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Last modified
6/24/2024 3:21:59 PM
Creation date
4/19/2024 10:06:20 AM
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Contracts
Company Name
NAYAX
Contract #
N-2024-135
Agency
Library
Expiration Date
4/15/2025
Insurance Exp Date
6/6/2025
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WNAYAX <br />Attending to the Unattended <br />Exhibit A <br />NAYAX Clearing Agreement <br />Company: City of Santa Ana (the"Customer") <br />WHEREAS, NAYAX LLC ("NAYAX") has sold to the Customer a NAYAX remote unit (such unit, a "NAYAX Unit") enabled to connect to <br />NAYAX's central server; and WHEREAS, concurrently with the execution of this agreement, the Customer has executed the Nayax <br />Service Agreement ("Service Agreement"); <br />NOW, THEREFORE, the parties have agreed as follows: <br />1. Clearing Processing Services— NAYAX hereby agrees to provide to the Customer with certain cashless financial services utilizing <br />the NAYAX unique telemetry cashless payment platform, solely in connection with the Customer's vending equipment that is <br />equipped with a NAYAX Unit enabled to connect to NAYAX's Central Server ("Equipment"). Customer acknowledges and agrees <br />that (a) some or all of the services provided by NAYAX hereunder may be performed by another member of the NAYAX group of <br />companies on behalf of NAYAX, and (b) in providing processing and clearing services hereunder NAYAX is acting as agent of <br />Heartland payment systems and reference to NAYAX performing such services hereunder shall be understood in such light. <br />2. Credit Card Transaction Processing Services & Associated Fees — the Customer hereby appoints NAYAX as sole and exclusive <br />agent on behalf of the Customer, in connection with the processing of all card transactions (including but not limited to <br />transactions via credit, debit and prepaid cards) in connection with the Equipment. With respect to each transaction, the <br />Customer shall pay such processing fee (consisting of a percentage of the applicable gross and convenience fee of cashless <br />revenue) as specified in Schedule 1 attached hereto in addition to any applicable VAT, sales tax, use tax or similar tax (the <br />"Processing Fee"). NAYAX shall be entitled to change the Processing Fee on 30 days prior written notice to the Customer, <br />provided that upon receipt of such notice the Customer may, within such 30 days period, terminate this Agreement by written <br />notice to NAYAX without liability therefor. <br />3. Pre -Authorization — The Customer agrees that for each cashless transaction, the relevant card will be submitted to the card <br />processor for card validation and transaction authorization. The Customer acknowledges that the card processor may decline any <br />such transaction and that in such case NAYAX shall not continue with the clearing of the transaction. <br />4. Allocation of Risk— The Customer agrees that with respect to any transaction that clears but is subsequently declined by the card <br />processor for non -sufficient funds or other reasons, the risk of the associated loss of vended product, settlement funds, <br />Processing Fee or any other fee related to such transaction shall be assumed in its entirety by the Customer. NAYAX may deduct <br />any relevant amounts from the amount of net revenues to be tendered to the Customer on a monthly basis, or may charge the <br />Customer separately therefor. <br />S. Settlement and Payment of Processing Fee — NAYAX shall render a weekly statement to the Customer during the term of this <br />Agreement. Such statement shall detail the net revenues resulting from the processing of transactions from the use of the <br />Equipment and due to the Customer. Every week, NAYAX shall pay the Customer such net revenues , less (a) the amount of any <br />refunds, (b) the Processing Fee, (c) any chargeback from the credit card processor, (d) any amounts incurred for fraudulent <br />transactions, (e) any relevant bank charges, (f) any amounts required to be withheld by NAYAX pursuant to law and (g) any other <br />amounts due to NAYAX, including but not limited to any accounts receivable to NAYAX, activation fees, fees under the Service <br />Agreement, or the processor hereunder or by law. The Customer acknowledges and agrees that the aforesaid statement may be <br />rendered to it by the member of the NAYAX group of companies performing the services on behalf of NAYAX, and that in such <br />case all references to NAYAX in this Section shall be deemed to refer to such entity. <br />6. General - the provisions of Sections 3-15 of the Service Agreement shall be deemed incorporated herein by reference. <br />Attachments: <br />Schedule 1— Fee Agreement Form <br />Schedule 2- Direct Deposit (ACH) Agreement Form <br />AlVa2ill VutJ$L ALVI j,NUN' �1[TINC7 GiTY �1l�rl(Y�EK' <br />SIGNATURE PRINTED NAME DATE TITLE <br />Nayax I Executive Plaza 1, 11350 McCormick Rd, Ste 1004, Hunt Valley MD, 21031 1 410-666-3800 1 us@navax.com <br />
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