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8. Term and Termination,. <br />The initial term of this Agreement shall be for one year from the Effective Date. After expiration of <br />the initial term, Customer's Services included in this Agreement shall automatically renew for <br />successive one-year periods (the initial term and each renewal term, a "Term") unless either party <br />provides written notice of non -renewal at least 60 days prior to commencement of the applicable <br />renewal term. The costs for Services in this agreement will increase by 3% (three percent) each year. <br />The parties will work in good faith to allow for each party to unwind this relationship if termination <br />occurs. <br />a. Termination by FASTER <br />FASTER shall have the right, upon notice to Customer, to terminate this Agreement if: (a) <br />Customer fails to pay FASTER any amount due hereunder and such failure to pay is not cured <br />within 30 days following FASTER's notice to Customer of such breach; (b) Customer materially <br />breaches any term or condition of this Agreement, provided such breach is not cured by <br />Customer within 30 days following FASTER's notice to Customer of such breach; or (c) Customer <br />(i) terminates or suspends its business activities; (ii) makes an assignment for the benefit of <br />creditors, or becomes subject to direct control of a trustee, receiver or similar authority; or (iii) <br />becomes subject to any bankruptcy or insolvency proceeding under federal or state statutes. <br />b. Termination by Customer <br />The Customer shall have the right to terminate this Agreement at any time, for any reason, <br />including non -appropriation of funds, without incurring additional costs or damages, upon 30 <br />days' written notice to FASTER. However, the Customer will be required to pay for all services <br />performed by FASTER prior to receipt of the written notice of termination under this paragraph. <br />9. General Terms. <br />a. Agreement Modifications <br />This Agreement can be modified only by a written agreement duly executed by persons <br />authorized to sign agreements on behalf of Customer and of FASTER. Any variance from the <br />terms and conditions of this Agreement in any order or other written notification from the <br />Customer will be of no effect. <br />b. Entire Agreement <br />This Agreement constitutes the entire agreement among the parties, and any prior <br />understanding or representation of any kind preceding the date of this Agreement shall not be <br />binding on any party except to the extent incorporated in this Agreement. <br />c. Indemnification. FASTER agrees to defend, indemnify, and hold harmless the Customer and its <br />employees and agents from any and all claims of any nature which arise from the performance <br />by FASTER under this Agreement and from all costs and attorney fees in connection therewith, <br />except for claims arising out of the negligence of the Customer and its employees and agents. <br />The obligations under this section shall survive the termination of this Agreement. <br />