AG 2002 04 15 (Regular) - Laserfiche WebLink

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Once revenues collected by .Technologies for ticket processing services as outlined in (1) reach the $50,000 level annually, Technologies will be entitled to' rctain the 5% of face value fcc associated with ticket processing, Cabarrus County will continue to receive the $1.00 online base fee and $2.00 telephone for all ticket transactions processes by Etix. 3. : F°ri'purposes of accounting each annual period as noted within this agreement shall begin on January 1 each year and end December 31 each year. Payments are to be made at The'aforementioned commissions shall be payable to Cabarrus regardless of thc form of payment,received by Technologies, whether in the form of cash, check, credit, services, or .any other form. 4. . ,Training and Maintenance. addition-to the foregoing, Technologies will provide Cabarrus,,with prompt set up, maintenance, training and on going support of TechnologieS isoftware and any other necessary software and all attendant equipment at no charge. Thi~ shall include, but not be limited to: ; a) Travel expenses between Technologies offices employees of.Technologies in connection with this project. and Cabarrus for : b) All other expenses for employees of Technologies in connection with this pwject. c) Out of pocket expenditures for marketing materials will be paid by Cabarrus at cost. ,.:.Cabarras will reimburse Technologies within 30 days of invoice for any collatorai' Promotional or marketing materials pre-authorized in writing by Cabarrus for purchase by Cabarms SECTION 4 - TERM AND TERMINATION 1. ;Term. The term of tl'fis agreement shall be a~ follows, unless term/hated sooner as provided herein: a) Initial Term. The Initial Term shall begin the date the arena opens and continue through the remainder of 2002 through December 31, 2002. · b) Remaining Term. The Remaining Term shall begin January 1, 2003 and continue through December 31, 2007.