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Postcards Presort $0.00 0% <br />In the event the readability of Client's mail (or a specific mail type or job) has degraded and Client has not been <br />successful in restoring the readability as provided in paragraph 6.4 of this SOW, PBPS may revise the ADM Fee <br />and/or applied percentage upon fifteen (15) days advance written notice. The revised MRM Fee will be applied to a <br />percentage of Client's mail representing the Exception Mail, as determined by the most recent readability report <br />attached to the notice. If Client has taken steps to improve the mail readability, Client may request a more recent <br />readability report be used to determine the Exception Mail percentage applied, <br />2.4.2 IMb Down rg ade: If Client pre-barcodes its mail with a barcode that is not Full Service IMb compliant or <br />presents mail on which PBPS cannot print a Full Service IMb, Client may be charged an IMb Downgrade based <br />upon any penalties, postage assessments or forfeiture of discounts (collectively, "Downgrade") which may be <br />imposed by the USPS on PBPS, based upon PBPS' calculation of Client's pro-rata share of such non -compliant <br />mail. <br />2.5 Default Pricing Terms. Upon any Event of Default (paragraph 8 of the Agreement) by Client for failure to make <br />timely payment of invoices or required postage payments, PBPS may elect to continue processing Client's mail, but <br />will no longer accept any permit mail or meterany mail on behalf of Client, and Client will pre -meter all of its mail. <br />Any mail that has not been metered will be returned to Client. Further, Client shall not pre -meter First Class mail <br />at�the rates specified above, and instead shall pre -meter all First Class mail at the then -current Presort Rate. PBPS <br />will rebate back to Client the difference between the Presort pre -metered rate and the contract pricing herein for mail <br />processed' at the Presort rate, after setting off against such rebate amount any sums thenduefrom Client to PBPS <br />pursuant to this Agreement. If Client fails to pre -meter the mail at the Presort rate, PBPS may pursue other options <br />as permitted under the Agreement. <br />Page 6 of 10 <br />Proprietary and Confidential Information.- -- <br />PBPS Contract Management — Rev Oct2018 <br />