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Amendment No 2 to Data Sharing Agreement - Continued Use & Support of Data Co – Abernethy Schwartz Partners LLC
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Amendment No 2 to Data Sharing Agreement - Continued Use & Support of Data Co – Abernethy Schwartz Partners LLC
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3/22/2022 4:14:20 PM
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Board of Public Works
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Contracts
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3/22/2022
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Master License Agreement Page 16 of 16 <br />b.BlueConduit Intellectual Property. The Parties acknowledge that BlueConduit may use <br />preexisting proprietary computer software, methodology, techniques, software libraries, tools, <br />algorithms, materials, products, services, training, ideas, skills, designs, know -how or other <br />intellectual property owned by BlueConduit or its licensors, and BlueConduit may also create <br />additional intellectual property based thereon, in the performance of the Consulting Services (all of <br />the foregoing, the “BlueConduit Intellectual Property”). BlueConduit shall maintain all ownership, <br />rights, and title to its BlueConduit Intellectual Property. Licensee agrees that all proprietary rights <br />to the BlueConduit Intellectual Property, as it existed as of the date hereof and as it may be modified <br />or created in the course of providing the Consulting Services, including patent, copyright, <br />trademark, and trade secret rights, to the extent they are available, are the sole and exclusive <br />property of BlueConduit, free from any claim or retention of rights thereto on the part of Licensee, <br />and Licensee hereby assigns to BlueConduit any rights it may have or obtain in any of the <br />foregoing. Licenses to BlueConduit Software shall be covered under the terms of an Order <br />Schedule. <br />5.INSURANCE <br />a.BlueConduit shall maintain sufficient insurance coverage to enable it to meet its obligations created <br />by this Agreement and by law. Without limiting the foregoing, to the extent this Agreement creates <br />exposure generally covered by the following insurance policies, BlueConduit shall maintain, at its <br />expense, at least the following insurance: (a) Commercial General Liability including (i) bodily <br />injury, (ii) property damage, (iii) contractual liability coverage, and (iv) personal injury, in an amount <br />not less than one million dollars ($1,000,000) per occurrence; (b) Business Automobile Liability for <br />hired and non-owned vehicles in an amount not less than one million dollars ($1,000,000) for each <br />accident; (c) Workers’ Compensation at statutory limits; (d) Professional Liability covering errors <br />and omissions and wrongful acts in the performance of the Consulting Services, in an amount not <br />less than two million dollars ($2,000,000) per occurrence ; and (e) Cyber Liability in the amount of <br />five million dollars ($2,000,000). <br />b.Specific Requirements. Upon Licensee’s request, BlueConduit shall (a) cause each of these <br />policies to name Licensee and its Affiliates and assignees as additional insureds, and (b) furnish to <br />Licensee certificates of insurance and other documentation relating to the policies as Licensee may <br />reasonably request.
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