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PSA - Neutron Holding, Inc. dba LimeBike - Bike Share Services
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PSA - Neutron Holding, Inc. dba LimeBike - Bike Share Services
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3/31/2025 9:45:47 AM
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7/11/2017 3:01:25 PM
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Board of Public Works
Document Type
Projects
Document Date
7/11/2017
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other interested parties invited by the City, including an advisory committee comprised <br />of members selected by the City, in a consultation (by in -person meeting or other <br />mutually agreeable format) concerning the planning, implementation, and continuation <br />of the bike sharing program and other matters of mutual interest. <br />12. Relationship; No Joint Venture. LimeBike shall at all times be an independent contractor <br />of the City, and none of LimeBike's employees will be considered employees of the City. <br />No act or omission to act by LimeBike shall bind or obligate the City. The City and <br />LimeBike hereby renounce the existence of any form of joint venture or partnership, and <br />nothing herein contained shall be in any way construed as expressing or implying that <br />the parties hereto have joined together in any joint venture or partnership or in any <br />manner have agreed to or are contemplating the sharing of profits and losses among <br />themselves in relation to any matter relating to this Agreement. <br />13. Term. The initial term of this Agreement shall commence on the Effective Date and <br />shall expire on the date that is three (3) years after the Effective Date (the "Initial <br />Term"), unless earlier terminated in accordance with the terms of this Agreement. <br />Upon the expiration of the initial term, this Agreement will automatically renew for an <br />additional one-year term on each succeeding anniversary of the Effective Date, unless <br />earlier terminated in accordance with the terms of this Agreement. <br />14, Termination. This Agreement may be terminated at anytime during or after the Initial <br />Term (a) upon delivery of written notice from City to LimeBike terminating this <br />Agreement for any reason, or for no reason, by giving at least sixty (60) days' notice to <br />LimeBike of such termination, or (b) upon delivery of written notice from LimeBike to <br />City terminating this Agreement or any reason, or for no reason, by giving at least one <br />hundred eighty (180) days' notice of such termination. <br />15. Amendment. This Agreement may be amended by mutual agreement of the parties. <br />Such amendments shall only be effective if incorporated in written amendments to this <br />Agreement and executed by duly authorized representatives of the parties. <br />16. Applicable Law and Venue. The laws of the State of Indiana shall govern the <br />interpretation and enforcement of this Agreement. <br />17. Counterparts. This Agreement may be executed simultaneously or in any number of <br />counterparts, each of which shall be deemed an original, but all of which together shall <br />constitute one and the same agreement. <br />18. Entire Agreement. This Agreement sets forth the entire agreement and understanding <br />between the parties as to its subject matter and merges and supersedes all prior <br />discussions, agreements, and understandings of the parties. <br />19. Non -Collusion. LimeBike will execute and submit to the City with this Agreement an <br />affidavit in the form attached hereto as Exhibit B concerning non -collusion and other <br />matters. The terms of said affidavit are hereby incorporated into this Agreement, and <br />LimeBike agrees to adhere to the same. <br />4 <br />
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