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SECTION FOUR <br />TERMS OF PAYMENT <br />a. Licensee will pay JDI a Compliance Record Credit of $10.00 per Active <br />Compliance Record for each period of 365 days the Compliance Record is active. <br />b. An Active Compliance Record is defined as a unique combination of an Insured <br />with a Risk Profile where the compliance process has been activated. <br />c. The Compliance Record Credit will apply to all actions (automated or otherwise) <br />and document uploads for a period of 365 days from the date the Compliance <br />Record was activated. <br />d. If the Compliance Record remains active 366 days from the date it was activated, <br />a cost of $10.00 will be applied that will cover the next 365 days of activity. This <br />process will repeat as long as the Compliance Record remains active. <br />Licensee will pay JDI $10 each for 900 Compliance Record Credits upon <br />execution of this agreement. These credits will be applied as the Licensee <br />creates active Compliance Records. <br />f. Licensee will pay JDi $750 for onboarding for the first year of this License <br />Agreement. <br />g. Licensee will be invoiced monthly. The invoice will show the number of credits <br />remaining. No additional fees will be due until the prepaid credits listed in section <br />4e have been exhausted. <br />h. Unless otherwise stated, all prices are exclusive of state and local use, sale, and <br />similar taxes. Any applicable taxes will be paid by Licensee. Taxes will appear as <br />separate additional items on JDI's invoices unless Licensee provides JDI with a <br />valid tax exemption certificate acceptable to the taxing authorities. <br />i. Licensee will be provided with unlimited user licenses during the duration of this <br />agreement. <br />j. The compensation approved for the term of this Agreement will not exceed twelve <br />thousand ($12,000.00) dollars, <br />SECTION FIVE <br />PROPRIETARY RIGHTS WARRANTY AND INDEMNITY <br />JDI shall defend or settle, at its own expense, any claim, cause of action or <br />proceeding brought against Licensee that is based on a claim that the use of the <br />Software infringes or violates any patent, copyright, trade secret or other <br />proprietary right. JDI shall indemnify and hold Licensee harmless against all <br />damages, judgments, and attorneys' fees arising out of the foregoing, provided that <br />Licensee gives JDI prompt written notice of such claim. <br />