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for All Urban Consumers (CPI-U) for the U.S. City Average, and will not exceed 3% compounded <br /> annually. <br /> 6. Intellectual Property and Confidential Information. <br /> 6.1. The City exclusively and solely owns all City Data. For purposes of this Agreement, "City Data" <br /> means all intellectual property of the City, including but not limited to occupancy data, financial <br /> records, programming configurations of the parking meters, GIS location and rates, and other <br /> operational data and tailored operational programming. IPS may not provide or disclose any City <br /> Data to any third party without the City's prior written consent. <br /> 6.2. IPS will provide access to City Data through Application Program Interface (API) for City <br /> applications and activities, including but not limited to mobile payment and enforcement. <br /> 6.3. IPS agrees to maintain in confidence and not disclose to any person, firm, governmental entity, <br /> or corporation, without City's prior written consent, any knowledge about City processes or <br /> operations unrelated to parking services provided by Contractor, trade secrets, confidential <br /> information, or City Data. Confidential information shall not include any information which (A) <br /> has been legally made public, other than by acts of the Recipient or its Agents in violation of this <br /> Agreement or (B) was or becomes independently known or available to the Recipient, on a non- <br /> confidential basis, from a source other than the Disclosing Party and which is not subject to any <br /> restrictions or disclosure or (C) is independently developed by the receiving party, such <br /> independent development being reasonably documented or (D) is disclosed with written <br /> permission by the owner or (E) is obligated to be produced where required by a court order. <br /> 6.4. Any subcontract entered into by IPS relating to this Agreement, to the extent allowed <br /> hereunder, must include a like intellectual property provision to ensure that the each <br /> subcontractor is bound by the provisions of Section 6.3 above. Failure of IPS to comply with this <br /> requirement or to obtain the compliance of its subcontractors with such obligations constitutes <br /> a breach of this Agreement and will subject IPS to damages paid to the City and the imposition <br /> of all sanctions allowed by law or equity, including but not limited to termination of this <br /> Agreement. <br /> 6.5. IPS represents and warrants that it owns or has acquired all requisite rights and licenses to use <br /> all intellectual property embodied, practiced or employed in IPS Equipment and Software being <br /> used by the City. <br /> 6.6. IPS hereby grants the City, including its departments, commissioners, officials, officers, <br /> employees, consultants, and agents (collectively, "City") all the rights and licenses required to <br /> use IPS Equipment installed in the City and to access the Software on a worldwide basis. Such <br /> rights and licenses are non-assignable, non-transferable and non-exclusive, and specific only to <br /> use within the City. <br /> 6.7. All pre-existing and independently developed intellectual property, and any derivation thereof, <br /> including but not limited to designs, models, inventions, processes, methodologies, software, <br /> associated documentation, software upgrades, modifications and customizations, copyrightable <br /> material and other tangible and intangible materials authored, and combinations thereof, <br /> prepared, created, made, delivered, conceived or reduced to practice, in whole or in part, by the <br /> Contractor and provided to the City ("Pre-Existing and Independently Developed IP") will at all <br /> REV: 05-05-1615 <br /> Page 5of177 <br /> ATTY/AGR.201 6.094/IPS Group <br />