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<br />203193300.19 -14- <br /> <br />2.5 Non-Renewal. Notwithstanding anything to the contrary contained in Section 2.4, <br />Operator has the right not to renew the Term for either Renewal Term by notice given to MTC not later <br />than 6 months prior to the expiration of the then current Term. If Operator gives MTC a non-renewal <br />notice in accordance with the preceding sentence, then this Agreement shall end upon the expiration of <br />the then current Term. <br />2.6 Services. <br />2.6.1 Subject to Events of Force Majeure, following completion of Phase I, Operator shall <br />operate the Program so that it is fully operational at all Stations, consistent with the <br />Key Performance Indicators as set forth in Appendix A, 24 hours per day, seven days <br />per week, every day of each year, during the Term. <br />2.6.2 Adjustments to KPIs. <br />(a) KPIs in General. Notwithstanding anything to the contrary, if at any time <br />and from time to time either Party in good faith believes that the KPIs should be updated, including by <br />amending, supplementing or replacing them, (a) on account of technological developments incorporated <br />into the Program by Operator, or (b) because the Party seeking changes believes the KPIs are ineffective, <br />or not as effective as the KPIs could be, in strengthening the Program, the customer experience, and <br />Operator’s performance, then the Party seeking changes to the KPIs shall submit proposed changes to the <br />KPIs together with an explanation of how the proposed changes would address the deficiencies in the then <br />existing KPIs (“KPI Change Request”). Within 10 business days thereafter, the other Party shall either <br />accept the KPI Change Request in writing, or reject the KPI Change Request along with the reasons for <br />the rejection. In the case of such rejection, at the request of the Party submitting the KPI Change Request, <br />the matter will be referred to discussion in accordance with Section 23.1.1, except the matter will not be <br />subject to mediation in accordance with Section 23.1.2. If the matter is not resolved within 30 business <br />days of the KPI Change Request, the KPIs shall not be changed pursuant to the KPI Change Request. In <br />lieu of rejecting or accepting a proposed KPI change, the Parties may agree to test trials to test proposed <br />changes and then defer any decision until the conclusion of the trial period. <br />(b) Rebalancing. It is the objective of Operator to maximize the utility of the <br />Program and the customer experience at all times, but particularly during the hours between 6:00 AM and <br />10:00 PM (“Peak Hours”), in a cost effective manner. Maximizing utility requires that Operator take <br />affirmative steps to address severe imbalances in the demand for and supply of available Bicycles and <br />empty Operable Docks during Peak Hours, which imbalances typically arise from patterns in demand and <br />usage in which Bicycles typically travel in one direction. Operator’s objective is to minimize instances, <br />and minimize the duration of those instances, in a cost effective manner, when the demand for an empty <br />Operable Dock or an available Bicycle at a Station is not met by the available supply at that Station. <br />Achieving this objective is a multistep and collaborative process requiring the involvement, cooperation <br />and flexibility on the part of Operator, MTC and the Participating Cities. To achieve this objective, <br />during the period commencing upon the completion of Phase I and ending 6 months after the completion <br />of Phase V (the “Assessment Period”), the parties will (i) observe demand and use patterns as the Program <br />is being implemented to identify the times and locations that a shortage of empty Operable Docks and/or a <br />shortage of available Bicycles arises and the extent of the shortages at those time and locations; and (ii) <br />assess alternative approaches to alleviating outages, including, by way of example, by (A) enlarging <br />existing Stations or adding new Stations in areas in which there is a shortage, (B) finding and utilizing <br />storage areas located near Stations that experience Bicycle shortages so that additional Bicycles can be