HomeMy WebLinkAboutExhibit - AgreementSAAS SUBSCRIPTION AGREEMENT
Yardi Systems, Inc., a California corporation headquartered at 430 South Fairview Avenue, Goleta, CA 93117 ("Verdi"), and City of
Miami, with offices at 444 SW 2nd Ave, 3rd Floor, Miami, FL 33130-1910 ("Client" or "GSA Customer") enter into this agreement
(this "Agreement") effective as of the date executed below ("Effective Date").
RECITAL
Yardi has developed certain application software for use by its clients in the real property and asset management industry.
Yardi application software is available only in the Yardi Cloud [defined in section 1 (Definitions), below]. Client desires to access the
Yardi Cloud to use such Yardi software pursuant to this Agreement's terms.
In consideration of their respective rights and obligations as set forth in this Agreement, the parties agree as follows:
AGREEMENT
1. Definitions.
a. "Anniversary Date" means the date that is 365 days
after the Initiation Date, and each anniversary thereafter of the
date that is 365 days after the Initiation Date, during this
Agreement's Term.
b. "Internal Purposes" means accessing the Yardi
Cloud to use the Licensed Programs and Yardi Cloud Ser-
vices for Client's property management and accounting, and
related business purposes.
c. "Client Data" means the data that Designated Users
transmit and/or enter into the database provided as part of the
Yardi Cloud in connection with their Use of the Licensed Pro-
grams pursuant to this Agreement.
d. "Contractor" means a contractor who: (I) has an In-
dependent Consultant Network License Agreement with
Yardi; and (ii) is a current member in good standing of Yardi's
Independent Consultant Network.
e. "Deliverable" means any deliverable or intellectual
property delivered to Client as part of Programming Services
[defined in section 14 (Programming Services)] or other ser-
vices provided pursuant to this Agreement,
f. "Designated User" or "DU" means a Client em-
ployee, Contractors, or independent contractor designated
by Client to access the Yardi Cloud and Use the Yardi Cloud
Services and Licensed Programs for Internal Purposes.
g. "Effective Date" means the date of the last party sig-
nature on this Agreement.
h. "Fees" means the fees identified in an applicable GSA
Customer Purchase Order ("Order") due under this Agree-
ment.
"Force Majeure Event" means any event beyond the
reasonable control of the party affected by such event, includ-
ing such as acts of God, or the public enemy, acts of Govern-
ment in its sovereign or contractual capacity, fires, floods, ep-
idemics, quarantine restrictions, strikes, unusually severe
weather and delays of common carriers.
j. "Initiation Date" means the date that is 2 weeks after
the Effective Date.
k. "Licensed Programs" means the software pro-
gram(s) identified in an applicable Order.
1. "Licensed Programs Documentation" means the
user manuals and documentation for the Licensed Programs.
m, "Password" means the unique user name and pass-
word assigned by Client to each Designated User as more
fully described in section 6 (Users and Passwords).
n. "POC(s)" means the person(s) Client identifies to
Yardi as point(s) of contact for application support services
and other account management purposes.
o. "Use" means authorized access to the licensed soft-
ware in the Yardi Cloud and use of the Licensed Programs
and Licensed Program Documentation by Designated Users
solely for Internal Purposes.
p. 'Yardi Cloud" means the hardware, software, stor-
age, flrewalls, intrusion detection devices, load balancing
units, switches and other hardware that make up the Yardi
Cloud.
q. "Verdi Cloud Services" means installation, mainte-
nance and service of the hardware and software comprising
the Yardi Cloud,
2. License Grant Restrictions; Access to Yardi Cloud.
a. Licenses. Yardi grants to Client a non-excluslve, non-
transferable (except as expressly provided in this Agreement),
limited license for Designated Users to: (i) access the Yardi
Cloud and Use the Licensed Programs and Yardi Cloud Ser-
vices solely for Internal Purposes; and (ii) access the Licensed
Programs Documentation and other content on Yardi's Client
Central website solely for Internal Purposes and subject to the
terms of use then presented on Client Central. In the event of
any conflicts between the terms of this Agreement and the
terms of use then presented on Client Central, the terms of
this Agreement shall control. For the avoidance of doubt, the
parties acknowledge that an individual Designated User shall
be bound by the terms of use then presented on Client Central
to the extent such terms of use do not conflict with this Agree-
ment; provided, however, that it is acknowledged that an indi-
vidual Designated User may not have the authority to bind the
Client to the terms of use then -presented on Client Central.
b. Restrictions. Client may only exercise the license
granted in section 2(a) (Licenses) through its Designated Us-
ers. Client may not rent, lease, sell, transfer (by sublicense,
assignment or otherwise except as expressly provided by this
Agreement), time share, modify, reproduce, copy, make de-
rivative works from, distribute, publish, use to provide service
bureau services, or publicly display the Licensed Programs.
Client may only Use the Licensed Programs for Internal Pur-
Yardi Client
Page 1 of 12
Preparation Date: May 29, 2015 5:20 PM
poses. Client may not reverse engineer, decompiie or other-
wise attempt to discover the source code for the Licensed Pro-
grams. Client may not permit any person or entity to breach
the restrictions in this section 2(b) (Restrictions). Client may
not copy or re-create the Licensed Programs or its objects
without Yardi's prior express written consent. Client agrees
that the Licensed Programs must remain at all times in the
Yard( Cloud, and may not be removed or copied to any other
location at any time,
c. Access to the Yardi Cloud. Yardi will use commer-
cially reasonable efforts to make the Yardi Cloud and the Li-
censed Programs accessible to Designated Users 24-hours
per day, 7 days per week, excluding down time for mainte-
nance and repair. Yardi has standing maintenance/re-
pair/backup hours from 11:00 pm (local time at the data cen-
ter) each day to 1:00 am (local time at the data center) each
succeeding day, and an additional 2 hours for the mainte-
nance/repair/backup hours beginning at 11:00 pm (local time
at the data center) each Saturday night [i,e., the Saturday -
night -to -Sunday -morning standing maintenance/re-
pair/backup hours extend an extra 2 hours until 3:00 am (local
time at the data center) each succeeding Sunday]. Yardi will
use commercially reasonable efforts to provide as much no-
tice to Client as reasonably possible under the circumstances
for emergency maintenance/repair downtime outside the
aforementioned standing hours.
3. Term and Termination.
a. Term. This Agreement will commence on the Effective
Date and shall remain in full force until Client's 3rd Anniversary
Date (the "Initial Term") unless earlier terminated in accord
with section 3(b) (Termination).
b. Termination. When the end user is an instrumentality
of the U.S., recourse against the United States for any alleged
breach of this Agreement must be made as a dispute under
the contract Disputes Clause (Contract Disputes Act). During
any dispute under the Disputes Clause, Yardi shall proceed
diligently with performance of this contract, pending final res-
olution of any request for relief, claim, appeal, or action arising
under the contract, and comply with any decision of the Con-
tracting Officer. When the end user is not an instrumentality
of the U.S., a party may terminate upon providing the other
party written notice of the material breach and a reasonable
time to cure given the nature of the breach and industry prac-
tices and standards for cure of such a breach.
c. Effect of Termination. Upon the effective date of this
Agreement's termination or expiration: (i) the license for the
Licensed Programs and Licensed Programs Documentation
will terminate; (ii) Client will cease Use of the Yardi Cloud,
Yardi Cloud Services, Licensed Programs and Licensed Pro-
grams Documentation; and (iii) Client's access to the Yardi
Cloud and Licensed Programs will be disabled.
d. Survival. The parties' obligations under, and the pro-
visions of, sections 4 (License Fees), 8(b) (Limited Liability for
Unauthorized Client Data Access), 9 (Confidentiality), 10
(Warranties), 11 (Damage Limitations), 13 (Indemnification),
15 (Assignment) and 18 (General Provisions) shall survive
this Agreement's termination or expiration.
4. License Fees.
a. Fees. Client agrees to pay Yardi the Fees in accord-
ance with the payment terms set forth in an applicable Order
and the underlying GSA Schedule Contract.
b. Taxes. Taxes are subject to FAR 52.212-4(k) which
provides that the contract price shall include all federal, state
and local taxes and duties. Yard! shall state separately on its
invoices, taxes excluded from the fees, and the GSA Customer
agrees to either pay the amount of the taxes (based on the
current value of the equipment or services) to Yardi or provide
it evidence necessary to sustain an exemption, in accordance
with FAR 52.229-1 and FAR 52.229-3.
5. Implementation and Training.
a. Third Party Software and Hardware Requirements.
Client is solely responsible for purchasing, installing and
maintaining, at Client's expense, any third party software and
hardware necessary for Designated Users to access the Yardi
Cloud and Use the Licensed Programs and Yardi Cloud Ser-
vices. Yardi shall not be liable for any such third party software
or hardware, and Client acknowledges and agrees that any
assistance provided by Yardi in connection with such third
party software and hardware shall not alter Client's responsi-
bility or Yardi's liability disclaimer under this section 5(a) (Third
Party Software & Hardware Requirements).
b. Location. Implementation and training services may
(at Client's election) take place at a location specified by Cli-
ent, subject to Government security requirements or via tele-
communications as specified in a new or modified Order.
Yardi will make commercially reasonable efforts to timely ac-
commodate Client's request. Additional on -site implementa-
tion/training services are subject to the execution of a new or
modified Order based on the fees set forth in the GSA Sched-
ule Pricellst.
c. On -Sites. Client acknowledges that in -person imple-
mentation/training service visits at a Client location require a
minimum visit of 8 hours per visit. Client acknowledges that
training services for more than 12 Client trainees require Cli-
ent to order 1 additional Yardi trainer for each 12 Client train-
ees in excess of 12.
d. Data Conversion. Client must order electronic data
conversion services, pursuant to the execution of a new or
modified Order. Absent an agreement to the contrary, Client
shall otherwise be solely responsible for data conversion, data
preparation, data entry and data verification, and any post
conversion clean-up.
e. Testing. Client shall have 90 days commencing upon
the Effective Date (the "Testing Period") to test the Licensed
Programs, Yardi Cloud and Yardi Cloud Services. At any time
during the Testing Period, Client may elect to cease Use of
the Licensed Programs, Yardi Cloud and Yardi Cloud Ser-
vices and cancel this Agreement, in which event Yardi will re-
fund to Client all amounts paid by Client to Yardi pursuant to
this Agreement less reasonable amounts [determined by ref-
erence to the Fees/rates indicated In Schedule A (Fee Sched-
ule)] for initial set-up, implementation, training and support of
the Licensed Programs, Yardi Cloud and Yardi Cloud Ser-
vices provided prior to Client's notice of cancellation pursuant
to this section 5(e) (Testing).
6. Users and Passwords.
a. Designated Users. Client agrees that its exercise of
the license granted by this Agreement shall only be through
its Designated Users. Client's license to access and Use the
Yardi Cloud and Licensed Programs is limited as provided in
an applicable Order. Each Designated User must have a
unique Password.
Yardi Client
Page 2 of 12
Preparation Date: May 29, 2015 5:20 PM
b. Password Assignment. Client's application support
POC(s) will be Designated Users, will designate the other
Designated Users, and will provide each other Designated
User with a Password. Each Password shall be personal and
unique to the applicable Designated User, and may not be
used by anyone other than such Designated User. Each
Password may only be used from 1 computer at any given
time, Client shall be responsible for maintaining Designated
User Password security.
c. Client Obligations with Respect to Designated Us-
ers. Client shall inform each Designated User of this Agree-
ment's terms and restrictions and shall enforce such re-
strictions, Client agrees to notify Yardi if Client becomes
aware of any failure of a Designated User to adhere to the
license terms and restrictions in this Agreement.
7. Application Support & Upgrades.
a. Application Support Service. Yardi will provide ap-
plication support and upgrades for the Licensed Programs as
set forth in this section 7 (Application Support & Upgrades).
b. Client Contacts. Client agrees to appoint application
support POC(s). Client may change the application support
POC(s) upon advance written notice to Yardi. Yardi shall have
no obligation to contact, or communicate with, anyone regard-
ing application support and maintenance issues except Cli-
ent's application support POC(s). Client acknowledges that it
is Client's responsibility to keep Client's application support
POC(s) current, and to notify Yardi of any changes,
c. Yardi Contacts. During initial implementation, Yardi
shall appoint an account manager to Client's account, After
initial implementation, Yardi will either assign Client to an ac-
count manager or an application support team. Yardi may
change the identity of individual account managers from time
to time upon notice to Client. Client's application support rec-
ords relating to Client will be available to Yardi's entire appli-
cation support team at all times.
d. Application Support Services. Yardi shall provide
application support for the Licensed Programs through its ac-
count managers and technical staff to Client's application sup-
port POC(s). Application support does not include on -site in-
stallation, implementation, training, or testing of the Licensed
Programs, nor does it include data conversion, Those ser-
vices, are available subject to the execution of a new or mod-
ified Order, Yardi's application support service team will use
commercially reasonable efforts to address and solve Client's
issues, but cannot guarantee satisfaction in every case.
e. Total Hours Included. Client's annual application
support allotment is specified in an applicable Order.
f. Application Support Hours. Yardi's application sup-
port hours are from 6:00 am to 5:00 pm (Pacific Time) Monday
through Friday (excluding federal holidays).
g. Priority.
(I) Yardi shall have the right to prioritize application
support requests according to the application support issue's
impact on Client. Yardi will prioritize application support re-
quests in the following order:
Priority 1: Business halted (total inability to perform normal
operation)
• Client will submit support requests by telephone to
Yardi's application support number.
• Response as rapid as reasonably feasible — gener-
ally within 2 business hours.
Priority 2: Business impacted (severe restriction of Client's
Use of the Licensed Programs — a potentially critical problem)
• Client will submit support requests by telephone to
Yardi's application support number.
• Prompt response subject only to delays for priority
1 issues, generally within 4 business hours,
Priority 3: Non -critical service requests (any issue that is not
a Priority 1 or Priority 2 issue)
• Client will submit support request by telecommuni-
cations to Yardi application support.
• Response subject to delays for priority 1 and 2 is-
sues, generally within 1 business day.
(ii) Yardi will work on Priority 1 and 2 issues with con-
tinuous focus, and with Client's cooperation, through resolu-
tion.
h. Standard Term. Application support services are sub-
ject to this Agreement's terms.
i. Obsolescence. Yardi reserves the right to cease
providing application support services for the Licensed Pro-
grams on the later of: (I) 3 years from the date on which Yardi
ceases to license the Licensed Programs; or (ii) 5 years from
the Effective Date, Yardi agrees to notify Client if and when
Yardi will cease application support services in accord with
this section 7(i) (Obsolescence).
8. Client Data.
a. Client Data Storage. Subject to Force Majeure
Events as defined in FAR 52.212-4(f), Yardi agrees to store
Client Data on a database server in the Yardi Cloud.
b. Limited Liability for Unauthorized Client Data Ac-
cess. Yardi agrees to use: (i) firewalls and other technology
generally used in the trade to prevent unauthorized 3rd party
access to its computer systems storing Client Data; and
(li) encryption technology generally used in the trade to pre-
vent unauthorized 3rd party access to Client Data transmis-
sions. Notwithstanding the foregoing, Yardi shall not be liable
to Client in the event that: (A) its use of firewalls and other
technology generally used in the trade falls to prevent unau-
thorized third party access to Client Data; or (B) its use of en-
cryption technology generally used in the trade fails to prevent
unauthorized third party access to Client Data transmissions.
Nothing in this section 8(b) (Limited Liability for Unauthorized
Client Data Access) shall constitute a representation or war-
ranty by Yardi that Client Data storage or transmission will be
inaccessible to unauthorized third parties.
9. Confidentiality.
a. Confidential Information Definition. "Confidential
Information" means all technical and non -technical infor-
mation including: (i) Client Data; (ii) patent, copyright, trade
secret, and other proprietary information; (iii) inventions,
know-how, processes, or algorithms; (iv) software programs,
software source documents, object code, source code, data-
base dictionaries, network diagrams, UML diagrams, Li-
censed Programs, Licensed Programs Documentation, Li-
censed Programs schema, Licensed Programs functions, Li-
censed Programs user interface screens, SSIS, data ware-
house schema, cube specifications and configuration, the re-
ports generated by the Licensed Programs, Yardi Cloud spec-
ifications and configuration, Yardi Cloud hardware specifica-
Yardi Client
Page 3of12
Preparation Date: May 29, 2015 5:20 PM
tions and configuration, and Yardi Cloud Services; (v) devel-
opment, design details and specifications; (vi) a party's finan-
cial information(excluding the prices stated in the GSA Sched-
ule Pricelist); (vii) customer lists, business forecasts, sales
and marketing plans and information; (vill) SSAE16 audit re-
ports and PCI DSS attestations of compliance and any infor-
mation related to SSAE16 audit reports and/or PCI DSS at-
testations of compliance; and (ix) any other information dis-
closed by a party, or to which a party is exposed because of
this Agreement, that the disclosing party identifies as confi-
dential at the time of disclosure.
b. Nondisclosure and Nonuse Obligations. Each
party (the "Receiving Party") agrees that it will not dissemi-
nate, distribute, expose, or in any way disclose any Confiden-
tial Information of the other party (the "Disclosing Party") to
any third party. The Receiving Party may use the Disclosing
Party's Confidential Information to the extent necessary to
perform its obligations under this Agreement. The Receiving
Party's employees, independent contractors, or Contractors
(collectively "Personnel") may use Confidential Information
only for the specific internal purpose for which it was made
available and not for any other purpose. The Receiving
Party's Personnel may not use Confidential Information in any
way that may compete with Disclosing Party. The Receiving
Party may not disclose Confidential Information to its Person-
nel for the purpose of enabling any such Personnel to service,
maintain, or modify the Licensed Programs, The Receiving
Party agrees that it will treat all Confidential Information with
the same degree of care as the Receiving Party accords its
own Confidential Information, but in no event less than rea-
sonable care. The Receiving Party agrees that it shall disclose
Confidential Information only to those of its Personnel who
need to know such information, and the Receiving Party cer-
tifies that such Personnel have previously agreed, either as a
condition to employment or in order to obtain the Confidential
Information, to be bound by terms and conditions applicable
to the Receiving Party under this Agreement. The Receiving
Party shall immediately give notice to the Disclosing Party of
any unauthorized use or disclosure of the Disclosing Party's
Confidential Information. The Receiving Party agrees to assist
the Disclosing Party in remedying any such unauthorized Use
or disclosure of Disclosing Party's Confidential Information.
When the end user is an instrumentality of the U.S. Govern-
ment, neither this Agreement nor the Schedule Pricelist shall
be deemed "Confidential Information" notwithstanding mark-
ing to that effect. Notwithstanding anything in this Agreement
to the contrary, the GSA Customer may retain such Confiden-
tial Information as required by law, regulation or its bona fide
document retention procedures for legal, regulatory, or com-
pliance purposes; provided, however, that such retained Con-
fidential Information will continue to be subject to the confi-
dentiality obligations of this Agreement.
c. Exclusions from Nondisclosure and Nonuse Obli-
gations. The Receiving Party's obligations per section 9(b)
(Nondisclosure and Nonuse Obligations) shall not apply to
Confidential Information that the Receiving Party can docu-
ment: (i) was (through no fault of the Receiving Party) in the
public domain at or subsequent to the time the Disclosing
Party disclosed the information to the Receiving Party; (ii) was
rightfully in the Receiving Party's possession free of any con-
fidentiality obligation at or subsequent to the time the Disclos-
ing Party disclosed it to the Receiving Party; or (it) was devel-
oped by the Receiving Party's Personnel independent of, and
without reference to, any Information communicated to the
Receiving Party by the Disclosing Party. A Confidential Infor-
mation disclosure by the Receiving Party either: (A) in re-
sponse to an enforceable order by a court or other govern-
mental body; (B) as otherwise required by federal law; or
(C) necessary to establish the rights of either party under this
Agreement, shall not be a breach of this Agreement by the
Receiving Party or a waiver of confidentiality for other pur-
poses; provided, however, the Receiving Party shall provide
prompt prior written notice of any such Confidential Infor-
mation disclosure to the Disclosing Party (to the extent al-
lowed by applicable federal law) to enable the Disclosing
Party to seek a protective order or otherwise prevent such dis-
closure,
d. Ownership and Return of Confidential Information
and Other Materials. The Disclosing Party's Confidential In-
formation is and shall remain the Disclosing Party's property,
and this Agreement does not grant or imply any license or
other rights to the Disclosing Party's Confidential Information
except as expressly set forth in this Agreement. Within 5 busi-
ness days after the Disclosing Party's request, the Receiving
Party will promptly either (at the Disclosing Party's election)
destroy or deliver to the Disclosing Party all Confidential Infor-
mation and materials fumished to the Receiving Party,
and the Receiving Party agrees to provide a written repre-
sentative's certification of the Receiving Party's compliance
with the foregoing obligation.
e. Third Party Information Disclosure. The Disclosing
Party shall not communicate any information to the Receiving
Party in violation of the proprietary rights of any third party.
10. Warranties.
a. Limited Software Warranty. Yardi warrants that the.
Licensed Programs will perform substantially as specified in
the Licensed Program Documentation. Yardi does not warrant
that the Licensed Programs will meet Client's requirements
and expectations.
b. Remedy for Limited Software Warranty Breach. If
Yardi breaches the warranty set forth in section 10(a) (Limited
Software Warranty), Yardi agrees to use commercially rea-
sonable efforts to modify the Licensed Programs so that the
Licensed Programs conform to that warranty. If such modifi-
cation is not commercially reasonable, then Yardi will notify
Client and Client may terminate this Agreement. In the event
Client terminates this Agreement per this section 10(b) (Rem-
edy for Limited Software Warranty Breach), Yardi will refund
to Client, on a pro-rata basis, the annual Fees paid by Client
to Yardi within the year prior to the effective date of Client's
termination. THE FOREGOING REMEDY IS CLIENT'S SOLE
REMEDY IN THE EVENT OF A BREACH OF THE WAR-
RANTY SET FORTH IN SECTION 10(a) (Limited Software
Warranty).
c. Warranty Disclaimer. EXCEPT AS EXPRESSLY
SET FORTH IN THIS AGREEMENT, AND TO THE FULL-
EST EXTENT ALLOWED UNDER APPLICABLE LAW,
YARDI DISCLAIMS ALL EXPRESS, IMPLIED AND STATU-
TORY WARRANTIES WITH REGARD TO THE LICENSED
PROGRAMS INCLUDING, BUT NOT LIMITED TO, THE IM-
PLIED WARRANTIES OF MERCHANTABILITY AND FIT-
NESS FOR A PARTICULAR PURPOSE.
d. Internet Performance Disclaimer. Yardi does not and
cannot control the flow of data via the Internet. Such flow de-
pends in large part on the performance of Internet services
provided or controlled by third parties. At times, actions or in-
actions of such third parties can impair or disrupt the Internet,
Yardi will use commercially reasonable efforts to remedy and
avoid such events, but cannot guarantee that such events will
Yardi Client
Page 4 of 12
Preparation Date: May 29, 2015 5:20 PM
not occur. Accordingly, Yardi disclaims any liability resulting
from or relating to such events.
11. Damage Limitations.
a, Damage Waiver. REGARDLESS OF ANY OTHER
PROVISION IN THIS AGREEMENT, AND TO THE FULL-
EST EXTENT ALLOWED BY APPLICABLE LAW, YARDI
DISCLAIMS ALL OBLIGATIONS AND LIABILITIES FOR
SPECIAL, INDIRECT, INCIDENTAL, EXEMPLARY, PUNI-
TIVE AND CONSEQUENTIAL DAMAGES, ATTORNEYS'
AND EXPERTS' FEES, AND COURT COSTS (EVEN IF
YARDI HAS BEEN ADVISED OF THE POSSIBILITY OF
THESE DAMAGES), ARISING FROM OR IN CONNECTION
WITH THIS AGREEMENT.
b. Liability Limit. IN ADDITION TO THE LIMITA-
TIONS OTHERWISE SET FORTH IN THIS AGREEMENT,
AND TO THE FULLEST EXTENT ALLOWED BY APPLI-
CABLE LAW, CLIENT AGREES THAT IN THE EVENT OF
ANY CLAIM OR CAUSE OF ACTION BY CLIENT ARISING
OUT OF OR CONNECTED WITH THIS AGREEMENT,
YARDI'S MAXIMUM LIABILITY TO CLIENT, REGARD-
LESS OF THE AMOUNT OF LOSS CLIENT MAY HAVE
SUFFERED, SHALL NOT EXCEED THE FEES PAID BY
CLIENT TO YARDI PURSUANT TO THIS AGREEMENT
WITHIN THE YEAR PRIOR TO THE EVENT GIVING RISE
TO THE LIABILITY. THE FOREGOING EXCLUSION/LIMI-
TATION OF LIABILITY SHALL NOT APPLY (1) TO PER-
SONAL INJURY OR DEATH CAUSED BY YARDI'S NEG-
LIGENCE; (2) FOR FRAUD; OR (3) FOR ANY OTHER
MATTER FOR WHICH LIABILITY CANNOT BE EX-
CLUDED BY LAW.
12. Ownership.
a. Yardi's Ownership. Client agrees that, as between
Yardi and Client, Yardi is and shall remain the sole and exclu-
sive owner of all right, title and interest in and to the Licensed
Programs, Deliverables, Yardi Cloud, Yardi Cloud Services,
and Licensed Program Documentation, and to all intellectual
property rights in the foregoing. The only rights Client obtains
in the Licensed Programs, Deliverables, Yardi Cloud, Yardi
Cloud Services, and Licensed Program Documentation are
the licenses expressly granted to Client in this Agreement.
b. Client's Ownership. Yardi agrees that, as between
Yardi and Client, Client is and shall remain the sole and ex-
clusive owner of all right, title and Interest in and to Client
Data.
13. Indemnification.
a. Indemnity. Yardi agrees to indemnify and hold Client
harmless from and against any third party claims, actions or
demands alleging that Client's Use of the Yardi Cloud, Yardi
Cloud Services, Licensed Programs, Licensed Program Doc-
umentation, and Deliverables in accordance with this Agree-
ment's terms infringes on a third party's proprietary infor-
mation, trademark, copyright, patent rights or intellectual
property rights, or misappropriates a third party's trade se-
crets
b. Indemnity Conditions. Yardi's defense and indemni-
fication obligation per section 13(a) (Indemnity) is conditioned
upon the following: (i) Client providing Yardi with prompt writ-
ten notice of any claim for which indemnification is sought; (ii)
Client providing Yardi with an opportunity to defend or inter-
vene in any litigation at its own expense, through counsel of
its choosing and (iii) Yardi's reasonable cooperation with the
Govemment in the defense and settlement of the claim. Noth-
ing contained herein shall be construed in derogation of the
U.S. Department of Justice's right to defend any claim or ac-
tion brought against the U.S., pursuant to its jurisdictional
statute 28 U.S.C, § 516. Yardi may defend the Client to the
extent not prohibited by 28 U.S.C. § 516.
c. Order Against Continued Use. If the Licensed Pro-
grams become the subject of a patent, trademark, copyright,
or trade secret misappropriation or infringement claim, and
such claim results — or Is reasonably likely to result — in a final
order against Client's continued Use of the Licensed Pro-
grams, Yardi will: (i) replace or modify the Licensed Programs
to avoid the misappropriation/infringement claim; (ii) work with
the Government to secure Client's right to continue Use of the
Licensed Programs; or (iii) if neither (I) or (ii) is commercially
practicable, either party may terminate this Agreement upon
written notice to the other party.
14. Programming Services.
a. Programming Services. Yardi provides program-
ming services including, without limitation, database customi-
zations, user interface customizations, database reports, da-
tabase scripts and other programming services (collectively,
"Programming Services") pursuant to the execution of a new
or modified Order.
b. Programming Services Terms. The Fees for Pro-
gramming Services, if initially ordered, are set forth in an ap-
plicable Order based on the GSA Schedule Pricelist. Client
will otherwise initiate Programming Service requests by exe-
cuting a new or modified Order.
c. Deliverables License. ,Yardi grants to Client a non-
exclusive, non -transferable (except as expressly provided in
this Agreement), limited license for Designated Users to Use
the Deliverables in connection with their Use of the Licensed
Programs, Yardi Cloud and Yardi Cloud Services.
15. Assignment.
a. Assignment Limitation. Except for the exceptions
specified in section 15(b) (the "Permitted Exceptions"), Cli-
ent shall not (either directly or indirectly) assign, sell, convey,
pledge, or otherwise transfer this Agreement without first ob-
taining Yardi's express written consent, which Yardi shall not
unreasonably withhold. Except for the Permitted Exceptions,
any attempted assignment made without Yardi's prior ex-
press written consent is void. Assignment by Yardi is subject
to FAR 52.232-23 "Assignment of Claims" (Jan. 1986) and
FAR subpart 42.12 "Novation and Change -of -Name Agree-
ments" (Sep, 2013).
16. Outsourcing.
a. Server Location. Yardi reserves the right to locate the
servers and other equipment needed to provide the Yardi
Cloud either at its facilities or at the facilities of independent
service providers. Except as otherwise agreed to in an appli-
cable Order, Yardi may change the location of the servers and
other equipment needed to provide the Yardi Cloud at any
time during this Agreement's Term; provided that any such
change of location shall not affect Yardi's obligations under
this Agreement and shall not interrupt Client's access to the
Yardi Cloud, Client Data, Yardi Cloud Services, and the Li-
censed Programs.
18. General Provisions.
a, No Agency Relationship. Nothing in this Agree-
ment is intended to make the parties partners, agents, joint
venturers, or any other form of joint enterprise, or to make the
Personnel or representatives of one of the parties Into Per-
sonnel or representatives of the other party. No party to this
Yardi Client
Page S of 12
Preparation Date: May 29, 2015 5:20 PM
Agreement shall have any express or implied right or authority
to assume or create any obligations on behalf of the other
party or to bind the other party to any contract, agreement, or
undertaking with any third party.
b. Governing Law. This Agreement shall be governed
and determined by the Federal laws of the United States.
c. Venue. Jurisdiction and venue shall be determined by
the applicable federal statute.
d. Binding Effect. This Agreement is binding on and In-
ures to the benefit of the parties and their permitted assigns,
successors, and legal representatives.
e. Notices.
(i) The parties shall deliver any notice required by this
Agreement by personal delivery, certified U.S. Mail return re-
ceipt requested, or established, reputable expedited delivery
carrier providing proof of delivery service, and will be deemed
given upon confirmed delivery to the party to whom it is in-
tended at its record address. The record addresses of the par-
ties are set forth in an applicable Order,
(II) Either party may change its record address by giving writ-
ten notice of such change to the other party.
f. Waiver. The waiver of a party's breach of this Agree-
ment shall not operate or be construed as a waiver of any
other or subsequent breach.
g, Severabiiity. If a court or other body of competent Ju-
risdiction determines that any part of this Agreement is unen-
forceable, the remainder of this Agreement shall nevertheless
remain enforceable.
h. Headings. This Agreement's section headings and
captions are inserted for convenience only and are not In-
tended to form a material part of this Agreement.
i. Data Use. Yardi may aggregate, compile, and use Cli-
ent Data in order to Improve, develop or enhance the Licensed
Programs and/or other services offered, or to be offered, by
Verdi; provided that no Client Data is identifiable as originating
from, or can be traced back to, Client or a Client customer,
tenant or resident in such aggregated form.
j. Entire Agreement. This Agreement, the underlying
GSA Schedule Contract, the Schedule Pricelist and any ap-
plicable Orders constitute the final, complete, and exclusive
statement of the agreement between the parties pertaining to
this Agreement's subject matter and supersede all prior and
contemporaneous understandings or agreements of the par-
ties. This Agreement, however shall not take precedence
over the terms of the underlying GSA Schedule Contract or
any specific, negotiated terms on the GSA Customer's Pur-
chase Order. No party has been induced to enter into this
Agreement by, nor is any party relying on, any representation
or warranty except those inducements, representations and
warranties expressly set forth in this Agreement.
k. Non-Solicit/Non-Hire. The parties agree not to solicit
(other than a general solicitation to the public) the employ-
ment of, engage as an independent contractor, or hire, any
employee of the other party while such person is an employee
of the other party and until such person has not been an em-
ployee of the other party for 6 months.
I. Modification. The parties may only modify or amend
this Agreement by a writing signed by both parties.
m. Force Majeure. Pursuant to FAR 52.212-4(f), the
parties shall be liable for default unless nonperformance is
caused by an occurrence beyond Its reasonable control and
without its fault or negligence such as acts of God, or the pub-
lic enemy, acts of Government in its sovereign or contractual
capacity, fires, floods, epidemics, quarantine restrictions,
strikes, unusually severe weather and delays of common car-
riers. The party claiming a force majeure event shall notify the
Contracting Officer in writing as soon as it is reasonably pos-
sible after the commencement of any excusable delay, setting
forth the full particulars in connection therewith, shall remedy
such occurrence with all reasonable dispatch, and shall
promptly give written notice to the Contracting Officer of the
cessation of such occurrence.
n. Signature; Counterparts, Both parties' signatures
need not appear on the same copy of this Agreement, so long
as both signed copies have identical contents. The parties
may transmit signatures on this Agreement by electronic
transmission, which shall be binding upon the parties, Coun-
terparts with original signatures shall be provided to the other
party within 5 days of electronic transmission; however, the
failure to provide the original counterpart shall have no effect
on this Agreement's enforceability or binding nature. If exe-
cuted in counterparts, this Agreement will be as effective as if
simultaneously executed.
[Signature Page Follows]
Yardi Client
Page 6 of 12
Preparation Date: May 29, 2015 5:20 PM
CITY OF MIAMI, a municipal corporation ("Client")
By:
Print Name:
Title:
Date:
Attest:
Todd Hannon, City Clerk
APPROVED AS TO INSURANCE REQUIREMENTS:
Ann -Marie Sharpe, Director of Risk Management
APPROVED AS TO LEGAL FORM AND CORRECTNESS:
Victoria Mendez, City Attorney
YARDI SYSTEMS, INC, ("Yardi")
By:
Print Name:
Title:
Date:
Yardi Client
Page 7 of 12
Preparation Date: May 29, 2015 5:20 PM
GSA: Voyager for Government
GSA: Construction
SCHEDULE A
Fee Schedule
ectAn uia
Unit of
Measure
(UOM)
DU
DU
Yardi Pin #: 100027360
Yardi Order#: 80968
Count $/UOM Total Price
8 $2,327.46
3 $775.82
Total Annual Fee
UOM Count $/UOM
GSA: Implementation/Training Hour 336 $189.41
Travel Expenses Estimate 1 $10,800.00
GSA: Start -Up Fees Voyager for Government DU 8 $232.75
Annual Fees<w».»,.�»».,,�„x,>»>,FA,»»�,,�..»»»»,»,�»�F.�»..»,m..
One -Time Fees
Sub -Total
Sales Tax
$18,619.68
$2,327.46
$20,947.14
Total Price
$63,641.76
$10,800.00
$1,862.00
Total One -Time Fee $76,303.76
Net Price
$20,947,14
$76,303,76
$97,250.90
Tax Exempt
Total Due $97,250.90
PAYMENT TERMS: $86,450.90 (100% of non -Travel Expenses) payable upon execution of this Agreement.
TRAVEL EXPENSES PAYMENT TERMS: Yardi shall invoice Client for an estimate of $10,800.00 for Travel Expenses monthly in arrears, and
Client shall pay such invoices within 30 days of the invoice date.
Additional terms are set forth in Schedules B (Yardi SAAS Subscription Services and Governance Schedule) and C (Additional Terns) to this
Agreement.
Yardi acknowledges that Client is subject to the provisions of the Public Records provisions and restrictions present in Chapter 119, Flor-
ida Statutes. Upon receipt of a proper request for a release of public records, Client shall promptly notify Yardi in writing of any Yardi
Confidential Information that may be subject to any such request so that Yardi may take such steps as it deems necessary to protect
such Confidential Information from disclosure.
This Agreement shall be governed and determined by the laws of the United States and, if applicable, the laws of the State of Florida as
such laws are applied to agreements made and performed entirely in the State of Florida.
The record addresses of the parties are as follows:
As to Client:
City of Miami
444 SW 2'd Avenue, 3rd floor
Miami, FL 33130
Attn: Director of the Department of Real Estate and Asset Management
Yardi Client
Page 8 of 12
Preparation Date: May 29, 2015 5:20 PM
With a copy to:
City of Miami
444 SW 2"d Avenue, Suite 945
Miami, FL 33130
Attn: City Attomey
City of Miami
444 SW 2" Avenue, 6th floor
Miami, FL 33130
Attn: Director of Procurement
As to Yardi:
Attn: Chief Operating Officer
YARDI SYSTEMS, INC.
430 S. Fairview Ave.
Goleta, CA 93117
With a copy to:
Attn: Legal Department
YARDI SYSTEMS, INC.
430 S. Fairview Ave.
Goleta, CA 93117
Yardi Client
Page 9 of 12
Preparation Date: May 29, 2015 5:20 PM
SCHEDULE B
Yardi SaaS Subscription Services and Governance Schedule
Yardi Cloud and Client Access
Yardi will allow Client access to the Yardi Cloud via the following methods,
1. Via Internet URL to access and operate the Licensed Programs.
2, Via remote desktop to access the following, depending on operating requirements:
a. The Licensed Programs' reports path for management of the Licensed Programs support files;
b. A database -level query tool;
c. Reporting -writing software, if applicable (third -party software licensing not included);
d. Client -server -based system administration tools provided by Yardi.
Yardi Cloud Services
Yardi will provide the following Yardi Cloud Services as they relate to the Yardi Cloud:
1. Installation, maintenance (deployment of Microsoft patches and upgrades) and licensing of Microsoft Operating System;
2. Installation, maintenance (deployment of Microsoft patches and upgrades) and licensing of Microsoft SQLServer;
3. Installation, maintenance (deployment of Yardi patches and upgrades) and licensing of the Licensed Programs;
Yardi Cloud Data and File Management
Yardi will provide data and file management services per the following guidelines.
1. Yardi will provide Client one live and one test database for the Licensed Programs. Client may purchase additional data-
bases at Yardi's then -current prevailing rate for additional databases orwebshares at the time of Client's request.
2. Yardi will provide up to 1TB of Combined Storage at no additional charge. "Combined Storage" means: (I) Client Data file
storage on file servers separate from the database server used to serve Client Data; (ii) Client Data storage held within
database servers and utilized by the Licensed Programs; and (iii) any other digital storage required by Client's Use of the
Yardi Cloud and Licensed Programs In accord with this. Agreement. Client may purchase additional Combined Storage at
Yardi's then -current prevailing rate for additional Combined Storage at the time of Client's request.
3. Subject to Force Majeure Events, Yardi will execute:
a. Nightly backups of Client's live database to a backup server;
b. Nightly backups of Client's live database and the reports path to a backup server; and
c. Near -real-time replication of the database and default path to a separate, off -site disaster recovery location.
4. Database backup files will be maintained for 14 days on a server accessible by Client via secure transfer server (i.e., at any
given time, the last 14 nightly database backups will be on the secure transfer server) from which Client may retrieve the
database backups at any time.
Licensed Programs Support and Governance of Use
Yardi will provide consulting and technical support for the Licensed Programs per the following guidelines.
1. Implementation, consulting and support of the Licensed Programs and the Licensed Programs' deployed components,
where applicable;
2. Yardi will periodically make available to Client (at no additional cost to Client) updates, upgrades and current versions of
the Licensed Programs which will include corrections, enhancements, and/or improvements. Client reserves the right to
refuse updates and upgrades of the Licensed Programs; provided, however, that Yardi reserves the right to cease applica-
tion support services for versions of the Licensed Programs more than 2 years older than the latest version of the Licensed
Programs generally released to Yardi's clients.
Annual Fees Include
Client's Annual Fees include access to the Yardi Cloud, Licensed Programs license Fees, Licensed Programs updates/upgrades, up
to 1 Remote Administrative DU (defined below), and 42 Licensed Programs application support hours/year. Client's Annual Fees also
include 25 additional application support hours for the first year (i.e., until Client's first Anniversary Date) only. Yardi will debit all
application support services (in'/e-hour increments with a'/, -hour minimum) against Client's above -noted application support allotment
except when related to a Software Error. "Software Error" means a reproducible failure of the Licensed Programs to materially perform
as specified in the Licensed Programs Documentation. Client acknowledges that data preparation and post conversion data clean-up
is inherent in any data conversion, and such additional efforts associated with a Client data conversion — if performed by Yardi - will
be debited against Client's application support service allotment. Notwithstanding the multi -year Term set forth in section 3(a) (Term),
Client's annual Fees and Included annual application support allotment apply for annual periods ending on each Anniversary Date,
and shall not include unused application support time from prior annual periods. If Client needs additional application support hours
at any time, Client may purchase additional hours at Yardi's then -current prevailing application support rate at the time Client needs
the hours. "Remote Administrative DU" means a Designated User utilizing remote access technology to access the Yardi Cloud,
Licensed Programs, and/or Client Data for system administrative purposes on behalf of Client. Yardi's Remote Administrative DU
change Fee is $100/change.
Yardi Client
Page 10 of 12
Preparation Date: May 29, 2015 5:20 PM
SCHEDULE C
Additional Terms
Additional terms for products/modules licensed in Schedule A (Fee Schedule):
GSA: Voyager for Government includes: GL/AP, Maintenance/Work Orders, WIPS
2. Walk -In Rent Collection/Rent Payment Services (WIPST'9 terns:
a. Client acknowledges and agrees to pay all fees and other charges, including any statement, service, chargeback,
application, rejection, return, reversal, refund, debit or other fee imposed by a processing institution, correspond-
ent bank, merchant bank or other Institution In connection with the authorization, processing and settlement of
Client's Transactions.
b. Client acknowledges and agrees that it must do one of the following: (I) utilize a banking institution that is sup-
ported by Verdi; (ii) secure the agreement of Client's banking institution to work with Yardi in interfacing WIPS
with Client's banking institution (in which case reasonable time will be necessary to complete the interface in light
of the interface requirements); or (iii) sign-up for, and utilize, ProfitStars' banking institution processing services.
c. Client acknowledges and understands that CheckFreePay is a third party vendor and licensed money transmitter
and is solely responsible for its network of agents (the "Agents"). Client further acknowledges and understands
that among various other unrelated business transactions: (I) Agents accept cash -only rent payments from WIPS
tenants in exchange for a nominal convenience fee (for purposes of this Agreement, each cash payment remitted
by a tenant through WIPS, less the Agent's convenience fee, is referred to as a "Payment"); and (ii) Yardi does
not collect rent directly from any tenant through WIPS and has no control over the Agents or CheckFreePay's
Agent network.
d. Client acknowledges and understands that the tenant, not the Agent, determines how much rent to pay using
WIPS. Because the Agent will accept whatever cash sum the tenant desires to pay and will charge a convenience
fee each time a payment is made, the Payment(s) made by a tenant to the Agent may be less than, equal to, or
greater than the total rent due. Accordingly, Client acknowledges and understands that the rent payment subse-
quently reflected in Voyager and ultimately credited to Client's account may be an under- or over -payment of the
tenant's rent. Except to the extent such under- or over -payment is caused solely by Yardi's negligence or willful
misconduct, Client expressly acknowledges and agrees that the payment of rent Is a matter between Client and
tenant and Client agrees to defend, indemnify and hold Yardi harmless from and against any third party (including
tenant) claims relating to or arising out of the use of WIPS.
e. Typically, Voyager will reflect each Payment within 1 business day and each Payment will be credited to Client's
designated account within 3 business days. Because delays may arise from time to time, these are targets and
not guarantees; however, so long as Client has provided all necessary and correct Payment Processing infor-
mation to enable Yardi to properly facilitate the routing of Payments from the Agent to the Client, Yardi has the
appropriate guarantees from CheckFreePay that CheckFreePay will promptly and accurately deliver to Client all
Payments made using WIPS.
f. Client expressly acknowledges and agrees to the following Office of Foreign Asset Control (OFAC) obligations:
i. Client shall not use WIPS, or allow WIPS to be used, for any purpose other than the payment of rent and
related charges by tenants who physically occupy the dwelling for which the rent payment or related
charges apply.
ii. Client shall at all times comply with all OFAC requirements and fulfill all OFAC responsibilities that apply
to Client concerning the administration and enforcement of economic and trade sanctions against targeted
foreign states, organizations, and individuals, including providing any information to Yardi that is reason-
ably necessary for Yardi to fulfill Its obligations under OFAC, if any.
iii. If at any time Client discovers or reasonably believes a tenant, employee or organization on the Specially
Designated Nationals and Blocked Persons List, published from time to time by OFAC (the "OFAC List"),
is using WIPS for any reason, Client shall immediately notify Yardi and cooperate fully with any subse-
quent investigation or request for information that may be required in connection with complying with
OFAC requirements and all other applicable laws and regulations.
iv. Except to the extent an OFAC violation arises solely as a result of Yardi's gross negligence or willful
misconduct, Client agrees to defend, indemnify and hold Yardi and its parent, subsidiaries, directors, of-
ficers, agents, representatives, and employees harmless from all claims, losses, penalties and other lia-
bilities relating to or arising out of any acts or omissions by Client and its parent, subsidiaries, directors,
officers, agents, representatives, tenants or employees that give rise to an OFAC violation.
g. Terms Applicable If Client Uses Yardi's Master Merchant Account with WIPS Transactions. If Client utilizes
Yardi's Master Merchant Account with ProfitStars for WIPS Transactions, Client acknowledges and agrees that:
(i) Client may only process tenant rent payment WIPS Transactions through Yardi's Master Merchant Account
with ProfitStars; and (ii) Client agrees that Yardi may satisfy reimbursement for any fees and other charges,
including any statement, service, chargeback, application, rejection, retum, reversal, refund, debit or other fee
imposed by a processing institution, correspondent bank, merchant bank or other institution in connection with
the authorization, processing and settlement of Client's WIPS Transactions from subsequent deposits to the cor-
responding bank account.
Implementation/Training Details:
1. GSA: Implementation/Training—Client agrees to pay for all reasonable expenses in accord with section 5(c) (On -Sites). At
any time, Client may purchase additional implementation/training hours at Yardi's then -current prevailing implementa-
tion/training rate, plus reasonable expenses in accord with section 5(c) (On -Sites).
Yardi Client
Page 11 of 12
Preparation Date: May 29, 2015 5:20 PM
Other Terms:
1. Client acknowledges that additional DUs and Licensed Programs [i.e., in addition to those initially set forth in Schedule A
(Fee Schedule)] require additional Fees at Yardi's then -current prevailing rate for the additional DUs or Licensed Programs
at the time of Client's request. Subject to: (1) at least 5 business days prior written notice from Client; (ii) Client's execution
of an amendment to this Agreement; and (iii) subject to payment of additional Fees, Yardi will increase Client's licensed
maximum number of Designated Users.
Yardi Client
Page 12 of 12
Preparation Date: May 29, 2015 5:20 PM