25E - AGMT - FINANCIAL SYS SRVS - Laserfiche WebLink

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Support Term: 6/1/2017 ( "Start date ") to 5/31/2020 Support Commitment: The Support Term specified herein is a binding term, and neither party may exercise any rights of non - renewal or cancellation for convenience so as to terminate Support prior to the end of such Support Term, If Licensee fails to pay Infer any portion of the Total Support Fee when due, then, in addition to other remedies Infer may exercise, Licensee shall Immediately be Invoiced for, and shall be obligated to pay to Infor, as liquidated damages, the Total Support Fee, as Increased by the Annual Escalation Percentage Cap, less any portion of the Total Support Fee previously paid (the "Damages "). If such amount Is not paid within fifteen (15) days of invoice, Infer shall have no further obligation to provide Support, and the Licensee shall remain fully obligated to pay the Damages. On the last day of the Support Term, Support will automatically renew for successive twelve -month periods (the "Renewal Period ") unless either party provides written notice to the other party of non - renewal at least sixty (60) days prior to the commencement of the Renewal Period. Payment Schedule: $208,48$.67 (plus applicable taxes) is due no later than 5/1/2017 $214,740.24 (plus applicable taxes) is due no later than 5M12018 $221,182.45 (plus applicable taxes) is due no later than 511/2019 Invoice Address: City of Santa Ana 20 Civic Center Plaza Santa Ana, CA 92702 Other fees: 0.00 Total Amount Due (before applicable taxes): $644,408.35 Currency: USD Contact name: Milanka Radio Contact Title: Contact Tel: 714.647.5256 Contact Email: mradic @santa- ana.org Account ID: 2149 -L THE PARTIES have executed this Addendum through the signatures of their respective authorised representatives. Infor (US), Inc. City of Santa Ana Signature Signature Name: Name: Gerardo Mouet Title: Title: Acting City Manager Date: Date: 25E -4