience by the Custorner prior to the end of the Initial Term or any Extended Term upon sixty (60)days'notice of such early termination to GUARDIAN RFID.Such termination will be effective as of the end of the sixty (60)days'notice period.Any early termination for convenience by the Customer made pursuant to this Section 18(b)(ii)during the Initial Term will cause any remaining portions of the initial Term Fee that have not already been paid by Customer to be accelerated and becorne immediately due and payable by Customer to GUARDIAN RFID,regardless of whether the events specified in Addendum B have occurred. (c)Termination by GUARDIAN RFID for Cause. (i)GUARDIAN RFID may terminate this Agreement immediately and discontinue any of its obligations under this Agreement by notice to the Customer if: (A)the Customer ceases to actively conduct its business,files a voluntary petition for bankruptcy or has filed against it an involuntary petition for bankruptcy,makes a general assignment for the benefit of its creditors,or applies for the appointment of a receiver or GUARDIAN RFID System Agreement |18 ©2020 GUARDIAN RFID.All rrghts reserved.GUARDIAN RFID is a U.S.registered trademark. Confidential &Proprietary.(Rev.7/2020)