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<br />-P <br /> <br />p~RKeon <br />..9-: <br />~.........~ <br /> <br />7.6 Parkeon may also tenninate the Agreement with immediate effect by serving written notice if due and payable amounts are not paid within sixty (60) <br />Business days of the due date. <br /> <br />8. CONFIDENTIALITY <br /> <br />8.1 Confidential infonnation is defined herein as including any and all proprietary and/or intellectual property infonnation, material, know-how or data relating <br />to the parking meter system, whether written, graphic, verbal or in electronic readable or any other form, furnished directly or indirectly to the City by <br />Parkeon or any of its associates, employees or agents. <br /> <br />8.2 All information disclosed under this Agreement by the Customer remains the property of the Customer and shall be treated as confidential, except as other <br />provided by the Florida public records law. <br /> <br />8.3 PARKEON undertakes to take all necessary security measures to prevent and avoid such infonnation being published or disclosed. All such infonnation <br />shall not be disclosed to any third party without the written consent of the Customer and shall be disclosed by P ARKEON within its own organisation on a <br />need to know basis. <br /> <br />8.4 P ARKEON undertakes to restrict its use of such infonnation to the purpose of this Agreement and shall ensure that all persons to whom such infonnation is <br />made available are aware of its confidential nature and comply with the terms and conditions of this article. <br /> <br />8.5 Upon tennination of this Agreement, P ARKEON shall securely dispose of all infonnation received and shall make no further use of it. The tennination shall <br />not serve to release P ARKEON from its obligations regarding confidentiality that shall remain in force for a period of five (5) years after the date of <br />tennination. <br /> <br />9. INTELLECTUAL PROPERTY <br /> <br />9.1 The Customer agrees that alllntellectual Property Rights, confidential kllow-how, tools, methods, skills, trade secrets, graphics, logos and trade names used <br />by PARKEON in perfonning its obligations under this Contract ("lntellectual Property Rights") are, and will remain, the property of PARKEON (or the <br />third party who has granted PARKEON the right to use them) and nothing in this Contract or PARKEON's performance of it will be deemed to transfer to <br />the Customer any such lntellectual Property Rights of PARKE ON or any third party, <br /> <br />9.2 P ARKEON shall defend or, at its option, settle any claim or action brought against the Customer alleging that the use of the Services as provided under the <br />Contract and as used within the scope of the Services granted to the Customer, infringes the lntellectual Property Rights of a third party, provided that (i) this <br />infringement claim is not attributable (a) to a use other than in accordance with the Contract of whether the use is in combination with any service(s) not <br />furnished by P ARKEON, or (b) to the use of a non-current release of the Software and that (ii) the Customer gives reasonable notice and cooperation to <br />PARKEON in connection with the defence of such claim, makes no admission or settlement in respect of such claim and that PARKEON directs and <br />controls such defence. <br /> <br />10. LIABILITY AND WARRANTY <br /> <br />10,1 This clause sets out the entire legal and financial liability of P ARKEON (including any liability for the acts or omissions of its employees, agents, <br />consultants and subcontractors) to the Customer in respect of any claims relating to (i) any breach of this Agreement (ii) any use made by the Customer of <br />the Services or (ii) any representation, statement or tortuous act or omission (including negligence) of P ARKEON arising under or in connection with this <br />Contract. <br /> <br />10.2 Notwithstanding any other provision of this Agreement or rule of law or statutory provision, in no event PARKEON shall be liable to the Customer whether <br />in tort, contract, innocent misrepresentation or in any other legal theory, for (i) any special, indirect, incidental or consequential loss, costs, damages, charges <br />or expenses; or (ii) loss of profits, or (iii) loss of business, contracts, business opportunities; or (iv) loss of income, anticipated savings; or (v)damage to <br />reputation or (vi) loss of anticipated savings or (vii) loss or corruption of data or infonnation; or (viii) any degradation which occurs in relation to the <br />network or associated software or hardware of the Customer as a result of the perfonnance of the Services. <br /> <br />10.3 PARKEON shall not be liable for any failure arising from the Telecommunication Network or any product or service supplied by a third party, PARKEON <br />does not warrant that the Telecommunication Network will be fault free or free of interruptions, <br /> <br />10.4 Data is saved in accordance with current data protection and back up standards, However, complete security cannot be guaranteed. In the event of data loss <br />or data errors, P ARKEON shall not be held liable unless this was the result of gross negligence. <br /> <br />10.5 As far as allowed by law, PARKEON will not be held liable for any direct, indirect and/or consequential damages, consecutive or not, resulting to the <br />Customer from attempted fraud, trespass, misappropriation, malfunction of a third party system, acts or omissions of a third party, infiltration or disruption <br />of P ARKEON services by a third party by any means, including without limitation, DDoS attacks, software viruses, Trojan horses, worms, time bombs or <br />any software programs or technology designed to disrupt or delay the Parkeon's services or other catastrophes or any other occurrences which are beyond <br />such Parties' reasonable control. <br /> <br />10.6 PARKEON's maximum aggregate liability in contract, for damages arising out of or relating to this Agreement, is limited to amount equivalent to the sum of <br />PARKEON fees paid by the city under this agreement. <br /> <br />10.7 PARKEON makes no warranty express or implied that all security threats and breaches and vulnerabilities will be detected, PARKEON may be required to <br />reduce or suspend Services for a limited period to enable technical or maintenance operations to be improved, upgraded or conducted or to avoid an <br />imminent threat of material harm to P ARKEON or to anyone else and it will use best effort to minimize any inconvenience to the Customer caused by such <br />reduction or suspension of Services, <br /> <br />10,8 Subject to the limitations set forth in Section 768.28, Florida Statutes, nothing in this Agreement excludes the liability of one party (i) for death, personal <br />injury or property damage caused by negligence; or (ii) for fraud or fraudulent misrepresentation. <br /> <br />10.9 Parkeon shall indemnifY, hold harmless, and defend at their sole cost and expense, the City including its officers, employees and agents, from and against <br />any and all claims for damages, costs, third party claims, judgments and expenses to persons or property that may arise out of, or be occasioned by, and <br />negligent, reckless or intentional act or omission of Parkeon, or any negligent, reckless or intentional act or omission of Parkeon's officers, employees or <br />agents, and Parkeon shall indemnifY the City against any such claims and any judgments that may be entered in connection therewith, including court costs <br />and attorney's fees. . <br /> <br />2011 7 11 Services A reement Final.doc <br /> <br />Paraphs: <br />