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• <br /> including machine time,operating personnel travel,food,lodging and a reasonable per diem fee <br /> for the attendance of all the Parties attending at the inspection. <br /> (f) If the contents of the container are determined not to be as purported,then the Licensor shall pay <br /> all of the costs named above and shall also forthwith deliver to the Escrow Agent a copy of the <br /> authentic software as purported on the Licensor's certification,and the Licensee may first verify <br /> that the same are authentic. <br /> 9. REPRESENTATION <br /> The Licensor and Licensee represent that the Software does not require any special storage or environment <br /> other than normal office environment. <br /> 10, DUTIES OF ESCROW AGENT <br /> (a) The Escrow Agent shall store the sealed containers In a safe and secure location of its own <br /> choosing. <br /> (b) The Licensor may direct the Escrow Agent to store the sealed containers in a location selected by <br /> the Licensor, In which event the Escrow Agent shall comply with such direction provided that <br /> access to the location is under the Escrow Agent's exclusive control and the additional fees <br /> described under Section 11(1)by the Escrow Agent in using the site are paid by the Licensor. <br /> (c) The Escrow Agent shall exercise reasonable Judgment in the handling of the Software in event of <br /> a dispute and shall not be liable to either party except for grossly or deliberately negligent conduct. <br /> (d)-The Escrow Agent shall not be required to perform any of its obligations if any fees or charges are <br /> outstanding,and the Escrow Agent may elect to receive payment thereof from any party. <br /> (e) The Escrow Agent shall not be required to do any act if doing so would violate a court order or <br /> arbitrator's ruling. <br /> 11. FEES,CHARGES AND TERM <br /> The Licensor shall pay to the Escrow Agent the following fees and charges: <br /> (a) An annual fee of$975.00 payable upon execution by the Licensor and Licensee of this agreement <br /> and on each anniversary date thereafter unless earlier terminated by either party. <br /> (b) This agreement shall continue thereafter on a yearly basis unless terminated by either party by <br /> giving the other at least thirty(30)days written notice prior to any anniversary date. <br /> (c) Respecting each issued standard size container a fee of$90.00 per year or part year payable on <br /> the anniversary date of this agreement. <br /> (d) Respecting each notice in writing sent by the Escrow Agent a fee of$40.00 payable on receipt of <br /> Invoice. <br /> (e) Respecting the return or destruction of each container held in escrow a fee of$65.00 per container <br /> payable on receipt of invoice. <br /> (f) Respecting all expenses incurred by the Escrow Agent for media, copying,shipping or special <br /> storage requested by either the Licensor or Licensee a charge and a handling fee for such amounts <br /> disbursed due and payable on receipt of invoice. <br /> (g) Respecting any attendance made by the Escrow Agent in carrying out its obligation under this <br /> agreement or related thereto,travel,lodging and legal representation expenses incurred if any <br /> plus the then current per diem attendance fee payable on receipt of Invoice. <br /> (h) The Escrow Agent may resign at the end of any year provided that it has delivered at least thirty <br /> (30)days prior written notice to the Licensor and Licensee to find a replacement. <br /> (I) The fees above shall be in force for a period of one year. Thereafter the Escrow Agent may alter <br /> the fees provided that any increase is part of a general fee increase. <br /> 12. DEFAULT iN PAYMENT <br /> Pare4of L3 <br /> TPA Cwie}d 1974.2014 LI:MI A-PARRY SOF7ESCROYJ,U . <br /> 5 uP-iPS.SS7n sturocmc4292o'4 <br /> we sf{Xwxxm t,mecon <br />