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HomeMy WebLinkAboutAdden 2License Agreement Addendum This Addendum (the "Addendum") to License Agreement no. 100892 by and between the City of Renton, WA ("Customer") and Zencity Technologies US Inc. ("Zencity"), dated as of March 19, 2019 (the "License Agreement”) is entered into as of March 19, 2021 (the "Addendum Date"). All capitalized terms not defined herein shall have the meaning ascribed to such terms in the License Agreement. Whereas, the Parties wish to amend certain terms of the License Agreement as set forth herein; Now, therefore,the Parties hereto agree to amend the terms of the License Agreement as set forth below. 1.Term. The Term of the License Agreement is hereby extended for a 12-month period commencing as of March 19, 2021 and ending on March 19, 2022 (the "Renewal Term"). 2.Recurring Fees. During the Renewal Term, the Recurring Fees table included in the License Agreement shall be amended and replaced in its entirety as follows: RECURRING FEES SKU Product Description Unit Price QTY (units) Gross Price Special Discount Net Price ZC-CORE Zencity core SaaS platform allowing state and localgovernments to better understand and engage with their residents,for cities and counties with up to 150,000 residents. $48,000 1 $48,000 50%$24,000 Total Gross Price $48,000 Total Initial Term Discounts $(24,000) Total Fees $24,000 3.General. This Addendum shall form an integral part of the License Agreement. Unless expressly specified herein, all other provisions, terms and conditions in the License Agreement shall apply and shall remain in full force and effect. In case of any contradiction or discrepancy between the terms of this Addendum to those of the License Agreement, with respect to matters described herein, the terms of this Addendum shall prevail. In witness whereof, the parties have executed this Addendum, effective as of the Addendum Date. Zencity Customer DocuSign Envelope ID: EE9A64CB-6F34-4175-828F-AB0DAD7133B5 3/11/2021 Ed VanValey Chief Administration Officer Eyal Feder-Levy 3/11/2021 CEO CAG-19-069, Adden #2-21