ADVANCED TECHNOLOGY INFORMATION MANAGEMENT SYSTEMS (ATIMS) -2012

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4. TERM AND TERMINATION The term of this Agreement shall commence on the Effective Date, and continue for a period of five (5) one -year periods based on system cutover date. The Agreement will be renewed upon the City's annual payment of Support and Maintenance Fees as set forth in Section 5, below. After the initial contract period either party may terminate this Agreement providing sixty (60) day written notice to the other party. In the event the other party fails to perform its obligations under this Agreement, and such default is not cured within thirty (30) days after receipt of such written notice, the non - defaulting party may terminate by sending ten (10) day written notice to the defaulting party. 5. FEES AND INVOICES. The License provided pursuant to Section 1, above, and Installation services shall be included in the Year 1 ATIMS Maintenance, Integration and Interface services fee, as set forth in Section 5. 1, below. 5.1. Annual Support and Maintenance Fees: The Annual Support and Maintenance fees are described in the table below. The first year payment includes the License fee for the license described in Section 1, above, and installation services as set forth in Section 2, above. The Year 1 fee shall be due on the following schedule: • 40% due on the signing of this contract; • 15% is due on installation of the test database (Addendum A, Task 3.1 a); • 15% due on installation of production database (Addendum A, Task 3.1 b); • 10% on delivery of Training (Addendum A, Task 3.3) • 15% on System Cutover (Addendum A, Task 3.4). This date becomes the anniversary date for payments due thereafter. • 5% on System Documentation (Addendum A, Task 3.5). 1 ATIMS Maintenance, Integration, and Interface services. $ 105,000 2 ATIMS Maintenance and Integrations services. $ 87,000 3 ATIMS Maintenance Fee $ 57,000 4 ATIMS Maintenance Fee $ 66,780 5 ATIMS Maintenance Fee $ 66,780