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HomeMy WebLinkAboutTesting for Public Safety, LLC/ CFD/$14,800/Captain and Lieutenants Process AddendumCzBmmjtpoMzodi.NdHsbuibu21;32bn-Kbo3:-3135 7. PAYMENT TERMS: Upon receipt of the invoice for the services provided, as outlined in the Agreement, the City shall pay Vendor for such services within thirty-five (35) days after the date of City’s receipt of Vendor's invoice detailing same, so long as and to the extent such goods and services are not disputed, are in conformance with the specifications set forth in the Agreement and Vendor has otherwise performed and satisfied all the terms and conditions of this Addendum and the Agreement. All payments, fees, and any late payments shall be pursuant to Indiana Prompt Payment Statute; Ind. Code 5-17-5- et al. 8. REQUIRED DISCLOSURE: In addition to any exceptions to disclosing of confidential information referenced in the Agreement, the City, upon consulting and providing notice to Vendor, may disclose such confidential information if such disclosure is required by any federal or state law. The City shall not disclose any information that would be deemed proprietary or constitute a trade secret unless ordered so by a court of competent jurisdiction. 9. DEFAULT: In the event Vendor: (a) repudiates, breaches or defaults under any of the terms or conditions of this Addendum or the Agreement, including Vendor’s warranties; (b) fails to provide the goods and services as specified in this Addendum and the Agreement; (c) fails to make progress so as to endanger timely and proper provision of the goods and services and does not correct such failure or breach within five (5) business days (or such shorter period of time as is commercially reasonable under the circumstances) after receipt of notice from the City specifying such failure or breach; or (d) becomes insolvent, is placed into receivership, makes a general assignment for the benefit of creditors or dissolves, each such event constituting an event of default hereunder, City shall have the right to (1) terminate all or any parts of the Agreement and this Addendum, without liability to Vendor; and (2) exercise all other rights and remedies available to City at law and/or in equity. 2 Ejhjubmmz!tjhofe!cz!Ebwje!H/! Ebwje!H/!Ibcpvti!cz! Ibcpvti!cz!ET! ET Ebuf;!3135/16/24!23;17;68!.15(11( Nbz24-3135