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EXHIBIT 1 <br />3. TERM <br />This Agreement shall commence on the date first written above and terminate on September 30, <br />2015, unless terminated earlier in accordance with Section 12, below. <br />4. INDEPENDENT CONTRACTOR <br />Consultant shall, during the entire term of this Agreement, be construed to be an independent <br />contractor and not an employee of the Authority. This Agreement is not intended nor shall it be construed <br />to create an employer- employee relationship, a joint venture relationship, or to allow the Authority to <br />exercise discretion or control over the professional manner in which Consultant performs the services <br />which are the subject matter of this Agreement; however, the services to be provided by Consultant shall <br />be provided in a manner consistent with all applicable standards and regulations governing such services. <br />Consultant shall pay all salaries and wages, employer's social security taxes, unemployment insurance and <br />similar taxes relating to employees and shall be responsible for all applicable withholding taxes. <br />5. INSURANCE - RESERVED <br />Due to the nature of the services provided hereunder, insurance is not required. <br />6. INDEMNIFICATION <br />Each party agrees to and shall indemnify and hold harmless the other party, its officers, agents, <br />employees, consultants, special counsel, and representatives from liability: (1) for damages, just <br />compensation, restitution, judicial or equitable relief arising out of third party claims for personal bodily <br />injury, including health, and claims for tangible property damage, which may arise from the direct or <br />indirect operations of the indemnifying parry or its contractors, subcontractors, agents, employees, or <br />other persons acting on their behalf, and (2) from any third party claim that damages, just compensation, <br />restitution, judicial or equitable relief is due by reason of the terms of or effects arising from this <br />Agreement. This indemnity and hold harmless agreement applies to all third party claims for damages, <br />just compensation, restitution, judicial or equitable relief suffered, or alleged to have been suffered, by <br />reason of the events referred to in this Section or by reason of the terms of, or effects, arising from this <br />Agreement. <br />7. CONFIDENTIALITY <br />If Consultant receives from the Authority information which due to the nature of such <br />information is reasonably understood to be confidential and/or proprietary, Consultant agrees that it shall <br />not use or disclose such information except in the performance of this Agreement, and further agrees to <br />exercise the same degree of care it uses to protect its own information of like importance, but in no event <br />less than reasonable care. "Confidential Information" shall include all nonpublic information. <br />Confidential information includes not only written information, but also information transferred orally, <br />visually, electronically, or by other means. Confidential information disclosed to either party by any <br />subsidiary and/or agent of the other party is covered by this Agreement. The foregoing obligations of <br />non -use and nondisclosure shall not apply to any information that (a) has been disclosed in publicly <br />available sources; (b) is, through no fault of the Consultant disclosed in a publicly available source; (c) is <br />in rightful possession of the Consultant without an obligation of confidentiality; (d) is required to be <br />disclosed by operation of law; or (e) is independently developed by the Consultant without reference to <br />information disclosed by the Authority. <br />