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POSITRON -2004
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POSITRON -2004
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Last modified
3/23/2017 8:46:28 AM
Creation date
1/9/2006 5:04:16 PM
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Template:
Contracts
Company Name
Positron
Contract #
A-2004-229
Agency
Police
Council Approval Date
10/18/2004
Insurance Exp Date
12/31/2200
Notes
PER LAURA SHEEDY IPC IS FOR POSITRON. SHE WILL REQUEST LETTER FOR FILE AFFIRMING THIS.
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<br />the duration of as well as after termination of this Agreement. unless otherwise expressly agreed upon <br />between the Parties. <br /> <br />~ <br /> <br />Section 4: Licensor Representatioll'i <br /> <br />During the term of this Agreement, Licensor a) declares and ensures that the Escrow Deposit is <br />Licensor's physical or intellectual property and that Licensor possesses all rights to this material <br />necessary for fulfillment of its obligations under this Agreement including the right to make copies, to <br />distribute and to use the Escrow Deposit and b) grants to SourceHarbor the nonMexclusive, non- <br />transferable right. unlimited in scope, but limited in time to the duration of this Agreement, to make use <br />of the media and/or materials that are part of the Escrow Deposit in the context of this Agreement, in <br />particular to transfer the Escrow Deposit to Licensee in the occurrence of a Release Event, to copy the <br />Escrow Deposit and to take other actions of a real or legal kind with regard. to the Escrow Deposit as are <br />necessary or sensible to the fulfillment of the obligations of SourceHarbor as described in this Agreement. <br /> <br />Section 5: Fees <br /> <br />5.1 Paying Party: The costs of services provided by SourceHarbor in the context of this Agreement will <br />be paid as follows: <br />One-time setup fee paid by Licensor. <br />Annual maintenance fee paid by Licensee. <br /> <br />5.2 Payment Terms: Licensor or Licensee has the right, on behalf of the other Party, to make payment to <br />SourceHarbor for the cost incurred, so to relieve a debt. SourceHarbor shall not be required to perform <br />any service under this Agreement unless the payment for such service and any outstanding balances owed <br />to SourceHarbor are paid in full. The fees for services rendered by SourceHarbor on the basis of this <br />Agreement are calculated according to the SourceHarbor fee schedule in effect at that time. <br /> <br />Section 6: Confidentiality <br /> <br />\... <br /> <br />Except as provided in this Agreement, SourceHarbor shall not disclose, copy, make available, release or <br />use the Escrow Deposit. Should Licensee receive the Escrow Deposit under this Agreement, Licensee <br />shall not disclose the Escrow Deposit to any third party. If SourceHarbor receives a subpoena or any <br />other order from a court or other government agency of competent jurisdiction related to the Escrow <br />Deposit, SourceHarbor shall promptly provide the Parties with a copy of such subpoena or order. <br />SourceHarbor shall have no obligation whatsoever to challenge any such subpoena or order and shall <br />have no liability to any Party related to SourceHarbor's compliance with any subpoena, order or <br />instruction from a court or other government agency. <br /> <br />Section 7: Inception and Term <br /> <br />This Agreement commences upon the date entered at the beginning of this Agreement. This Agreement <br />is initially in effect for one (1) year after the date of commencement. Afterwards its term is automatically <br />renewed for successive one-year terms, unless SourceHarbor or Licensor with Licensee's mutual consent <br />object by written notification to the Parties within ninety (90) days prior to the end of the initial term or <br />ninety (90) days prior to the end of any subsequent one.year term. <br /> <br />.. Section 8: Consequences of Termination <br /> <br />8.1 Termination Due to Release: This Agreement terminates automatically upon release of the Escrow <br />Deposit unless the Parties agree otherwise. <br /> <br />Page 4 <br /> <br />SourceHarbor HarborTech Escrow Agreement <br />~ 2005 Source Harbor, Inc. 112005. AU Rights Reserved. <br /> <br />~ <br /> <br /> <br />~ <br />
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