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Linko Technology Inc 10/26/2018
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Linko Technology Inc 10/26/2018
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Last modified
11/1/2018 9:06:57 AM
Creation date
11/1/2018 9:06:51 AM
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Contracts
Contractor's Name
Linko Technology Inc
Approval Date
10/26/2018
Department
Information Technology
Department Project Manager
Kevin Walser
Subject / Project Title
Move Inspection Software to Hosted Version
Tracking Number
0001460
Total Compensation
$15,445.00
Contract Type
Agreement
Contract Subtype
Technology
Retention Period
6 Years Then Destroy
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Page 2 of 17 <br /> SCHEDULE A <br /> PARTICULARS <br /> Application <br /> Description The Application is the Hosted LinkoCTS, LinkoFOG, LinkoPipe, Remote <br /> Inspector, and any other modules the parties agree in writing to add in the <br /> future. <br /> Users Access to the Application is provided for up to the following number of <br /> Registered Users: Five(5). Registered Users are defined in Schedule C, <br /> Section 1.2. <br /> Term <br /> Hosting The Hosting Commencement Date commences on the date that the account is <br /> Commencement Date activated, end users are connected to the Application, and shall be considered <br /> the date the Application is available to the Customer. <br /> Initial Term The Initial Term of the agreement begins on the Hosting Commencement <br /> Date, and shall end with the Customer's existing Club Linko renewal date of <br /> 4/30/2019. Subsequent terms are recurring, one year terms coinciding with <br /> the Customer's existing Club Linko renewal date. <br /> �„ r> Fees <br /> Professional Services The Professional Services Fee is$2,460, as detailed and outlined in Schedule <br /> Fee D. Professional services will be provided as outlined in Schedule D. Any <br /> professional services beyond those outlined in Schedule D will be quoted and <br /> approved separately and then made a part of this agreement. <br /> Software License Fee The one-time Software license fee is $6,495, as detailed and outlined in <br /> Schedule D. <br /> Recurring Annual Fee The Recurring Annual Fee is$17,630 as detailed in Schedule D. <br /> Invoice and Payment Schedule <br /> Initial Annual Fee The first year's Annual Fee is pro-rated from the Hosting Commencement Date to <br /> Invoice the Customer's existing Club Linko renewal date of 4/30/2019,with payment due <br /> within 30 days. If Customer has previously purchased Club Linko support for the <br /> initial term, the amount is applied to the initial annual fee invoice as a credit. <br /> $17,630 (Recurring annual fee) <br /> -$11, 140 (Credit for previously purchased Club Linko) <br /> =$6,490 balance of annual fee which will be pro-rated from the 1st day of <br /> the month of the Hosting Commencement Date. <br /> Subsequent Annual The Annual Fee for each subsequent year will be invoiced 30 days in advance <br /> Fee Invoices of the Hosting Commencement Date anniversary. <br /> Invoices for All fees for Professional Services will be invoiced after delivery of the services <br /> Professional Services and payment will be due within 30 days. <br /> Software License Fee Software Licenses will be invoiced following the Hosting Commencement Date <br /> Invoice and payment will be due within 30 days. <br />
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