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The parties shall cooperate with each other in protecting their respective trade names, designs, trademarks and other <br />similar intellectual property rights from unauthorized use. <br />Section 6 TERM AND TERMINATION <br />6.1 TERM AND RENEWAL <br />This Agreement shall enter into force for a period of three (3) consecutive years from the date signed unless earlier <br />terminated in accordance with this Section b. <br />The contract shall be automatically renewed annually on the anniversary of the termination date above unless either <br />party gives the other party at least ninety (90) days prior written notice of its intent not to renew the Agreement. <br />6.2 TERMINATION <br />Should a party breach a material term and such breach remains uncorrected for thirty (30) days after receipt of a <br />written notice by the breaching party, the non -breaching party may, in addition to all other remedies available at law, <br />terminate this Agreement by providing written notice to the breaching party, without further obligation provided, <br />however, that if the nature of the breach is such that it cannot be reasonably cmed within such thirty (30) day period, <br />the breaching party will not be deemed in default of this Agreement so long as such party commences efforts to effect <br />a cure and is diligently pursuing such efforts. Provided, further, that if the breach is as a result of the non-payment of <br />any fee, the non -breaching party may terminate this Agreement if such breach remains uncorrected for ten (I 0) days <br />after the breaching party's receipt of notice of such breach. Within thirty (30) days after the tennination of this <br />Agreement. <br />Section 7 REPRESENTATIONS AND WARRANTIES <br />7.1 MUTUAL REPRESENTATIONS AND WARRANTIES <br />Each party represents and warrants to the other that: <br />i) it has the full corporate right and authority, and possesses all licenses, permits, authorizations and <br />rights to intellectual property, necessary to enter into and perform this Agreement; <br />ii) its entry into and performance of this Agreement do not and will not conflict with or result in a breach <br />or violation of any agreement or order by which it is bound; and <br />iii) this Agreement constitutes its legal, valid and binding obligations enforceable against it in accordance <br />with the terms of this Agreement. <br />Section. 8 DISCLAIMER, INDEMMFICATION AND LIMITATION OF LIABILITY <br />8.1 DISCLAIMER <br />EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, PAYBYPHONE DOES NOT MAKE, AND <br />HEREBY SPECIFICALLY DISCLAIMS, ANY REPRESENTATIONS OR WARRANTIES, EXPRESS OR <br />IMPLIED, REGARDING THE PAYBYPHONE MOBILE PAYMENT SERVICES INCLUDING ANY IMPLIED <br />WARRANTIES OF TITLE, MERCHANT ABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON - <br />INFRINGEMENT. CLIENT ACKNOWLEDGES THAT THE PAYBYPHONE MOBILE PAYMENT SERVICES <br />AND SERVICES FURNISHED BY PAYBYPHONE UNDER THIS AGREEMENT (INCLUDING, WITHOUT <br />LIMITATION, ANY SERVERS OR OTHER HARDWARE, SOFTWARE, APPLICATIONS AND ANY OTHER <br />ITEMS USED OR PROVIDED BY PAY13YPHONE OR ANY THIRD PARTIES IN CONNECTION WITH <br />PROVIDING ACCESS TO OR HOSTING ANY OF THE FOREGOING OR THE PERFORMANCE OF ANY <br />SERVICES BY PAYBYPHONE UNDER THIS AGREEMENT) ARE PROVIDED BY PAYBYPHONE "AS IS". <br />8.2 INDEMNIFICATION <br />Subject to Section 9.3, PayByPhone will protect, defend, indemnify and hold harmless the Client and the City of <br />Miami its officers, employees, volunteers, and agents from and any against any and all third party claims, actions, <br />Page 3 ofS <br />GAM 21-0073 <br />Exhibit 2 <br />Page 18 of 146 <br />