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Agmt11 Digital Payment Technologies-DPT
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Agmt11 Digital Payment Technologies-DPT
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Last modified
4/12/2011 2:28:04 PM
Creation date
4/12/2011 2:12:29 PM
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Template:
Agreement
Contractor Name
Digital Payment Technologies-DPT
PROJECT NAME
Enterprise Management System-"EMS"
RMP File Number
304.5
Date
4/11/2011
MO Ref
11-023
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Enterprise Management System Customer Agreement Page 5 <br /> Customer or DPT from certain third parties (each a "Licensor" and collectively, the "Licensors ") <br /> under the terms of license agreements of various dates (each a "License Agreement" and <br /> collectively, the "License Agreements "). The Customer acknowledges that the License Agreements <br /> contain and constitute valuable trade secrets and confidential information belonging to the <br /> Licensors and that all applicable rights in the patents, copyrights, trademarks and trade secrets in <br /> such software products are, and will remain the Licensors. The Customer's use of any such <br /> Software Products hereunder are subject to the terms and conditions of the applicable License <br /> Agreement for such Software Products, and DPT makes no additional representations or <br /> warranties regarding such Software Products. <br /> (3) Without limiting the generality of Section 7 hereof, the Customer hereby agrees: <br /> (a) to use its best efforts to keep confidential EMS Software and any Software Products licensed <br /> under the License Agreements, and to abide by and comply with the nondisclosure and <br /> confidentiality provisions of this Section 8 both with respect to EMS Software and also with <br /> respect to Software Products covered by the License Agreements, <br /> (b) Not to use such licensed Software Products or EMS Software, except as contemplated by this <br /> Agreement. <br /> (4) The Customer and DPT are responsible for third party licenses as individually defined in Appendix <br /> C. Each party to this. Agreement shall cover the cost of acquiring the necessary licenses according <br /> to this Agreement. <br /> (5) Liabilities - Licenses. The party responsible for the licensed Software product according to <br /> Appendix C shall cover liabilities occurring because of breach of license terms. This includes <br /> consequential damage. <br /> 9. TERM AND TERMINATION <br /> (1) DPT may terminate this Agreement upon the occurrence of one or more of the following events: <br /> (a) If the Customer fails to perform obligations hereunder or materially breaches any terms or <br /> condition of this Agreement; <br /> (b) If the Customer becomes insolvent, enters into an assignment for the benefit of its creditors <br /> or commences bankruptcy proceedings, whether voluntary or involuntary; <br /> (c) If the representations and warranties made by the Customer in this Agreement are not true <br /> and correct in all material respects. <br /> (d) Upon 30 days written notice of cancellation to the Customer. <br /> (2) The Customer may terminate this Agreement upon the occurrence of one or more of the following <br /> events: <br />
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