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FIFTH ASSET, INC. dba DEBTBOOK
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FIFTH ASSET, INC. dba DEBTBOOK
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Last modified
8/8/2024 3:38:59 PM
Creation date
6/15/2022 12:27:10 PM
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Contracts
Company Name
FIFTH ASSET, INC. dba DEBTBOOK
Contract #
N-2022-171
Agency
Finance & Management Services
Expiration Date
5/14/2023
Insurance Exp Date
11/1/2024
Destruction Year
2028
Notes
For Insurance Exp. Date see Notice of Compliance
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INSURANCE ON FILE <br />WORK MAY PROCEED <br />UNTIL INSURANCE EXPIRES N-2022-171 <br />11 ' l 22 <br />ATE: , OF JI?I, cl� 5 2022 <br />DATE: UIIVV <br />q-:FM A(Swahi2) LA`S ORDER FORM <br />Fifth Asset, Inc., d/b/a DebtBook ("DebtBook") is pleased to provide City of Santa Aire, CA, a charter city and <br />municipal corporation organized and existing under the Constitution and laws of the State of California <br />("Customer), with the Services subject to the terms established in this Order Form. This Order Form may be <br />modified or replaced from time to time by a subsequent Order Form duly executed and delivered by each party <br />in connection with any Renewal Term. <br />The Services are subject to DebtBook's General Terms & Conditions (the 'Tenn & Conditions"), which have <br />been provided to Customer, and the Incorporated Documents referenced in the Terms & Conditions. Each <br />capitalized term used but not defined in this Order Form has the meaning given in the Terms & Conditions. <br />Order Details <br />Effective Date: 05/15/2022 <br />Initial Term End Date: 05/14/2023 <br />Initial Pricing Tier: Tier 2 <br />Billing Frequency: Annually <br />Payment Terms: Net 30 <br />SeM . Subject to the terms described in this Order Form, DebtBook will grant Customer access to the <br />Application Services during the Initial Term described above and, if applicable, each subsequent Renewal Term. <br />As part of the initial implementation and onboarding process, DebtBook will provide Customer with the <br />Implementation Services. DebtBook will also provide Customer with the Support Services throughout the Term. <br />jM. DebtBook will charge Customer (1) a one-time Implementation Fee for its initial Implementation Services <br />and (2) a recurring Subscription Fee for Customer's ongoing access to the Application Services and Support <br />Services. <br />Generally, DebtBook sets Fees using its standard pricing schedule for the Services based on the Customer's <br />applicable Pricing Tier, which is based on the total number and amount of debt and lease obligations <br />outstanding at the time of determination. The Initial Pricing Tier indicated above is based on Customer's good <br />faith estimate of its total number and amount of debt and lease obligations currently outstanding and will not <br />change during the Initial Term, regardless of (1) the actual number or amount of the Customer's debt and lease <br />obligations implemented as part of the Implementation Services or (2) any changes during the Initial Term to <br />Customer's debt and lease obligations. <br />Notwithstanding anything in Section 10(a) of the Terms & Conditions to the contrary, the Fees for any Renewal <br />Term will be determined based on the pricing schedule for each applicable Pricing Tier attached as Exhibit A <br />to this Order Form. <br />0IIIIn2. Unless otherwise provided in the Customer Terms, all Fees will be due and payable in advance on the <br />terms indicated above, and each invoice will be emailed to the Customer's billing contact indicated below. <br />Renewal Term. Notwithstanding anything in Section 10(a) of the Terms & Conditions to the contrary, the <br />Agreement may be renewed for no more than two successive 12-month Renewal Terms and only then at the <br />discretion of the Customer on terms mutually agreed upon in a written agreement executed by both parties. <br />The pricing tier applicable for each Renewal Term will be determined based on the aggregate number and <br />amount of the Customer's debt, lease, software, and other obligations relevant to the Application Services <br />outstanding at the time of renewal. <br />Termination. The Agreement is subject to early termination on the terms set forth in the Terms & Conditions. <br />Additional Customer Terms. The terms attached to this Order Form as Exhibit B constitute "Customer Terms" <br />for the purposes of the Agreement and are incorporated into this Order Form by this reference <br />Entire A"ment. By executing this Order Form, each party agrees to be bound by (1) this Order Form, (2) the <br />Terms & Conditions, (3) the Incorporated Documents, and (4) any Customer Terms. <br />
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