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Agenda - Council - 09/12/2017
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Agenda - Council - 09/12/2017
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3/17/2025 3:37:55 PM
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9/13/2017 9:03:47 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/12/2017
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4. Termination. Either party may terminate this Agreement if the other party (i) fails to <br />perform any material obligation under this Agreement and (ii) does not correct such failure <br />within seven (7) days after having received written notice of such failure. Additionally, either <br />party may terminate this Agreement for its convenience upon thirty (30) days' prior written <br />notice to the other party. Upon any termination under this Section 4, Company shall promptly <br />pay University for all Services rendered and costs incurred up to and including the effective date of <br />termination. <br />5. DISCLAIMER OF WARRANTIES. UNIVERSITY MAKES NO <br />WARRANTIES, EXPRESS OR IMPLIED, AS TO ANY MATTER WHATSOEVER, <br />INCLUDING WITHOUT LIMITATION, THE CONDITION, ORIGINALITY OR <br />ACCURACY OF THE SERVICES PERFORMED OR DELIVERABLES PROVIDED UNDER <br />THIS AGREEMENT. UNIVERSITY EXPRESSLY DISCLAIMS WARRANTIES OF <br />MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. <br />6. LIMITATION OF LIABILITY FOR BREACH OF CONTRACT. IN NO <br />EVENT SHALL EITHER PARTY'S LIABILITY FOR BREACH OF THIS AGREEMENT <br />INCLUDE DAMAGES FOR WORK STOPPAGE, LOST DATA, OR INDIRECT, <br />SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFIT), OF ANY KIND. <br />EXCEPT FOR EACH PARTY'S OBLIGATIONS UNDER SECTIONS 8.1 AND 8.2, <br />EACH PARTY'S LIABILITY TO THE OTHER FOR BREACH OF THIS AGREEMENT <br />SHALL NOT EXCEED AN AMOUNT EQUAL TO THE MONETARY CONSIDERATION <br />PAID TO UNIVERSITY UNDER THIS AGREEMENT. <br />7. Use of University Name or Logo. Company agrees not to use the name, logo, or any <br />other marks (including, but not limited to, colors and music) owned by or associated with <br />University or the name of any representative of University in any sales promotion work or <br />advertising, or in any form of publicity, without the prior written permission of University in <br />each instance. However, Company may use the name of University in a document required to be <br />filed with, or provided to, any governmental authority or regulatory agency to comply with <br />applicable legal or regulatory requirements. Company agrees to provide University with a copy <br />of any such document. <br />8. Indemnification. <br />8.1 Except as provided in Section 8.2, each party shall be responsible for its own acts <br />and omissions and the results thereof and shall not be responsible for the acts of the other party and <br />the results thereof Liability of University is subject to the terms and limitations of the Minnesota <br />Tort Claims Act, Minnesota Statutes Section 3.736, as amended. <br />8.2 In the event of (i) unauthorized use by Company (or any third party acting on <br />behalf of or under authorization from Company) of the Services or any information, reports, <br />deliverables, materials, products or other results of University's work under this Agreement or (ii) <br />Company's infringement of a third party's intellectual property rights or Company's violation of <br />any law, rule, or regulation in the provision of any materials to University, then Company shall, to <br />the extent allowed by law, indemnify, defend, and hold harmless University, its regents, faculty <br />members, students, employees, agents, contractors, and authorized volunteer workers against any <br />and all claims, costs, <br />2 <br />
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