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Services. Beneficiary warrants that Iron Mountain's use of any materials supplied by Beneficiary to perform the <br />verification Services described in Exhibit A is lawful and does not violate the rights of any third parties. <br />4. Iron Mountain Responsibilities and Representations. <br />(a) Iron Mountain agrees to use commercially reasonable efforts to provide the Services requested by Authorized <br />Person(s) (as identified in the "Authorized Person(s)/Notices Table" below) representing the Depositor and <br />Beneficiary in a Work Request. Iron Mountain may reject a Work Request (in whole or in part) that does not contain <br />all required information at any time upon notification to the Party originating the Work Request. <br />(b) Iron Mountain will conduct a visual inspection upon receipt of any Deposit Material and associated Exhibit B. If Iron <br />Mountain determines that the Deposit Material does not match the description provided by Depositor represented in <br />Exhibit B attached hereto, Iron Mountain will notify Depositor of such discrepancies and notate such discrepancy on <br />the Exhibit B. <br />(c) Iron Mountain will provide notice to the Beneficiary of all Deposit Material that is accepted and deposited into the <br />escrow account under this Agreement <br />(d) Iron Mountain will work with a Party who submits any verification Work Request for Deposit Material covered under <br />this Agreement to either fulfill any standard verification Services Work Request or develop a custom Statement of <br />Work ("SOW'). Iron Mountain and the requesting Party will mutually agree in. writing to a SOW on the following <br />terms and conditions that include but are not limited to: description of Deposit Material to be tested; description of <br />verification testing; requesting Party responsibilities; Iron Mountain responsibilities; Service Fees; invoice payment <br />instructions; designation of the paying Party; designation of authorized SOW representatives for both the requesting <br />Party and Iron Mountain with name and contact information; and description of any final deliverables, prior to the <br />start of any fulfillment activity. After the start of fulfillment activity, each SOW may only be amended or modified in <br />writing with the mutual agreement of both Parties, in accordance with the change control procedures set forth therein. <br />(e) Iron Mountain will hold and protect all Deposit Material in physical or electronic vaults that are either owned or under <br />the control of Iron Mountain, unless otherwise agreed to by the Parties. <br />(f) Upon receipt of written instructions by Depositor, Iron Mountain will permit the replacement or removal of previously <br />submitted Deposit Material. <br />{g) Iron Mountain will return the Deposit Material to Depositor upon termination of this Agreement. If reasonable <br />attempts to return the Deposit Material to Depositor are unsuccessful, Iron Mountain shall destroy the Deposit <br />Material. <br />S. Payment. <br />The Party responsible for payment designated in Exhibit A ("Paying Parry„) shall pay to Iron Mountain alt fees as set forth <br />in the Work Request ( "Service Fees' ). Except as set forth below, all Service Fees are due to Iron Mountain within forty- <br />five (45) calendar days from the date of invoice in U.S. currency and are non - refundable. Iron Mountain may update <br />Service Fees with a ninety (90) calendar day written notice to the Paying Party during the 'Perm of this Agreement Iron <br />Mountain shall not increase Service Fees by more than eight percent (8 %) per year. The Paying Party is liable for any <br />taxes related to Services purchased under this Agreement or shall present to Iron Mountain an exemption certificate <br />reasonably acceptable to the taxing authorities. Applicable taxes shall be billed as a separate item on the invoice, to the <br />extent possible. Any undisputed Service Fees not collected by Iron Mountain when due shall bear interest until paid at a <br />rate of one percent (I I%) per month (12% per annum) or the maximum rate permitted by law, whichever is less. <br />Notwithstanding, the non - performance of any obligations of Depositor to deliver Deposit Material under the License <br />Agreement or this Agreement, Iron Mountain is entitled to be paid all Service Fees that accrue during the Term, of this <br />Agreement <br />6. Terra and Termination. <br />(a) The initial "Term" of this Agreement is for a period of one (1) year from the Effective Date ( "Initial Terra") and will <br />automatically renew for additional one (1) year terms (each a "Renewal Term") and continue in full force and effect <br />until one of the following events occur: (i) Depositor provides Iron Mountain with sixty (60) days' prior written notice <br />of its intent to cancel this Agreement; (ii) Beneficiary provides Iron Mountain and Depositor with sixty (60) days' <br />prior written notice of their intent to terminate this Agreement; (iii) the Agreement terminates under another provision <br />of this Agreement; or (iv) any time after the Initial Term, Iron Mountain provides one hundred eighty (180) days prior <br />written notice to the Depositor and Beneficiary of Iron Mountain's intent to terminate this Agreement During this <br />notice period, Iron Mountain's Service Fees shall be paid by the Paying Party. If the Effective Date is not specified <br />above, then the last date noted on the signature blocks of this Agreement shall be the Effective Date. <br />(b) Unless the express terns of this Agreement provide otherwise, upon termination of this Agreement, Iron Mountain <br />shall return the Deposit Material to the Depositor. If reasonable attempts to return the Deposit Material to Depositor <br />are unsuccessful, Iron Mountain shall destroy the Deposit Material. <br />M3P D Rev. 06101 /0$ 02008 Iran Mountain Incorporated. Page 2 of 13 <br />