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Master Solutions Agreement
<br />
<br />A-7
<br />Revised August 2022
<br />MSA
<br />the last fiscal period for which sufficient funding was appropriated. No penalty or expense shall accrue to the
<br />County in the event this provision applies; provided, however, that the County shall remain obligated to pay for
<br />all Products ordered, in transit, delivered, or accepted, and for all non-cancellable costs incurred by Trace3
<br />(including any restocking fees, shipping charges, and OEM cancellation charges), prior to the effective date of non-
<br />appropriation. The County shall provide Trace3 with not less than thirty (30) days’ advance written notice of any
<br />non-appropriation event.
<br />10. AUDIT
<br />During the term of this Agreement and for a period of two years following the completion of work under any SOW,
<br />Trace3 will maintain, in accordance with recognized accounting practices, complete books and records relating to all
<br />Deliverables, SOWs, Purchase Orders and Invoices, and of all costs and Fees reimbursable or payable by Client under
<br />the terms of this Agreement. Client will have the right to examine and audit only such records as directly pertain to
<br />Client and the transactions contemplated by this Agreement and any SOW or Purchase Order issued hereunder at any
<br />reasonable time during such period. The accuracy of Trace3's Invoices will be determined by such audits (provided,
<br />that, Trace3 will have the right to conduct its own audits to confirm the accuracy of any audit perform by Client or
<br />under Client’s direction) and each Party will immediately pay any overcharges or undercharges, as applicable, to the
<br />other Party. Client will bear all costs associated with such audits.
<br />11. OWNERSHIP AND INTELLECTUAL PROPERTY
<br />(a) Ownership. Any and all software, data and related intellectual property developed by Trace3 arising directly out
<br />of the provision of Deliverables (the "Developed Intellectual Property") will be the exclusive property of Client.
<br />All software, data and related intellectual property previously developed and owned by Trace3 or any third party,
<br />or licensed to Trace3 by any third party, and used in the provision of Deliverables (the "Retained Intellectual
<br />Property") is and will remain the exclusive property of Trace3 or such third party. Notwithstanding the foregoing,
<br />Trace3 retains all right, title, and interest in and to its tools, methodologies, techniques, know-how, and general
<br />skills and experience, including any improvements to the Retained Intellectual Property, and Client hereby grants
<br />Trace3 a perpetual, irrevocable, royalty-free, worldwide, non-exclusive license to use, copy, modify, and create
<br />derivative works of the Developed Intellectual Property for Trace3’s internal business purposes, provided that
<br />Trace3 does not disclose any County Data or Client Confidential Information in doing so.
<br />(b) Assignment; License. Trace3 hereby assigns and will assign to Client the Developed Intellectual Property. Trace3
<br />will execute any and all documents necessary to assign any Developed Intellectual Property to Client and to assist
<br />Client to protect such Developed Intellectual Property, including, signing patent or copyright applications and
<br />assignments in favor of Client; provided, that the preparation and filing of such applications or assignments will
<br />be at Client's sole expense. Further, Trace3 hereby grants to Client a royalty-free, nonexclusive, unrestricted,
<br />irrevocable, world-wide license to use, duplicate, or disclose for any purpose whatsoever and to authorize others
<br />to do so, all Retained Intellectual Property (including writings, recordings, pictorial reproductions, drawings,
<br />computer programs and works of any similar nature) required to be furnished to Client under this Agreement, in
<br />each case solely for Client’s own governmental and operational purposes; provided that Client will not resell,
<br />sublicense, or otherwise commercially exploit the Retained Intellectual Property.
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