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$17,500 for each year of the optional renewal terms. The total not to exceed amount for the term of the Agreement <br />Including all optional renewals is $85,000. After the initial three (3) year period, BASIC may adjust fees, with a ninety <br />day (90) written notice, based on more than a two percent (2%) increase in administration for eligible membors. <br />Any unpaid fee shall be immediately due upon termination of this Agreement. <br />Each party agrees to maintain, on a confidential basis, all information that the other has designated as <br />confidential or proprietary ("Confidential Information") and will not disclose that Confidential Information to any third <br />party (except to consult with their respective attorneys or accountants) unless otherwise required by law; The <br />parties agree to use the Confldentlai Information to facilitate the performance or enforcement of this Agreement and <br />for no other purpose. <br />SECTION V: INDEMNIFICATION; COOPERATION <br />The Employer shall be solely responsible for FMLA compliance prior to the effective date of this Agreement <br />and shall hold BASIC harmless for any action or failure to act in accordanceWith FMLA prior to such effective date, <br />BASK will hold the Employer harmless for any action or failure made by BASIC. it shall not be responsible for any <br />action or failure caused by the Employer. <br />If an employee files any type of claim, lawsuit or charge against the Employer and/or BASIC, alleging a <br />violatlon(s) of law the Employer and BASIC will cooperate with the other's defense of such claim, lawsuit or charge. <br />The Employer and BASIC will make available to each other upon request any and all non -privileged documents that <br />either party has in its possession that relate to any such claim, lawsuit or charge. This provision, however, shall not <br />preclude the raising of cross claims or third -party claims between the Employer and BASIC, If the circumstances <br />justify such proceedings, The parties agree that this provision shall survive the termination of this Agreement. <br />SECTION VI: MISCELLANEOUS PROVISIONS <br />Each party represents and warrants to the other that execution of and the parties' performance of obligations <br />under this Agreement have been duly authorized by their respective entities and that this is a valid and legal <br />Agreement that Is binding on each party and enforceable in accordance with Its terms. <br />Each provision in this Agreement is separate. If any provisions of this Agreement are ever held by a court <br />to be unreasonable, the Parties agree .that this Agreement shall be enforced to the extent it is deemed. to be <br />reasonable and in such a manner as to make this Agreement, as modified, legal and enforceable under applicable <br />laws, and the balance of this Agreement shall not be affected, the balance being construed as severable and <br />independent. <br />Either party's failure to exercise or delay In exercising any power or right under this Agreement shall not <br />operate as a waiver, or shall any single or partial exercise of any such right or power preclude any other or further <br />exercise thereof or the exercise of remedies otherwise available in equity or at law. <br />BASIC will provide evidence of errors and omissions or professional liability insurance coverage to <br />Employer in the amount of $1,000,000 per occurrence and $1,000,000 of cyber liability insurance coverage prior to <br />the start of work pursuant to this Agreement, BASIC will maintain such insurance coverages throughout the term <br />of this Agreement and will provide evidence of such coverages upon reasonable request and when renewed. <br />Failure to maintain Insurance coverages is cause for immediate termination of said Agreement. <br />This Agreement may be executed in one or more counterparts, each of which will be deemed to be an <br />original but all of which together will constitute one and the same Instrument. <br />Without written consent of the other party, neither this Agreement nor any of its benefits or obligations is <br />assignable. <br />For purposes of this agreement, a signed copy delivered by facsimile or electronically shall be treated by <br />the parties as an original of this agreement and shall be given the same force and effect. <br />An electronic signature captured within a software system will result in a legally binding contract under <br />applicable state law. <br />This Agreement shall be governed by and interpreted in accordance with California law. <br />