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BUSINESS RECORDS CORPORATION HARDWARE MAINTENANCE AGREEMENT: PARTS ONLY OPTION THIS HARDWAREMAINTEN~CE: PARTS ONLY AGREEMENT (the "Agreement") is made and entered in this April 1o %991, by and between Business Records Corporation, a Delaware corpOrati6n, having a prinCipal place of business at 7030 Fly Road, East Syracuse, New York 13057 ("BRC"), and Cabarrus County Board of Elections., a Municipal Corporation and having its principal place of business at 755 Ca_w~rr,,~ North Carolina 28026 ("Customer"). In consideration of the mutual covenants herein contained, the parties hereby agree-as follows: 1. Term and Termination. Customer agrees to contract with BRC for a period of one year commencing on APril 1, 1991 , for Parts-Only for the following PBC IIID instruments owned by maintenance coverage the Customer (hereinafter "Products"): TYPE ~o. OF UNITS SERIAL NO. I~DCATION PBC IIID 35 Cabarrus County Board of Elections Cabarrus, NC 28026 (704) The Agreement will be renewed automatically on each annual renewal date for additional contract term of at BRC's current one year Agreement parts-only service Rate, unless the Customer notifies BRC in writing of Customer's intent to cancel such Agreement at least thirty (30) days prior to the expiration of the Agreement in effect at that time. BRC agrees to notify the Customer in writing of any price increase in the Parts Only Service Agreement rate 60 days prior to the effective date of any such increase. BRC agrees that any annual increase will not exceed 12%. This Agreement may be terminated by either of the parties as follows: (i) immediately upon delivery of written notice by BRC of its intent to terminate, if Customer shall assign, delegate or otherwise transfer this Agreement or of its rights or obligations any under this Agreement; (ii) by either party, if that party delivers written notice to the other party that the other party is in breach of days after the deliYery of the notice; or (iii) by either party, if a party delivers written notice to the other party that an assignment has been made of the business of the other party for the benefit of creditors, or a receiver, trustee in bankruptcy or similar officer shall be appointed to take charge of the property of the other party is adjudged a bankrupt, provided such assignment, appointment, .or judgement is not remedied or reversed within twenty (20) days of delivery of the notice.