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Contracts & Agreements_218-2017
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Contracts & Agreements_218-2017
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Last modified
2/4/2020 10:52:05 AM
Creation date
11/7/2017 12:08:17 PM
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Contracts & Agreements
Subject
Consulting Agreement
Details
GovInvest for actuarial services and technology
Date
10/17/2017
Document Number
218-2017
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City of Redlands <br /> order to receive an adjustment or credit Inquiries should be directed to Company's customer <br /> support department <br /> 42 Company may choose to bill through an invoice, in which case,full payment for invoices issued <br /> in any given month must be received by Company thirty(30) days after the mailing date of the <br /> invoice Unpaid amounts are subject to a finance charge of 5%per month on any outstanding <br /> balance, or the maximum perinitted by law, whichever is lower,plus all expenses of collection <br /> and may result in iminediate termination of Service Customer shall be responsible for all taxes <br /> associated with Services other than U S taxes based on Company's net income <br /> 5 TERM AND TERMINATION <br /> 5 1 Subject to earlier termination as provided below,the Initial Term of this Agreement shall be for a <br /> period specified in the Summary of Services and Implementation(the"Initial Term") Upon the <br /> expiration of the Initial Tenn,this agreement shall automatically renew for two one-year renewal <br /> periods(each a"Renewal Term") The Initial Term and the Renewal Term are collectively <br /> referred to herein as the"Term" <br /> 52 In addition to any other remedies it may have,either party may termmate this Agreement upon <br /> thirty(30)days written notice(or without notice in the case of nonpayment)to the other party <br /> Customer will pay in full for the Services up to and including the last day on which the Services <br /> are provided All sections of this Agreement which by their nature should survive tennination <br /> will survive termmation,including,without limitation,accrued rights to payment,confidentiality <br /> obligations,warranty disclaimers,and limitations of liability <br /> 6 WARRANTY AND DISCLAIMER <br /> Company shall use reasonable efforts consistent with prevailing industry standards to maintain <br /> the Services in a manner which nummizes errors and interruptions in the Services and shall <br /> perform the Implementation Services in a professional and workmanlike manner as expressed in <br /> Exhibit C Services may be temporanly unavailable for scheduled maintenance or for <br /> unscheduled emergency maintenance,either by Company or by third-party providers,or because <br /> of other causes beyond Company's reasonable control,but Company shall use reasonable efforts <br /> to provide advance notice in writing or by e-mail of any scheduled service disruption However, <br /> Company does not warrant that the Services will be uninterrupted or error free, nor does it make <br /> any warranty as to the results that may be obtained from use of the Services EXCEPT AS <br /> EXPRESSLY SET FORTH IN THIS SECTION,THE SERVICES,THE ANALYTICS,AND <br /> IMPLEMENTATION SERVICES ARE PROVIDED"AS IS"AND COMPANY DISCLAIMS <br /> ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING,BUT NOT LIMITED TO, <br /> IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR <br /> PURPOSE AND NON-INFRINGEMENT <br /> 7 INDEMNITY <br /> Company shall hold Customer harmless from liability to third parties resulting from infringement <br /> by the Service of any United States patent or any copyright or misappropriation of any trade <br /> secret,provided Company is promptly notified of any and all threats,claims and proceedings <br /> related thereto and given reasonable assistance and the opportunity to assume sole control over <br /> defense and settlement, Company will not be responsible for any settlement it does not approve in <br /> writing The foregoing obligations do not apply with respect to portions or components of the <br /> Service(i)not supplied by Company, (ii)made to whole or in part in accordance with Customer <br /> specifications,(iii)that are modified after delivery by Company, (iv)combined with other <br /> products,processes or materials where the alleged infringement relates to such combination,(v) <br /> where Customer continues allegedly infringing activity after being notified thereof or after being <br /> informed of modifications that would have avoided the alleged infringement,or(vi)where <br /> Actuarial Services and Technology Gov!nvest <br /> Licensing Agreement <br /> Insights to your financial future <br /> Page 5 <br />
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