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Agmt17 Paymentus Corporation
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Agmt17 Paymentus Corporation
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Last modified
5/8/2017 1:17:33 PM
Creation date
5/8/2017 1:16:11 PM
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Agreement
Contractor Name
Paymentus Corporation
PROJECT NAME
Amaneded and Restated Agmt for Professional Services
RMP File Number
304
Date
4/1/2017
MO Ref
17-070
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services to pay City. All data in the previous sentence will hereinafter be referred to as <br />"City Data." The minimum safeguards Consultant will use to comply with its obligations <br />under this Section are set forth in Exhibit C, which is attached hereto and incorporated <br />herein by reference. In the event of any actual or possible data breach related to City <br />Data, Consultant shall immediately notify City of such breach and take all such immediate <br />actions as are necessary to remedy and repair Consultant's safeguards and security <br />systems. Consultant shall also perform a root cause analysis of the data breach and <br />deliver a summary of that analysis to City. <br />12. Indemnification. Consultant will defend, indemnify and hold harmless City and its <br />officers, agents, employees and volunteers from and against all claims, damages, losses <br />and expenses including attorney fees arising out of the performance of the Services, (a) <br />caused in whole or in part by the willful misconduct or any negligent act or omission of <br />the Consultant, any subcontractor, anyone directly or indirectly employed by any of them <br />or anyone for whose acts any of them may be liable, except where caused by the sole <br />negligence or willful misconduct of City or (b) related to any actual or alleged data <br />breaches related to City Data. <br />Further, without restricting the generality of the foregoing, Consultant will defend, <br />indemnify, and hold harmless City and its officer, agents, employees and volunteers from <br />and against all claims, damages, losses and expenses, including attorney fees, related <br />to a claim made by a third party against City alleging that Consultant's products and/or <br />services infringe such third party's United States patent, copyright, trademark, trade <br />secret, or other intellectual property (an "IP Claim"). <br />The Parties expressly agree that any reasonable payment, attorney's fee, cost or expense <br />City incurs or makes to or on behalf of an injured employee under the City's self- <br />administered workers' compensation is included as a loss, expense or cost for the <br />purposes of this section. <br />The parties expressly agree that this section shall survive the expiration or early <br />termination of the Agreement. Notwithstanding the foregoing, the parties agree that <br />neither party shall be liable to the other for any lost profits, lost savings or other special, <br />indirect or consequential damages, even if the party has been advised of or could have <br />foreseen the possibility of such damages. Paymentus' total liability for damages for any <br />and all actions associated with this Agreement or the Services shall in no event exceed <br />the Agreement amount of $66,000. The preceding limit does not apply to Paymentus <br />indemnification obligations under this Section 12. Nor does it apply to any claims related <br />to a violation of law or relating to a data breach as described in Section 11 above. <br />13. Insurance. Consultant shall obtain and maintain for the duration of the Agreement <br />and any and all amendments, insurance against claims for injuries to persons or damage <br />to property which may arise out of or in connection with performance of the Services by <br />Consultant or Consultant's agents, representatives, employees or subcontractors. The <br />insurance carrier is required to maintain an A.M. Best rating of not less than "A -:VII". <br />ATTY/AGR/2017.080/PAYMENTUS - IVR <br />REV: 04-10-17 JS Page 4 of 14 <br />
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