This Master Services Agreement (this "Agreement") by and between LastTech
LLC, a New York limited liability company ("LastTech") located at 1350 Ave. of the Americas, Floor 2, New York,
NY 10019, and Our Valued Client ("Client"). This Agreement is effective upon
the date of execution of the initial Statement of Work (as defined in herein
Section 1).
Recitals
WHEREAS, LastTech
is a provider of Managed IT Services, Cloud Services, Cyber Security Services,
IT Consulting, Hardware and Software Consulting, Hardware and Software
Procurement, Building Tech Solutions, and CTO Services and desires to provide
to Client the information technology Services (as defined herein below) under
the terms described in this Agreement; and
WHEREAS Client wishes to obtain from LastTech the information
technology Services under the terms described in this Agreement and associated
Statement of Work(s) ("SOW(s)").
In consideration of the mutual promises and
agreements contained herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Parties (as
defined herein below) hereby agree as follows:
1. Definitions.
For
the purposes of this Agreement, the following terms have the meaning set forth
below:
"Affiliate"
- (of a Person, as defined herein below) any other Person that directly or
indirectly, through one or more intermediaries, controls, is controlled by, or
is under common control with, such Person. The term "control" (including the
terms "controlled by" and "under common control with") means the possession,
directly or indirectly, of the power to direct or cause the direction of the
management and policies of a Person, whether through the ownership of voting
securities, by contract or otherwise.
"Confidential
Information" - any information that is treated as confidential by a party
in any format whether oral, written, electronic, or other, whether or not
designated as confidential or that reasonably should be understood to be
confidential given the nature of the information and the circumstances of
disclosure. Confidential Information includes, but is not limited to,
non-public information of either Party, whether or not marked as confidential
or proprietary, the terms and conditions of any SOW, Client lists, Client
information, personally identifiable information, protected health information
of Client's employees and Client's customers, supplier lists, financial
information, contractual information, designs, pricing information, internal
business organization information, marketing, business and expansion plans and
all other business documents, notes, records, research and development,
intellectual property, technologies, processes, procedures, programs, systems,
products and methods of either Party, and all written, oral or electronic
information concerning any of the preceding.
"Client
Equipment" - any equipment, systems, cabling or facilities provided by
Client and used directly or indirectly in the provision of the Services.
"Client
Materials" - any documents, data, know-how, methodologies, software and
other materials provided to LastTech by Client, including computer programs,
reports and specifications.
"Deliverables"
- all documents, work product and other materials that are delivered to Client
hereunder or prepared by or on behalf of LastTech in the course of performing
the Services, including any items identified as such in a Statement of Work.
"Disclosing
Party" - a party that discloses Confidential Information under this
Agreement.
"Intellectual
Property Right(s)" - any legally enforceable rights under statute or common
law with respect to inventive subject matter or discoveries including, but not
limited to (a) patents, patent
disclosures and inventions (whether patentable or not), (b) trademarks, service
marks, trade dress, trade names, logos, corporate names and domain names,
together with all of the goodwill associated therewith, (c) copyrights and
copyrightable works (including computer programs) and rights in data and databases,
(d) trade secrets, know-how and other confidential information, and (e) all
other intellectual property rights, in each case whether registered or
unregistered and including all applications for, and renewals or extensions of,
such rights, and all similar or equivalent rights or forms of protection in any
part of the world.
"Law"
- any statute, law, ordinance, regulation, rule, code, order, constitution,
treaty, common law, judgment, decree, other requirement or rule of law of any
federal, state, local or foreign government or political subdivision thereof,
or any arbitrator, court or tribunal of competent jurisdiction.
"Losses"
- all losses, damages, liabilities, deficiencies, actions, judgments, interest,
awards, penalties, fines, costs or expenses of whatever kind, including
reasonable attorneys' fees and the cost of enforcing any right to
indemnification hereunder and the cost of pursuing any insurance providers.
"Party"
- each of LastTech and Client, individually.
"Parties" - LastTech and Client, collectively.
"Peripheral Account" -
any licensed email account in the Client's tenant that is not the primary email
account used by a Managed User.
"Permitted Subcontractor"
- has the meaning set forth in Section 3.1(c).
"Person"
- an individual, corporation, limited liability company, partnership, joint
venture, governmental authority, unincorporated organization, trust,
association or other entity.
"Pre-Existing
Materials" - the pre-existing materials developed or acquired by LastTech
prior to the commencement or independently of this Agreement, including but not
limited to, all documents, data, know- how, methodologies, software and other
materials, including computer programs, reports and specifications, provided by
or used by LastTech in connection with performing the Services.
"Project" - a project as described in a Statement of Work.
"Receiving
Party" - a party that receives or acquires Confidential Information
directly or indirectly under this Agreement.
"Sales
Terms" - LastTech's Sales Terms as set forth at Exhibit A.
"Services"
- any professional or other services to be provided by LastTech under this
Agreement, as described in more detail in a Statement of Work, and LastTech's
obligations under this Agreement.
"Statement of
Work" - each managed service, project or
Statement of Work entered into by the Parties as more fully detailed in a
supplemental agreement to this Agreement.
"Term"
- has the meaning set forth in Section 5.
"Travel and Expense Policy"
- LastTech's Travel and Expense Policy as set forth at Exhibit B.
"LastTech Account Manager"
- has the meaning set forth in Section 3.1(a).
"LastTech
Equipment" - any equipment, systems, cabling or facilities provided by or
on behalf of LastTech and used directly or indirectly in the provision of the
Services.
"LastTech
Personnel" - all employees and Permitted Subcontractors, if any, engaged by
LastTech to perform the Services.
2.
Services.
2.1
LastTech shall provide the Services to
Client as described in more detail in each Statement of Work in accordance with
the terms and conditions of this Agreement.
2.2
Each Statement of Work shall include the
following information, if applicable:
(a) description of the Services to be performed pursuant to the
Statement of Work;
(b) the date upon which the Services will commence and the term of
such Statement of Work;
(c) the fees to be paid to LastTech under the Statement of Work;
(d) Services milestones and payment schedules;
(e) all Services are subject to a fair use limits based upon
LastTech's discretion;
(f) any other terms and conditions agreed upon by the Parties in
connection with the Services to be performed pursuant to such Statement of
Work.
3.
LastTech's
Obligations.
3.1
During the Term, LastTech shall:
(a) Appoint a LastTech employee to serve as a primary contact with
respect to this Agreement and who will have the authority to act on behalf of
LastTech in connection with matters pertaining to this Agreement (the "LastTech COO and/or CEO");
(b) Appoint other LastTech Personnel, who shall be suitably skilled,
experienced and qualified to perform the Services;
(c) require any Person engaged as subcontractors of LastTech (other
than LastTech's employees) that provide any Services and Deliverables to Client
(each such Person, a "Permitted
Subcontractor") to be bound in writing by confidentiality and intellectual
property assignment or license provisions similar to those in this Agreement,
and, upon Client's written request, to enter into a non-disclosure or
intellectual property assignment or license agreement in a form that is
reasonably satisfactory to Client.
(d) Not be responsible for Incident Response or Remediation as this is
NOT included in any service level and will be charged at our standard rate
including after hours and holiday multipliers.
(e) Attempt to deliver all services in SOW. The inability to provide any of these services due to
lack of access, client opting out, inability to operate with other vendors, or
any other reason shall not be considered a breach of agreement, but will be
considered an "idle" service which will still be included in the agreement and
may be invoked upon written request of the customer.
(f) Bill client according to high usage mark for each month of
service. Any workstation that has not checked in with our sentry solution for
more than three (3) months may be removed from managed service. Re-enrolling
this workstation may incur a workstation setup fee.
(g) Have the option to remove all admin accounts that are not solely
operated by LastTech from client systems and services. If specific accounts are
absolutely necessary for daily functions of the business, they may be
reinstated at customer request, but LastTech can take no responsibility for any
potential security issues arising from them. Additionally, any support on
systems where there is another administrative account present may be billed
additionally at LastTech's discretion.
3.2
LastTech is responsible for all LastTech
Personnel and for the payment of their compensation, including, if applicable,
withholding of income taxes, and the payment and withholding of social security
and other payroll taxes, unemployment insurance, workers' compensation
insurance payments and disability benefits.
3.3
If LastTech's performance of its
obligations under this Agreement is prevented or delayed by any act or omission
of Client or their Affiliates, agents, subcontractors, consultants or
employees, LastTech shall not be deemed in breach of its obligations under this
Agreement or otherwise liable for any costs, charges or losses sustained or
incurred by Client, in each case, to the extent arising directly or indirectly
from such prevention or delay. The inability to provide any of these services
due to lack of access, client opting out, inability to operate with other
vendors, or any other reason shall not be considered a breach of this Agreement
but will be considered an "idle" service which will still be included
in this Agreement and may be invoked upon written request of the customer.
3.4
LastTech Reserved Rights
(a) LastTech reserves the right to reject management of any
workstation or user that, in its estimation, causes too much disruption or
difficulty in management.
(b) LastTech reserves the right to adjust the number of assets being
managed based on the work LastTech Is performing. This adjustment rate is
identified herein below or in an applicable SoW.
(c) Client administrative accounts that are not solely operated by
LastTech shall have permissions removed.
Should Client accounts be absolutely necessary for daily functions of
Client's business, said Client accounts may be reinstated by the Clients
request in writing. LastTech expressly
asserts that it shall bear no responsibility for any potential security issues
arising from Client administrative accounts that are not operated by LastTech.
(d) Any requested support on Client administrative accounts or systems
not solely operated by LastTech shall be billed additionally at LastTechs's
discretion.
(e) LastTech shall not be responsible for providing any services until
they are installed and initiated on the appropriate client assets. If LastTech
is unable to provide a specific service or if client elects not to have a
specific service utilized, it will be placed in an idle state, still charged,
and can be initialized upon written request from client assuming any relevant
blockage has been alleviated.
4.
Client's
Obligations.
Client Shall:
(a) cooperate with LastTech in all matters relating to the Services
and appoint a Client employee to serve as the primary contact with respect to
this Agreement and who will have the authority to act on behalf of Client with
respect to matters pertaining to this Agreement;
(b) obtain and maintain all necessary licenses and consents and comply
with all applicable Law in relation to the Services, the installation of the
LastTech Equipment, the use of Client Materials and the use of the Client
Equipment in relation to the LastTech Equipment to the extent that such
licenses, consents and Law relate to Client's business, premises, staff and
equipment, in all cases before the date on which the Services are to start;
(c) maintain a continuously active MSA with LastTech. Client agrees that failure to maintain an
active MSA will stop the Services on all Statements of Work and shall be
grounds for termination pursuant to Section 5.3 of this Agreement.
(d) grant LastTech the right to send Client employees Newsletter,
"Tech Tips" and other email communication; and
(e) acknowledge and comply with (1) the current Sales Terms as
detailed in Exhibit A and (2) the current Travel and Expense Policy as detailed
in Exhibit B.
(f) Client shall conduct itself, and to cause Client's employees,
agents, and representatives to conduct themselves, in a professional manner at
all times when interacting with employees of LastTech. Client agrees that
abusing LastTech's employees in any manner, including, but not limited to,
threatening, or yelling at such employees, whether via telephone, email, online
or in person, shall be a violation of this Agreement and may be grounds for
suspension or cancellation of the Services and termination of this Agreement by
LastTech for default. Any threats of physical violence by Client, or its
employees, agents, or representatives, against LastTech or its shareholders,
directors, officers, employees, agents, or facilities will be reported to the
proper authorities and shall be deemed a default by Client and grounds for
immediate termination of this Agreement by LastTech
(g) provide such access to Client's premises, and such office
accommodation and other facilities as may reasonably be requested by LastTech
and agreed with Client in writing in advance, for the purposes of performing
the Services;
(h) respond promptly to any LastTech request to provide direction,
information, approvals, authorizations or decisions that are reasonably
necessary for LastTech to perform Services in accordance with the requirements
of this Agreement; If any service is not able to be provided due to no fault of
LastTech, the service will continue to be billed and be considered in an idle
state and may be requested for installation or engagement by the client in
writing. LastTech will, at that point, attempt to provide the service once
more.
(i) provide such Client Materials as LastTech may request, in order to
carry out the Services, in a timely manner, and ensure that it is complete and
accurate in all material respects; and
(j) ensure that all Client Equipment is in
good working order and suitable for the purposes for which it is used in
relation to the Services and conforms to all relevant legal or industry
standards or requirements.
(k) replace all equipment at least every five (5) years and maintain
active warranties on all active equipment. In the event that actively managed
equipment does not have a warranty, LastTech may, at its discretion, purchase,
apply, and bill the client for a warranty on said equipment. If any equipment
does not have an active warranty OR is over five (5) years old, any support for
that equipment will fall outside of standard support and will be billed hourly
at 1.5x the standard rate.
(l) maintain an active and validated payment method on file with
LastTech and any unpaid invoice aged thirty (30) days will be automatically
charged against the payment method on file as a courtesy to the client unless
the invoice is disputed in writing prior to this date.
(m) Be the responsible party for all infrastructure, security, and
compliance requirements. LastTech consults with the clients and makes
recommendations based upon their knowledge but is never at any time considered
the responsible party. LastTech is not responsible for any security breaches
prior, during, or after the Agreement term. LastTech cannot guarantee that you
will not experience a cyber event.
(n) for any managed agreement termination, Client must sign a
termination letter agreeing to the terms of termination which LastTech will
provide upon request. Upon execution of
the termination letter by Client, LastTech shall no longer be bound to offer
any service or support to Client and any additional worked agreed upon in
writing shall be billed hourly. Additionally, all money agreed in the SoW or
MSA becomes immediately due and is considered duly earned.
(o) pay all invoices on time. If client does not pay open invoices,
all service may be halted at thirty (30) days past due and software, services,
and licenses may be revoked or removed after sixty (60) days past due. LastTech
is not responsible for disruption in client's business that this may cause. If
agreement is cancelled due to non-payment, full amount becomes immediately due.
If client pays the amount due and wishes to continue service, a new onboarding
fee may required.
5.
Term, Termination
and Survival.
5.1
This Agreement shall commence as of the
Effective Date and shall continue thereafter for a three (3) year period under
all Statement of Works and shall automatically renew for another three (3) year
Term, unless sooner terminated pursuant to Section 5.2 or Section 5.3 below.
Rates for any recurring charges in this agreement or any SoW may be increased
up to 5% plus the annual rate of inflation, whichever is larger at the
discretion of LastTech. Absence of an price change does not remove the right to
do so and multiple years may be applied together. No notice is required for
these changes.
5.2
Either Party may terminate this
Agreement, effective upon ninety (90) days written notice (in accordance with
Section 16.4 Notices) to the other Party (the "Defaulting Party") if the Defaulting Party:
(a) materially breaches this Agreement, and such breach is incapable
of cure, or with respect to a material breach capable of cure, the Defaulting
Party does not cure such breach within thirty (30) days after receipt of
written notice (in accordance with Section 16.4) of such breach;
(b) becomes insolvent or admits its inability to pay its debts
generally as they become due;
(c) becomes subject, voluntarily or involuntarily, to any proceeding
under any domestic or foreign bankruptcy or insolvency law, which is not fully
stayed within seven business days or is not dismissed or vacated within
forty-five (45) days after filing;
(d) is dissolved or liquidated or takes any corporate action for such
purpose;
(e) makes a general assignment for the benefit of creditors; and
(f) has a receiver, trustee, custodian, or similar agent appointed by
order of any court of competent jurisdiction to take charge of or sell any
material portion of its property or business.
(g) If client chooses to terminate this agreement or any SoW earlier
than the contracted date without cause as listed above, an Early Termination
Fee of 50% of the outstanding contract (based upon most asset counts) will
become immediately due PLUS any hard costs already incurred by LastTech on
behalf of the client.
5.3
Notwithstanding anything to the contrary
in Section 5.2: LastTech may terminate
this Agreement before the expiration date of the Term on written notice (in
accordance with Section 16.4) at any time with or without cause;
5.4
The rights and obligations of the
parties set forth in Section 5.5 and in Sections 7, 8, 9, 10, 11, 12, 13 and
15, and any right or obligation of the parties in this Agreement which, by its
nature, should survive termination or expiration of this Agreement, will
survive any such termination or expiration of this Agreement.
5.5
Upon expiration or termination of this
Agreement:
(a) LastTech shall (i) promptly deliver to Client all Deliverables
(whether complete or incomplete) for which Client has paid, all Client
Equipment and all Client Materials, (ii) promptly remove any LastTech Equipment
located at Client's premises, (iii) provide reasonable cooperation and
assistance to Client upon Client's written request and at Client's expense in
transitioning the Services to an alternate service provider, and (iv) on a pro
rata basis, repay all fees and expenses paid in advance for any Services or
Deliverables which have not been provided;
(b) Client shall pay and reimburse LastTech for its costs in providing
the transition services set forth in Section 5.6(a) above at its then-current
billable rates;
(c) each Party shall (i) return to the other Party all documents and
tangible materials (and any copies) containing, reflecting, incorporating or
based on the other Party's Confidential Information, (ii) within sixty (60)
days after the termination of services permanently erase all of the other
Party's Confidential Information from its computer systems and (iii) certify in
writing to the other Party that it has complied with the requirements of this
clause; provided, however, that Client may retain copies of any Confidential
Information of LastTech incorporated in the Deliverables or to the extent
necessary to allow it to make full use of the Services and any Deliverables.
Notwithstanding anything herein to the contrary, LastTech may permanently
delete all of Client's information in its possession six (6) months following
the date of expiration or termination of this Agreement;
(d) Client shall execute and deliver a termination letter to LastTech
agreeing to the terms of termination as provided by LastTech.
6.
Fees and Expenses;
Payment Terms.
6.1
For the Services to be performed
hereunder, the Client will pay to LastTech a fee determined in accordance with
the fee schedule and payment terms set out in each Statement of Work. Unless
otherwise provided in the Statement of Work, said fee will be payable within
thirty (30) days of receipt by the Client of an invoice from LastTech
accompanied by documentation reasonably requested by the Client evidencing all
charges. Additional projects will be scoped separately or billed at LastTech's
hourly rate as determined by the supplemental Statement of Work(s). Projects
are generally identified as something that takes more than five (5) hours,
affects more the five (5) people, has more than five (5) tasks to manage, or
causes a major change to the systems under management.
6.2
LastTech shall add to Client's invoice
any sales, use and excise taxes, and any other similar taxes, duties and
charges of any kind imposed by any federal, state or local governmental entity
on any amounts payable by Client hereunder; provided, that, in no event shall
Client pay or be responsible for any taxes imposed on, or with respect to,
LastTech's income, revenues, gross receipts, personnel or real or personal
property or other assets.
6.3
For any
Statement of Work, upon execution by the Parties and payment of the deposit by
Client, scheduling the service may begin. If the Project is urgent or in need
of immediate attention, additional fees shall be assessed on Client's
invoice(s) and shall be paid in advance by the Client to reprioritize the
project and provide an earlier slot for the Services to be performed.
7.
Intellectual
Property Rights; Ownership.
7.1
Except as set forth in Section 7.3
below, Client and LastTech are, and shall each be, an owner, of all right,
title and interest in and to the Deliverables, including all Intellectual
Property Rights therein.
7.2
Upon the reasonable request of Client,
LastTech shall, and shall cause the LastTech Personnel to, promptly take such
further actions, including execution and delivery of all appropriate
instruments of conveyance, as may be necessary to assist Client to prosecute,
register, perfect or record its rights in or to any Deliverables.
7.3
LastTech and its licensors are, and
shall remain, the sole and exclusive owners of all right, title and interest in
and to the Pre-Existing Materials, including all Intellectual Property Rights
therein. LastTech hereby grants Client a non-transferable license to use,
display, reproduce, distribute or transmit any Pre-Existing Materials to the
extent incorporated in, combined with or otherwise necessary for the use of the
Deliverables. All other rights in and to the Pre-Existing Materials are
expressly reserved by LastTech.
7.4
Client and its licensors are, and shall
remain, the sole and exclusive owner of all right, title and interest in and to
the Client Materials, including all Intellectual Property Rights therein.
LastTech shall have no right or license to use any Client Materials except
solely during the Term of the Agreement to the extent necessary to provide the
Services to Client. All other rights in and to the Client Materials are
expressly reserved by Client.
7.5
Client hereby grants LastTech a
non-exclusive royalty-free license to use Client's information, logos, images,
testimonials or quotes solely for promoting and marketing the services provided
under this MSA for the purpose of sharing it with authorized vendors and in
addition to current and prospective clients. The license includes the right to
display Client's information, logos, images, testimonials or quotes on
LastTech's website, marketing materials, and other promotional channels.
8.
Confidential
Information and Non-Disclosure.
8.1
The Receiving Party agrees: (a) not to
disclose or otherwise make available Confidential Information of the Disclosing
Party to any third party without the prior written consent of the Disclosing
Party; provided, however, that the Receiving Party may disclose the
Confidential Information of the Disclosing Party to its Affiliates, and their
respective officers, employees, consultants and legal advisors who have a "need
to know", who have been apprised of this restriction and who are themselves
bound by nondisclosure obligations at least as restrictive as those set forth
in this Section 8.1; (b) to use the Confidential Information of the Disclosing
Party only for the purposes of performing its obligations under the Agreement or,
in the case of Client, to make use of the Services and Deliverables; and (c) to
promptly notify the Disclosing Party in the event it becomes aware of any loss
or disclosure of any of the Confidential Information of Disclosing Party.
8.2
Confidential Information shall not
include information that: (a) is already known to the Receiving Party without
restriction on use or disclosure prior to receipt of such information from the
Disclosing Party; (b) is or becomes generally known by the public other than by
breach of this Agreement by, or other wrongful act of, the Receiving Party; (c)
is developed by the Receiving Party independently of, and without reference to,
any Confidential Information of the Disclosing Party; (d) is received by the
Receiving Party from a third party who is not under any obligation to the
Disclosing Party to maintain the confidentiality of such information; (e) is disclosed
or used by a Party with the other Party's advance written approval; (f) is
lawfully obtained from a third party that is not under an obligation of
confidentiality to the Disclosing Party or (g) is required to be disclosed by
Law, including without limitation, pursuant to the terms of a court order;
provided, that the Receiving Party has given the Disclosing Party prior written
notice (in accordance with section 16.4) of such disclosure and an opportunity
to contest such disclosure. It shall be the obligation of the Receiving Party
to prove that such an exception to the definition of Confidential Information
exists.
8.3
Nothing in this Agreement shall prevent
either Party from using any general methodologies or know- how contained in the
unaided memory of such Party's personnel or those of its Affiliates developed
or disclosed under this Agreement, provided that in doing so it is not in
breach of its obligations of confidentiality under this Section or using any
Intellectual Property Rights of the other Party or any of its Affiliates.
8.4
The Receiving Party shall: (i) protect
and safeguard the confidentiality of all Confidential Information with at least
the same degree of care as the Receiving Party would protect its own
Confidential Information, but in no event with less than a reasonable degree of
care; (ii) not use any Confidential Information of the Disclosing Party for any
purpose outside the scope of this Agreement or otherwise in any manner to the
Disclosing Party's detriment; and (iii) except as otherwise authorized by the
Disclosing Party in writing, to limit access to Confidential Information of the
Disclosing Party to those of its and its Affiliates' employees, contractors and
agents who need such access for purposes consistent with this Agreement.
Neither Party shall disclose the terms of this Agreement, any SOW to any
third-party other than its affiliates, legal counsel, and accountants without
the other Party's prior written consent.
8.5
Upon written request, Client agrees to
promptly return all Service Provider Confidential Information in its
possession, custody, or control, or to certify the deletion or destruction of
Confidential Information. Provided, however, that the Receiving Party may
retain a copy of the Confidential Information for archival purposes.
9.
Limited Warranty.
9.1
LastTech warrants that the Services and
Deliverables will be substantially in accordance and conformity in all material
respects with all requirements or specifications stated in this Agreement and
the applicable Statement of Work. In the event of LastTech's breach of the
foregoing warranty, LastTech's sole and exclusive obligation and liability and
Client's sole and exclusive remedy shall be as follows:
(a) LastTech shall use reasonable efforts to cure such breach;
provided, that if LastTech cannot cure such breach within a reasonable time
(but no more than thirty (30) days) after Client's written notice (in
accordance with section 16.4) of such breach; Client may, at its option,
terminate the Agreement by serving written notice (in accordance with section
16.4) of termination in accordance with Section 15.4.
(b) In the event the Agreement is terminated in accordance with this
Section 9.1, LastTech shall within thirty (30) days after the effective date of
termination, refund to Client any fees paid by the Client as of the date of
termination for such Service or Deliverable less a deduction equal to the fees
for receipt or use of such Deliverables or Service up to and including the date
of termination on a pro-rated basis.
(c) The foregoing remedy shall not be available unless Client provides
written notice (in accordance with section 16.4) of such breach within thirty
(30) days after delivery of such Service or Deliverable to Client or with
respect to changes made by any Person other than LastTech or at LastTech's
direction.
9.2
EXCEPT FOR THE WARRANTIES MADE BY
SERVICE PROVIDER HEREIN, WHICH ARE LIMITED WARRANTIES AND THE ONLY WARRANTIES
PROVIDED TO CLIENT, THE SERVICES AND DELIVERABLES ARE PROVIDED STRICTLY
"AS-IS." SERVICE PROVIDER DOES NOT MAKE
ANY ADDITIONAL WARRANTIES, EXPRESSED, IMPLIED, ARISING FROM A COURSE OF DEALING
OR USAGE OF TRADE, OR STATUTORY, AS TO THE DELIVERABLES OR SERVICES PROVIDED
HEREUNDER, OR ANY MATTER WHATSOEVER. NOTWITHSTANDING THE ABOVE, TO THE MAXIMUM
EXTENT PERMITTED BY LAW, ALL OTHER WARRANTIES, WHETHER STATUTORY, EXPRESS OR
IMPLIED, INCLUDING ANY WARRANTIES OF QUALITY, DURABILITY, FITNESS FOR
PARTICULAR PURPOSE, MERCHANTABILITY, INFRINGEMENT, CONTINUOUS USE, DESIGN,
COMPLIANCE WITH APPLICABLE LAW, PERFORMANCE OR ERROR-FREE OPERATION ARE
DISCLAIMED IN THEIR ENTIRETY
NEITHER THIS MSA NOR ANY SOW SHALL
CONSTITUTE A WARRANTY REGARDING THE SECURITY OF CLIENT'S DATA. CLIENT
UNDERSTANDS AND AGREES THAT CYBERSECURITY IS CONSTANTLY EVOLVING AND THAT
NEITHER SERVICE PROVIDER'S SERVICES NOR ANY THIRD-PARTY SERVICES CAN PREVENT
ALL CYBERSECURITY INCIDENTS. ABSENT AN SOW DEALING WITH CYBERSECURITY, SERVICE
PROVIDER DOES NOT OBLIGATE ITSELF TO DESIGN, ADVISE OR IMPLEMENT
ADMINISTRATIVE, PHYSICAL OR TECHNICAL SAFEGUARDS TO PROTECT AGAINST
UNAUTHORIZED ACCESS, DISCLOSURE OR USE OF PERSONALLY IDENTIFIABLE INFORMATION
MAINTAINED BY CLIENT.
10.
Indemnification.
10.1
Each Party (the "Indemnifying Party") shall to the fullest extent permitted by law
defend, indemnify and hold harmless the other Party and such Party's Affiliates
and their officers, directors, employees, agents, successors, consultants,
shareholders, members, nominees and permitted assigns (each, an "Indemnitee") from and against all
Losses awarded against a Indemnitee in a final judgment arising out of or
resulting from any third party claim, suit, action or proceeding (each, an "Action") arising out of or resulting
from bodily injury, death of any person or damage to real or tangible, personal
property resulting from the willful, fraudulent or grossly negligent acts or
omissions of the Indemnifying Party or the Indemnifying Party's personnel.
10.2
Client shall to the fullest extent
permitted by law defend, indemnify and hold harmless LastTech from any and all
liabilities, damages (including, without limitation, direct, special and
consequential damages), costs, expenses, suits, civil or alternative dispute
resolution proceeding, losses, claims, actions, violations, fines and penalties
(including without limitation, court costs, reasonable attorney's fees and any
other reasonable costs of litigation)) that LastTech may suffer, sustain or
incur to the extent directly caused by the negligence or willful misconduct by
Client or Client's Affiliates and their officers, employees, agents,
successors, consultants, shareholders, members, nominees and permitted assigns arising
out of this Agreement.
10.3
Additionally, Client shall indemnify LastTech
from any and all claims filed by third parties for damage, compromise or loss
of data, including without limitation HIPPS or privacy claims, prior to the
completion of Client onboarding by LastTech and for any claim for damage or
loss that could have been prevented but for Client's written declination of
products or services recommended by service provider.
10.4
An Indemnitee seeking indemnification
hereunder shall promptly notify the Indemnifying Party in writing of any Action
and cooperate with the Indemnifying Party at the Indemnifying Party's sole cost
and expense. The indemnifying Party shall immediately take control of the
defense and investigation of such Action and shall employ counsel of its choice
to handle and defend the same, at the Indemnifying Party's sole cost and
expense. The indemnifying Party shall not settle any Action in a manner that
adversely affects the rights of the Indemnitee without the Indemnitee's prior
written consent, which shall not be unreasonably withheld or delayed. The
Indemnitee's failure to perform any obligations under this Section 10.2 shall
not relieve the Indemnifying Party of its obligations under this Section 10.2
except to the extent that the Indemnifying Party can demonstrate that it has
been materially prejudiced as a result of such failure. The Indemnitee may
participate in and observe the proceedings at its own cost and expense.
11.
LIMITATION OF
LIABILITY.
11.1
THIS SECTION LIMITS THE LIABILITIES
ARISING UNDER THIS AGREEMENT OR ANY SOW AND IS A BARGAINED-FOR AND MATERIAL
PART OF THIS AGREEMENT. CLIENT
ACKNOWLEDGES AND AGREES THAT LASTTECH WOULD NOT ENTER INTO THIS AGREEMENT
UNLESS IT COULD RELY ON THE LIMITATIONS DESCRIBED IN THIS PARAGRAPH. IT IS
AGREED THAT PRIOR TO AND DURING ANY ONBOARDING PERIOD, LASTTECH WILL NOT BE
LIABLE UNDER ANY CIRCUMSTANCES FOR ANY DELAYS OR DEFICIENCIES, ANY VIRUSES,
BREACHES, HIDDEN MALWARE, OR OTHER CYBER-ATTACKS ON THE SYSTEM. LASTTECH DOES
NOT ASSUME ANY RESPONSIBILITY OR LIABILITY WHERE THE SYSTEM IS, OR HAS BEEN,
COMPROMISED PRIOR TO COMPLETION OF CLIENT ONBOARDING AS ALL NETWORK
FUNCTIONALITY AND SECURITY ARE SOLELY THE RESPONSIBILITY OF CLIENT PRIOR TO
COMPLETION OF LASTTECH ONBOARDING. CLIENT UNDERSTANDS THIS AND AGREES IT WILL
NOT FILE A CLAIM AGAINST LASTTECH OR ITS INSURANCE PROVIDER FOR ANY DAMAGE
WHATSOEVER, REGARDLESS OF CAUSE, FOR ANY DAMAGE THAT OCCURRED PRIOR TO THE
COMPLETION OF LASTTECH ONBOARDING. CLIENT ACKNOWLEDGES AND AGREES THAT LASTTECH
WILL NOT BE RESPONSIBLE UNDER ANY CIRCUMSTANCES FOR DELAYS OR DEFICIENCIES IN
THE PROVISION OF, OR ACCESS TO, THE SERVICES TO THE EXTENT THAT SUCH DELAYS OR
DEFICIENCIES ARE CAUSED IN WHOLE OR IN PART BY ACTS OR OMISSIONS OF CLIENT,
CLIENT'S AGENTS, VENDORS, LICENSORS, CONTRACTORS, EMPLOYEES, OFFICERS,
DIRECTORS.
11.2
CLIENT AND ANY OF THEIR AFFILIATES AND
EACH OF THEIR RESPECTIVE AGENCIES, EMPLOYEES, OFFICERS, DIRECTORS, MEMBERS,
SHAREHOLDERS, NOMINEES, CONSULTANTS, SUCCESSORS AND ASSIGNS (COLLECTIVELY, THE
"RELEASOR PARTIES") AGREES TO THE FULLEST EXTENT PERMITTED BY LAW AND EXCEPT AS
OTHERWISE NOTED IN THIS AGREEMENT, TO
RELEASE LASTTECH AND ITS AFFILIATES AND EACH OF THEIR RESPECTIVE AGENCIES,
EMPLOYEES, OFFICERS, DIRECTORS, MEMBERS, EMPLOYEES, SHAREHOLDERS, NOMINEES,
CONSULTANTS, SUCCESSORS AND ASSIGNS (COLLECTIVELY, THE "RELEASED PARTIES") FROM
ANY AND ALL ACTIONS OR INACTIONS, ANY AND ALL SPECIAL, INCIDENTAL OR
CONSEQUENTIAL DAMAGES, INDIRECT DAMAGES, LOSS OF GOOD WILL OR BUSINESS PROFITS,
WORK STOPPAGE, DATA LOSS, COMPUTER FAILURE OR MALFUNCTION, ANY AND ALL OTHER
COMMERCIAL DAMAGES OR LOSS, OR EXEMPLARY OR PUNITIVE DAMAGES. UNDER NO CIRCUMSTANCES,
REGARDLESS OF THE NATURE OF THE CLAIM (IN CONTRACT, TORT OT OTHERWISE) SHALL LASTTECH's
AGGREGATE LIABILITY ARISING FROM, OUT OF, OR RELATING TO THIS AGREEMENT EXCEED
THE FEES ACTUALLY PAID TO LASTTECH UNDER THIS AGREEMENT FOR THE PREVIOUS THREE
(3) MONTHS. ADDITIONALLY, LASTTECH SHALL HAVE NO LIABILITY WHATSOEVER FOR ANY
DAMAGE OR LOSS CAUSED THAT COULD HAVE BEEN PREVENTED BUT FOR CLIENT'S WRITTEN
DECLINATION OF RECOMMENDED PRODUCTS OR SERVICES BY LASTTECH.
12.
Non-Solicitation. During the Term of
this Agreement and for a period of twelve (12) months thereafter, both Parties
shall not, directly or indirectly, in any manner solicit, or induce for
employment, or hire any person who performed any work under this Agreement on
behalf of the other Party. The Parties mutually agree that in the event of
Client's breach of this non-solicitation provision, Client shall pay to
LastTech liquidated damages in the amount of One Hundred Fifty Thousand and
00/100 Dollars ($150,000.00) per occurrence for breach of this Section.
13.
Non-Exclusivity. LastTech retains the right to perform the same or similar type of
services for any third parties during the Term of this Agreement.
14.
Force Majeure.
14.1
No Party shall be liable or responsible
to the other Party, nor be deemed to have defaulted under or breached this
Agreement or a Statement of Work, for any failure or delay in fulfilling or
performing any term of this Agreement or a Statement of Work (except for any
obligations for Client to make payments to LastTech hereunder and/or in any
Statement of Work), when and to the extent such failure or delay is caused by
or results from acts beyond the affected Party's reasonable control (a "Force Majeure Event"), including,
without limitation: (a) nature disaster; (b) flood, fire or explosion; (c) war,
invasion, riot or other civil unrest; (d) actions, embargoes or blockades in
effect on or after the date of this Agreement; (e) national or regional
emergency; (f) strikes, labor stoppages or slowdowns or other industrial
disturbances; (g) compliance with any law or governmental order, rule,
regulation or direction, or any action taken by a governmental or public
authority, including but not limited to imposing an embargo, export or import
restriction, quota or other restriction or prohibition, or failing to grant a
necessary license or consent; (h) shortage of adequate power or
telecommunications or transportation facilities; or (i) global pandemic. A
Party whose performance is affected by a Force Majeure Event shall give notice
to the other Party, stating the period of time the occurrence is expected to
continue and shall use diligent efforts to end the failure or delay and
minimize the effects of such Force Majeure Event.
14.2
During the Force Majeure Event, the
non-affected Party may similarly suspend its performance obligations until such
time as the affected Party resumes performance.
14.3
The non-affected Party may terminate
this Agreement and any affected Statement of Work if such failure or delay
continues for a period of thirty (30) days or more and, if the non-affected
Party is the Client, receive a refund of any amounts paid to LastTech in
advance for the affected Services. Unless this Agreement is terminated in
accordance with this Section 14.3, the Term of this Agreement and any affected
shall be automatically extended by a period equal to the period of suspension.
15.
Equipment. LastTech is the sole and exclusive owner
of all right, title, and interest in and to any and all equipment provided by
LastTech to the Client under this agreement. The Client must: (a) return to
LastTech all equipment provided under this Agreement at the conclusion of this
Agreement or the termination of this Agreement; (b) repair or pay for the
repair of any and all equipment under this Agreement during the term of this
Agreement, normal wear and tear excepted; and (c) reimburse LastTech for any
and all damage to any and all equipment under this Agreement that is discovered
after the return of the equipment to LastTech, normal wear and tear excepted.
Notwithstanding any of the foregoing, LastTech may at its discretion sell
equipment to the Client pursuant to a written agreement.
16. Third Party Materials. Unless otherwise set forth in an SOW, if LastTech is required to purchase any additional third-party software, hardware, equipment or replacement parts, etc. (collectively "Materials") to service Client, LastTech will invoice Client for the Materials on a monthly or annually basis based upon usage. LastTech will pass through the terms of any license agreement for third-party Materials and Client understands and agrees its right to use the third-party software is subject to its agreement and compliance with the third-party license agreements, which LastTech does not have authority to vary, alter or amend. Any objection to such third-party license agreements must be raised before installation and use of such third-party Materials. Client's use of such Materials will constitute acceptance of the license terms and conditions. Client will retain the duty and obligation to monitor Client's equipment for the installation of unlicensed software.
17. Miscellaneous.
17.1
Further Assurances. Each Party shall, upon the reasonable
request, and at the sole cost and expense, of the other Party, promptly execute
such documents and perform such acts as may be necessary to give full effect to
the terms of this Agreement.
17.2
Relationship of Parties. The relationship between the Parties
is that of independent contractors. Nothing contained in this Agreement shall
be construed as creating any agency, partnership, joint venture or other form
of joint enterprise, employment or fiduciary relationship between the Parties
and neither Party shall have authority to contract for or bind the other Party
in any manner whatsoever.
17.3
Publicity. Neither Party shall issue or release
any announcement, statement, press release or other publicity or marketing
materials relating to this Agreement, or otherwise use the other Party's trademarks,
service marks, trade names, logos, symbols or brand names, in each case,
without the prior written consent of the other Party, which shall not be
unreasonably withheld or delayed. Any reviews of, written communication, or
recordings left or sent discussing LastTech's service will constitute approval
of use of the Client's logos, name, or likeness for marketing or other
purposes.
17.4
Notices. All notices, requests, consents,
claims, demands, waivers and other communications hereunder shall be in writing
and shall be deemed to have been given (a) when delivered by hand (with written
confirmation of receipt); (b) when received by the addressee if sent by a
nationally recognized overnight courier (receipt requested); (c) on the date
sent by facsimile (with confirmation of transmission) if sent during normal
business hours of the recipient, and on the next Business Day if sent after
normal business hours of the recipient; or (d) on the third day after the date
mailed, by certified or registered mail, return receipt requested, postage
prepaid. Such communications must be sent to the respective Parties at the
addresses indicated below (or at such other address for a Party as shall be
specified in a notice given in accordance with this Section 16.4.
If to LastTech:
LastTech
1350 Avenue of the Americas, Fl 2
New York, NY 10019
Attn: Brad Lassiter, CEO
If to Client:
Client Primary Address on Statement of Work.
17.5
Entire Agreement. This Agreement, together with the
Exhibits, and Addendums, and all Statement of Works, and any other documents
incorporated herein by reference, constitutes the sole and entire agreement of
the Parties to this Agreement with respect to the subject matter contained
herein, and supersedes all prior and contemporaneous understandings and
agreements, both written and oral, with respect to such subject matter. In the
event of any conflict between the terms and provisions of this Agreement, and
any Statement of Work, the following order of precedence shall govern: (a)
first, the applicable Statement of Work, and (b) second, this Agreement. Any
new version of this Agreement which is signed or posted on LastTech's client
portal will supersede and replace any previous MSA retroactively for all
services provided.
17.6
Assignment. Neither Party may assign, transfer or
delegate any or all of its rights or obligations under this Agreement, without
the prior written consent of the other Party, which consent shall not be
unreasonably withheld or delayed; provided, that, upon prior written notice (in
accordance with section 16.4) to the Client, LastTech may assign the Agreement
to an Affiliate or to a successor of all or substantially all of the assets of
LastTech through merger, reorganization, consolidation or acquisition. Any attempted
assignment, transfer or other conveyance in violation of the foregoing shall be
null and void. This Agreement shall be binding upon and shall inure to the
benefit of the Parties hereto and their respective successors and permitted
assigns.
17.7
No Third-Party Beneficiaries. This Agreement is
for the sole benefit of the Parties hereto and their respective successors and
permitted assigns and nothing herein, express or implied, is intended to or
shall confer upon any other Person any legal or equitable right, benefit or remedy
of any nature whatsoever, under or by reason of this Agreement.
17.8
Recording of Conversations. For training and
quality purposes, each Party to this MSA acknowledges and agrees to the tape
recording of conversations between the Parties.
17.9
Amendments. This Agreement may only be amended,
modified or supplemented by an agreement in writing signed by each Party
hereto. No waiver by any Party of any of the provisions hereof shall be
effective unless explicitly set forth in writing and signed by the Party so
waiving. Except as otherwise set forth in this Agreement, no failure to
exercise, or delay in exercising, any rights, remedy, power or privilege
arising from this Agreement shall operate or be construed as a waiver thereof;
nor shall any single or partial exercise of any right, remedy, power or
privilege hereunder preclude any other or further exercise thereof or the
exercise of any other right, remedy, power or privilege.
17.10
Severability. If any term or provision of this
Agreement is invalid, illegal or unenforceable in any jurisdiction, such
invalidity, illegality or unenforceability shall not affect any other term or
provision of this Agreement or invalidate or render unenforceable such term or
provision in any other jurisdiction. Upon such determination that any term or
other provision is invalid, illegal or unenforceable, the Parties hereto shall
negotiate in good faith to modify this Agreement so as to affect the original
intent of the Parties as closely as possible in a mutually acceptable manner in
order that the transactions contemplated hereby be consummated as originally
contemplated to the greatest extent possible.
17.11
Choice of Law and Venue. This Agreement shall be governed by
and construed in accordance with the internal laws of the State of New York
without giving effect to any choice or conflict of law provision or rule
(whether of the State of New York or any other jurisdiction) that would cause
the application of Laws of any jurisdiction other than those of the State of
New York. Any legal suit, action or proceeding arising out of or related to
this Agreement or the Services provided hereunder shall be instituted
exclusively in the federal courts of the United States or the courts of the
State of New York in each case located in the City of New York, and each Party
irrevocably submits to the exclusive jurisdiction of such courts in any such
suit, action or proceeding. Service of process, summons, notice or other
document by mail to such Party's address set forth herein shall be effective
service of process for any suit, action or other proceeding brought in any such
court.
17.12
Disputes. In the event that a dispute arises
between the Parties in connection with, out of, or under this Agreement, the
Parties agree to attempt initially to settle such dispute between themselves by
conducting good faith negotiation and consultation. If the Parties are unable
to settle the matter between themselves and at least thirty (30) days have
elapsed since initial notification of the dispute pursuant to Section 16.4, the
matter shall thereafter be resolved by alternative dispute resolution, starting
with mediation pursuant to the Commercial Mediation Procedures of the American
Arbitration Association (the "AAA"), and including, if necessary, a
final and binding arbitration in accordance with the Expedited Procedures of
the Commercial Arbitration rules of the AAA. Each such arbitration shall be
conducted by a panel of three arbitrators: one arbitrator shall be appointed by
each of Client and LastTech, and the third shall be appointed by the American
Arbitration Association. To the extent that the AAA Procedures and this
Agreement are in conflict, the terms of this Agreement shall control, and the
arbitrators shall be bound by the expressed terms of this Agreement. The
Parties agree that each party shall bear their own costs in connection to any
of the remedial activities set forth in this Section.
17.13
WAIVER OF JURY TRIAL. EACH PARTY ACKNOWLEDGES THAT ANY
CONTROVERSY THAT MAY ARISE UNDER THIS AGREEMENT, INCLUDING EXHIBITS, SCHEDULES,
ATTACHMENTS, AND APPENDICES ATTACHED TO THIS AGREEMENT, IS LIKELY TO INVOLVE
COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY
AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT
OF ANY LEGAL ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT, INCLUDING ANY
EXHIBITS, SCHEDULES, ATTACHMENTS OR APPENDICES ATTACHED TO THIS AGREEMENT, OR
THE TRANSACTIONS CONTEMPLATED HEREBY.
17.14
Equitable Relief. Each Party acknowledges that a breach
by a Party of Section 7 (Intellectual Property Rights; Ownership) or Section 8
(Confidential Information and Non-Disclosure) may cause the non-breaching Party
irreparable damages, for which an award of damages would not be adequate
compensation and agrees that, in the event of such breach or threatened breach,
the non-breaching Party will be entitled to seek equitable relief, including a
restraining order, injunctive relief, specific performance and any other relief
that may be available from any court, in addition to any other remedy to which
the non-breaching Party may be entitled at law or in equity. Such remedies
shall not be deemed to be exclusive but shall be in addition to all other
remedies available at law or in equity, subject to any express exclusions or
limitations in this Agreement to the contrary.
17.15
Attorneys' Fees. In the event that any action, suit, or
other legal or administrative proceeding is instituted or commenced by either
Party hereto against the other Party arising out of or related to this
Agreement, the prevailing Party shall be entitled to recover its actual
attorneys' fees and court costs from the non-prevailing Party.
17.16
Counterparts. This Agreement may be executed in
counterparts, each of which shall be deemed an original, but all of which
together shall be deemed to be one and the same agreement. A signed copy of
this Agreement delivered by facsimile, e-mail or other means of electronic
transmission shall be deemed to have the same legal effect as delivery of an
original signed copy of this Agreement.
17.17
Perks and Freebies. In the event that Client receives any
add-on services or perks at no cost from LastTech through a promotion or any
other means, that add-on service or perk does not entitle Client to continued
access and use of the add-on service or perk. LastTech retains the right to
terminate at any time any add-on services or perks it is providing at no cost
to Client.
17.18
Autorenewal. This Agreement along with all executed
Statements of Work will automatically renew for another three (3) year term after
the term noted in the individual Statement of Work(s) expires unless either
party gives notice of its wish to terminate sixty (60) days prior to, but no
more than ninety (90) days prior to the expiration date of the initial term.
The agreement and executed Statement of Works shall remain in effect unless
modified.
(Intentionally Left Blank; Signature
Page to Follow)
IN WITNESS WHEREOF, the Parties hereto have
executed this Master Services Agreement as of the date first above written.
LastTech LLC
By: |
|
Name: |
|
Title: |
|
Date: |
|
Client: ____________________
By: |
|
Name: |
|
Title: |
|
Date: |
|
Exhibit A - Sales Terms
1.
Service Change Requests and Orders.
1.1
If either Party wishes to change the
scope or performance of the Services, it shall submit details of the
requested change to the other Party in writing
(a "Service Change Request").
LastTech shall, within a reasonable time after such request (and, if such
request is initiated by Client, not more than ten (10) business days after
receipt of Client's written request), provide a written estimate to Client of:
(a)
the likely time required to implement
the change;
(b)
any necessary variations to the fees and
other charges for the Services arising from the change;
(c)
the likely effect of the change on the
Services; and
(d)
any other impact the change might have
on the performance of this Agreement.
2.
Insurance.
2.1
At all times during the Term, LastTech
shall procure and maintain, at its sole cost and expense, at least the
following types and amounts of insurance coverage:
(a)
Commercial General Liability including
bodily injury and property damage and products and completed operations and
advertising liability;
(b)
Worker's Compensation not less than the
minimum amount required by applicable law;
2.2
Upon the written request of Client,
LastTech shall provide Client with copies of the certificates of insurance and
policy endorsements for all insurance coverage required by this Section 2. This
Section 2 shall not be construed in any manner as waiving, restricting, or
limiting the liability of either Party for any obligations imposed under the
MSA (including but not limited to, any provisions requiring a Party hereto to
indemnify, defend and hold the other harmless under the MSA).
3.
Equipment Policy.
Equipment included in all Statement of Works
is subject to continued availability and is based on distributor/manufacturer
pricing quoted to LastTech and used to determine the Statement of Work. Final
prices for equipment are subject to those in effect at the time of final
agreement by Client. Product ship time for standard shipping on in-stock
equipment is typically five (5) to seven (7) business days to arrive at
LastTech. Please note that product ship time is not included in the product
build time quoted to Client.
(a)
For Managed
and Hosting Services Clients only, equipment shall be ordered once Client
has electronically approved equipment quote. Upon LastTech's receipt of the
approved equipment quote, LastTech shall order the equipment and then invoice
the Client.
(b)
Any installation or delivery of
equipment to Client will only be scheduled once full payment for equipment has
been received by LastTech and the complete equipment order's arrival to
LastTech.
(c)
LastTech must receive payment for
equipment invoiced within fifteen (15)
days of invoice date. No equipment shall be ordered unless full payment for
equipment has been received by LastTech.
(d)
Cancellation invoices will include a seventy-five dollars ($75.00) cancellation fee OR a 30%
restocking fee plus the cost of returning the equipment to the distributor.
Cancellation invoices will be assessed for any cancelled or unpaid approved
equipment orders. The cancellation invoice must be paid thirty (30) days from
date of invoice or support services will be suspended until payment has been
received.
(e)
Equipment listed in the LastTech equipment
Statement of Works is considered recommended and approved by LastTech. Any
equipment purchased through a third-party vendor is not considered recommended
by LastTech. Installation of third-party equipment no matter the services level
is not included and will be billed hourly as a Project.
(f)
LastTech does not quote refurbished
equipment. LastTech does not recommend using refurbished equipment.
(g)
All equipment quoted by LastTech is to
the specifications Client has provided to LastTech and LastTech's assessment of
Client's current IT environment. LastTech does not provide model or part
numbers for equipment quoted.
(h)
LastTech does not keep any equipment
"in-stock" due to the wide variance between Client environments and needs. In
case of critical hardware failure, as defined by LastTech, LastTech will
provide Client the option of purchasing necessary equipment from a local
source, if available. If LastTech is requested to pick up equipment from a
local source, additional charges will apply for the time and trip to pick up
the equipment.
(i)
Manufacturers' warranties are provided
for equipment purchased through LastTech, if available. Additional warranties
may be purchased through LastTech if requested and are available from the
manufacturer.
(j)
For Managed
Services Clients, labor for replacing supported equipment that is necessary
to maintain the current IT environment (i.e., a crashed computer) is not
considered billable. New equipment that is to update/refresh or is an addition
to the current IT environment is considered billable.
(k)
For Managed
Services Clients, installation of monitoring agent and antivirus for newly
monitored machines is not billable. Setup of anything additional including new
users, peripherals, networking and servers is based on each Client's Statement
of Work.
(l)
For all clients, return policy on opened
equipment will be determined by the manufacturer/distributor.
(m)
For all client(s), LastTech is not
responsible for notifying of warranty expirations.
4.
General/Billing.
(a)
If LastTech determines a ticket request
is a separate Project (as described in the Client's Statement of Work),
LastTech will obtain the Client's approval before moving forward. As a rule of
thumb, we follow the "3 5's rule" when deciphering what is or isn't a project.
If it will take more than 5 hours, includes more than 5 steps, or affects more
than 5 users, it is a project. The "3 5's rule" excludes onboarding and
structured cabling. All onboarding fees are due before work can begin.
(b)
At all times during the life of the
contract, Client must maintain at least 75% of what was on the initial contract
as defined in the Statement of Work.
(c)
The following will always be considered
Projects as they are considered outside of the scope of Managed Services and
billable at the rates listed below: pre-existing issues, any items not listed
in your signed SOW, major application upgrades, new or replacement software,
administrative or clerical work, cabling, and any time for training. Please
follow up with your Client Relationship Manager for more details.
(d)
A Statement of Work must be executed by
both Parties before LastTech initiates work on the Project or Services
described in the Statement of Work.
(e)
If a LastTech technician works with the
Client, all time spent working on the issue will be entered into the ticket and
will be billed according to the Client's agreement with LastTech.
(f)
Client must provide each Statement of
Work to its applicable employees.
(g)
Client must return to LastTech the
completed Onboarding/Project Documents before LastTech can schedule turn-up of
Client sites.
(h)
Only management approved users may
approve Client quotes and/or Statement of Works and/or authorize charges by
payment methods kept on file with LastTech.
i) Professional
Services Projects will be billed as follows: 100% of hardware and software
costs upfront. 50% of labor costs upfront. 50% of labor costs at completion.
(j)
LastTech accepts ACH (no fee) and cards
(3% processing fee) as forms of payment.
(k)
Client agrees that any invoices over
thirty (30) days past due may be charged to the current payment method on file
with LastTech.
(l)
Client may dispute any billable time
within thirty (s) days receipt of the invoice. All time and costs that remain
undisputed thirty (30) days after the invoice has been received by Client are
considered final.
(m)
LastTech and Client have thirty (30)
days from date of Client's notification of dispute to resolve the dispute or
the charges will be considered final and due immediately.
(n)
All outstanding invoices must be paid
before LastTech will release any passwords and documentation at the termination
of services. LastTech will keep Client's data and documentation for no more
than 30 days after Client's last day.
(o)
Any assistance with third party vendors
in connection with the termination of services with LastTech is considered
billable.
(p)
Client must provide LastTech with sixty
(60) days' notice of Client office location moves and/or third-party vendor
changes that effect the technology environment supported by LastTech.
(q)
In the event Client does not have a
support contract that covers travel with LastTech, Client agrees to reimburse
LastTech for all actual, documented and reasonable travel and out-of-pocket
expenses incurred by LastTech in connection with the performance of the
Services; provided, that, such expenses conform to LastTech's Travel and
Expense Policy in effect as set forth in Exhibit B - Travel Expense Policy.
(r)
After the initial twelve (12) months of
the Term, for Services provided, LastTech may increase its standard fee rates
specified in the applicable Statement of Work upon written notice (in
accordance with section 16.4) to Client; provided, that:
o
LastTech provides Client written notice
(in accordance with section 16.4) of such increase at least thirty (30) days
prior to the effective date of such increase; such increases occur no more
frequently than once per contract year of the Term.
(s)
The following discounts and/or
additional fees apply to all applicable Statement of Works:
o
A three percent (3%) late fee will be assessed
on all invoices where payment is not received within thirty days (30) days
after Client receipt of invoice. All other invoices will be assessed a three
percent (3%) late fee if payment is not received within thirty (30) days of
LastTech issuing the invoice.
(t)
The following general rates* will apply to all
applicable services during business hours:
o
a rate of $150 per hour will be charged
for tier 1 technician level support
o
a rate of $200 per hour will be charged
for tier 2 technician level support
o
a rate of $250 per hour will be charged
for tier 3 technician level support
o
a rate of $250 per hour will be charged
for all training
o
a rate of $225 per hour will be charged
for all project management
o
a rate of $250 per hour will be charged
for CTO services
o
a rate of $350 per hour will be charged
for direct requested escalation to Team Lead
o
a rate of $500 per hour will be charged
for consulting with our CEO
o
a rate of $50 per recording will be
charged for voiceover services
o
a rate of $125 per new VoIP phone setup
o
a rate of $25 per hard drive destruction
o
a rate of $375 per computer will be
charged for all New Computer Setups
o
a rate of $350 per hour will be charged
with a 1 hour minimum will be charged for any action taken in response to a
voicemail left on our emergency line
*Note: after hours will be billed at a time
and a half. Holidays will be billed at double time.
*Note: all onsite work is billed at a minimum
of 2 hours and then 15 minute increments after that, if not under a Managed
Services contract that includes onsite support.
*Note: general rates are specific to the
Clients SOW. The general rates lised
above in the Sales Terms are for reference to LastTech's general rates and may
vary according to each SOW.
(u)
Projects that involve adding products,
machines, services, etc., will require all products, machines, services, etc.
to be billed throughout the course of the project.
(v)
LastTech may increase rates for products
provided by third party vendors in the event that the third part vendor raises
their pricing. This increase is considered separate from section R of Sales
Terms.
(w)
Client shall be obligated to adhere to
Microsoft's Services Agreement, which can be found here: https://www.microsoft.com/en-us/servicesagreement/default.aspx. Any changes to Microsoft's pricing will be reflected on client's
invoice.
(x)
Client agrees to use automatic payment
via LastTech's payment portal for any recurring service charges on their
account to be automatically drafted on the due date.
Exhibit B - Travel Expense Policy
By execution of the applicable Statement of
Work and/or MSA with LastTech, the Client hereby agrees to the following terms
for the travel and expenses of LastTech Personnel. Any terms capitalized but
not defined herein shall have the meanings attributed to them in the MSA or
applicable Statement of Work.
Trip
Fees
T1. Project Trips Fees:
o
Where a trip is required, All Additional
Billable Projects will be charged $55 per hour, in 15-minute increments, plus
mileage for each trip to client's office (unless otherwise specified in the
Statement of Work/SOW)
o
Clients with Managed Services packages
that do not include onsite support will be charged $55 per hour, in 15-minute
increments, plus mileage for each trip to client's office.
o
LastTech uses IRS published rates for
mileage
o
Parking is not included in any Managed
Services package or Projects. Parking will be invoiced to the client at the
rate paid upon LastTech's employee arrival.
Air Travel
A1. Class of Service:
o
All flights under 8 hours will be booked in
coach.
o
Flights over 8 hours (one direction) can
be booked in business class. A2. Booking in Advance:
o
LastTech Personnel will book air travel as
early as practical to take advantage of lower pricing.
Lodging
L1. Preferred Hotels
o
Client will be asked to assist in identifying
preferred hotels near their offices and may work with the LastTech travel
coordinator to ensure preferred rates are provided LastTech employees when
available.
Ground Transportation
G1. Class of Rail Service
o
Rail service will be booked in coach unless
the trip is more than four hours one way.
G2. Rental Cars
o
Class of car should be intermediate or
lower unless more than three individuals are traveling together.
G3. Personal or Company Vehicles
o
Use of personal or company vehicles for
business will be reimbursed on a rate per mile for business travel.
o
Mileage to airport is reimbursed net of
the employee's normal commute to the office.
G4. Tolls and parking
o
All tolls and parking fees relating to
business travel will be reimbursed by Client.
Meals
M1. Daily maximum
o
Actual meal costs will be reimbursed up
to the maximum of $50 per person per day (plus tips) in North America and
Canada ($100 per day in New York City, San Francisco, Boston, Los Angeles,
Miami, D.C. and Toronto).
o
Outside of North America actual meal
costs will be reimbursed up to $125 USD equivalent M2. Tips
o
Tips will be reasonable in accordance
with local customs.