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HomeMy WebLinkAboutPaymentus 2015-06-12CF /hi s/ 5 3 Paymentus MASTER SERVICES AGREEMENT Client: Client Address: Contact for Notices to Client: Estimated Yearly Bills / Invoices: City of Ukiah 300 Seminary Avenue Ukiah, CA 95482 Jan Newell 106,200 This Master Services Agreement ( "Master Agreement") is entered into as of the Effective Date below , by and between the Client ( "Client ") identified above and Paymentus Corporation, a Delaware Corporation ( "Paymentus "). WHEREAS Paymentus desires to provide and the Client desires to receive certain services under the terms and conditions set forth in this Agreement. Paymentus provides electronic bill payment services to utilities, municipalities, insurance and other businesses, NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby covenant and agree as follows. This Agreement consists of this signature page, General Terms and Conditions, and the attachments ( "Attachments ") with schedules ( "Schedules ") listed below: Schedule A: Paymentus Service Fee Schedule Schedule B: Additional Services This Agreement represents the entire understanding between the parties hereto with respect to its subject matter and supersedes all other written or oral agreements heretofore made by or on behalf of Paymentus or Client with respect to the subject matter hereof and may be changed only by agreements in writing signed by the authorized representatives of the parties. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized representatives. Client: By: N e: "7`36-'0. 66-1-, -1 O Date: 6 S Master Services Agreement — Absorbed Confidential & Proprietary Paymentus: By: Name: Title: Date: e -CZ° ovi Page 1 of 7 4 June 2015 Paymentus GENERAL TERMS AND CONDITIONS 1 Definitions: For the purposes of this Agreement, the following terms and words shall have the meaning ascribed to them, unless the context clearly indicates otherwise. 1.1 "Agreement " or "Contract" shall refer to this Agreement, as amended from time to time, which shall constitute an authorization for the term of this contract for Paymentus to be the exclusive provider of services, stated herein, to the Client 1.2 "User" shall mean the users of the Client's services 1.3 "Effective Date" shall be the last date upon which the parties signed this Agreement. The Agreement will not be effective against any party until the said date 1.4 "Launch Date" shall be the date on which Client launches this service to the Users 1.5 "Payment" shall mean Users to make payments for Client's services or Client's bills 1.6 "Payment Amount" shall mean the bill amount User wants to pay to the Client. 1.7 "Services" shall Include the performance of the Services outlined in section 2 of this Agreement 1.8 "Paymentus Authorized Processor" shall mean a Paymentus authorized merchant account provider and payment processing gateway 1.9 "Average Bill Amount" shall mean the total amount of Payments collected through Paymentus system in a given month divided by the number of the Payments for the same month. 1.10 "Notice," as used in Section 7.2, shall mean notice of a dispute or material breach under Section 9.2 or of a termination or non - renewal of the contract or contract term, or of a claim for damages, demand for indemnification, tender of defense or similar notification.. Master Services Agreement — Absorbed Confidential & Proprietary 2 Description of Services to be performed 2.1 Scope of Services Paymentus shall provide Users the opportunity to make Payments by Visa, MasterCard, Discover, E -check and other payment methods as deemed necessary by Paymentus. Payments may be made by interactive Telephone Voice Response System ( "IVR ") or secure Internet interface provided at the Paymentus Corporation's web site or other websites part of Paymentus' Instant Payment Network ( "WebSites "), collectively referred to as the ( "System "). 2.2 Professionalism Paymentus shall perform in a professional manner all Services required to be performed under this Agreement. 3 Compen n satio 3.1 No Cost Installation Paymentus will charge no fees related to the initial setup and personalization of its standard service for both Web and IVR interfaces. 3.2 Paymentus Service Fee For each payment, Paymentus will charge a Paymentus Service Fee (for the Utility Payment program) as per Schedule A. Paymentus Service Fee collected will be used to pay the corresponding Credit Card transaction fees or transaction fees associated with Debit Cards or eChecks (hereinafter called "Transaction Fees ") except for the return items (eCheck returns or Credit/Debit Card chargebacks).. A schedule of Paymentus Service Fee is attached hereto as Schedule A. The Paymentus Service Fee is based on the Average Bill Amount ("Over - Average") and on the assumption that the total number of payments and the total Payment Amount collected each month from the use of non utility rate qualified cards ( "Non- Quallfied ") such as commercial cards or purchase cards shall not exceed 5 %. If the 5% is exceeded, Paymentus will apply monthly adjustments, up to 3.5 %, to the Paymentus Service Fee based on the Over - Average and Non - Qualified Page 2 of 7 4 June 2015 Paymentus adjustments. Paymentus can amend this schedule upon prior written notice to the Client, if such change is required due to changes in the Visa and MasterCard regulations or changes in Credit Card fees or changes in the Average Bill Amount. In the event that such a change is required, Paymentus will provide written notification of such change to the City of Ukiah for review by City Council. Should such a change, result In an increase in pricing of ten (10 %) percent or greater, City Council may exercise the right to provide a 90 -day written notice of intent to terminate this Agreement. 4 Payment Processinst 4.1 Integration with Client's Billing System At no cost to Client, Paymentus will develop one (1) file format Interface with Client's billing system using Client's existing text file format currently used to post payments to Client's billing system. Client will be responsible to provide Paymentus with the one file format specification and will fully cooperate with Paymentus during the development of the said interface, if Client chooses to create an automated file integration process to download the posting file, due to Paymentus security requirements, Client will use Paymentus specified integration process. Paymentus shall provide these no cost integration services for the billing system used by Client on the effective date of this contract and any new or additional billing system acquired by Client during the full term of this contract and any extension thereof. 4.2 Explicit User Confirmation Paymentus shall confirm the dollar amount of all Payments and the corresponding Paymentus Service Fee to be charged to a Card and electronically obtain the User approval of such charges prior to initiating Card authorizations transaction. Paymentus will provide User with electronic confirmation of all transactions. 4.3 Merchant Account Paymentus will arrange for the Client to have a merchant account with the Paymentus Authorized Processor for processing and settlement of the credit card transactions. 4.4 Card Authorization Master Services Agreement — Absorbed Confidential & Proprietary For authorization purposes, Paymentus will electronically transmit all Card transactions to the appropriate Card - processing center, in real time as the transactions occur. 4.5 Settlement Paymentus together with its authorized Card processor shall forward the payment transactions and corresponding Paymentus Service Fee to the appropriate card organizations for settlement directly to the Client's depository bank account previously designated by the Client (hereinafter the "Client Bank Account "). Paymentus will debit the Paymentus Service Fees from Client's account on a monthly basis. Paymentus together with Paymentus Authorized Processor will continuously review Its settlement and direct debit processes for its simplicity and efficiencies. Client and Paymentus agree to fully co- operate with each other if Paymentus were to change its settlement and Invoicing processes. 5 General Conditions of Services 5.1 Service Reports Paymentus shall provide Client with reports summarizing use of the Services by Users for a given reporting period. 5.2 User Adoption Communication by Client Client will make Paymentus' Services available to its residential and commercial Clients by different means of Client communication including a) through bills, invoices and other notices; b) by providing IVR and Web payment details on the Client's website including a "Pay Now" or similar link on a mutually agreed prominent place on the web site; c) through Client's general IVR/Phone system; and d) other channels deemed appropriate by the Client. Paymentus shall provide Client with logos, graphics and other marketing materials for Client's use in its communications with its users regarding the Services and /or Paymentus. Both parties agree that Paymentus will be presented as a payment method option. Client will communicate Paymentus option to its end Page 3 of 7 4 June 2015 Paymentus residential and commercial Clients wherever Client usually communicates its other payment methods. 6.3 Independent Contractor Client and Paymentus agree and understand that the relationship between both parties is that of an independent contractor, 6.4 Client's Responsibilities In order for Paymentus to provide Services outlined in this Agreement, the Client shall co- operate with Paymentus by: (I) Client will enter Into all applicable merchant Card or cash management agreements. (11) For the duration of this Agreement, Client will keep a bill payment link connecting to Paymentus System at a prominent and mutually agreed location on the Client website. The phone number for the IVR payment will also be added to the web site. Client will also add the IVR payment option as part of the Client's general phone system. (iii) User Adoption marketing as described in 5.2. (iv) Within 30 days of the merchant account setup, Client will launch the service to the Users. (v) For the purpose of providing Client a posting file for posting to Client's billing system, Client will provide the file format specification currently used to post its payments to the billing system. Client will fully cooperate with Paymentus and provide the information required to integrate with Client's billing system. 6 Governing Laws This Agreement shall be governed by the laws of the state of California. 7 Communications 7.1 Authorized Representative Each party shall designate an individual to act as a representative for the respective party, with the authority to transmit instructions and receive information. The parties may from time to time designate other individuals or change the individua Is. Master Services Agreement — Absorbed Confidential & Proprietary 7.2 Notices A Notice shall be in writing and shall be given by Certified Mail or by a national courier or by hand delivery to an individual authorized to receive mall for the below listed individuals, all to the following individuals at the following locations: To Client CIO: Jan Newell Address: 300 Seminary Avenue, Ukiah, CA 95482 Phone: (707) 463 -6216 Fax: (707) 463 -6204 To Paymentus C /O: President and CEO Address: 13024 Ballantyne Corporate Place Suite 400 Charlotte, NC 28277 Phone: 888- 212 -2027 Fax: 704 - 322 -3776 Notices shall be declared to have been given or received on the date the notice Is physically received if given by hand delivery, or if notices given by US Post, then notice shall be deemed to have been given upon on date said notice was deposited In the mail addressed in the manner set forth above. Any party hereto by giving notice in the manner set forth herein may unilaterally change the name of the person to whom notice Is to be given or the address at which the notice is to be received. All other communications permitted or required by this contract shall be given as expressly provided in other sections herein. If no other form is, specified such communication shall be in writing and may be delivered as provided above or by email when receipt has been acknowledged by return email from the recipient. Such notice shall be deemed given and received on the date receipt is acknowledged. Unless otherwise specified email shall be sent as follows: To Client C /O: Jan Newell jnewell@cityofukiah.com To Paymentus C /O: President and CEO Either party may change the name of the person and the email address by giving email notice of the change. Page 4 of 7 4 June 2015 Paymentus 7.3 Interpretation It is the intent of the parties that no portion of this Agreement shall be interpreted more harshly against either of the parties as the drafter. 7.4 Amendment of Agreement Modifications or changes in this Agreement must be in writing and executed by the parties bound to this Agreement. 7.5 Severability If a word, sentence or paragraph herein shall be declared illegal, unenforceable, or unconstitutional, the said word, sentence or paragraph shall be severed from this Agreement, and this Agreement shall be read as if said word, sentence or paragraph did not exist. 7.6 Attorney's Fees Should any litigation arise concerning this Agreement between the parties hereto, the parties agree to bear their own costs and attorney's fees. 7,7 Confidentiality Client will not disclose to any third party or use for any purpose inconsistent with this Agreement any confidential or proprietary non - public Information it obtains during the terra of this Agreement about Paymentus' business, operations, financial condition, technology, systems, no -how, products, services, suppliers, Clients, marketing data, plans, and models, and personnel. Paymentus will not disclose to any third party or use for any purpose inconsistent with this Agreement any confidential User information it receives in connection with its performance of the services, 7.8 Intellectual Property In order that the Client may promote the Services and Paymentus' role in providing the Services, Paymentus grants to Client a revocable, non - exclusive, royalty -free, license to use Paymentus' logo and other service marks (the "Paymentus Marks ") for such purpose only. Client does not have any right, title, license or interest, express or implied in and to any object code, software, hardware, trademarks, service mark, trade name, formula, system, know -how, telephone number, telephone line, domain name, URL, Master Services Agreement — Absorbed Confidential & Proprietary copyright image, text, script (including, without limitation, any script used by Paymentus on the IVR or the WebSite) or other intellectual property right of Paymentus ( "Paymentus Intellectual Property"). All Paymentus Marks, Paymentus Intellectual Property, and the System and all rights therein (other than rights expressly granted herein) and goodwill pertain thereto belong exclusively to Paymentus. 7.9 Force Majeure Paymentus will be excused from performing the Services as contemplated by this Agreement to the extent its performance is delayed, Impaired or rendered impossible by acts of God or other events that are beyond Paymentus' reasonable control and without its fault or judgment, including without limitation, natural disasters, war, terrorist acts, riots, acts of a governmental entity (in a sovereign or contractual capacity), fire, storms, quarantine restrictions, floods, explosions, labor strikes, labor walk -outs, extra- ordinary losses utilities (including telecommunications services), external computer "hacker" attacks, and/or delays of common carrier. 7.10 Time of the Essence Paymentus and Client acknowledge and agree that time is of the essence for the completion of the Services to be performed and each parties respective obligations under this Agreement. 8 Indemnification 8.1 Paymentus Indemnification and Hold Harmless Paymentus agrees to the fullest extent permitted by law, to indemnify and hold harmless the Client and its governing officials, agents, employees, and attorneys (collectively, the "Client Indemnitees ") from and against all liabilities, demands, losses, damages, costs or expenses (including reasonable attorney's fees and costs), incurred by any Client Indemnitee as a result or arising out of (1) the willful misconduct or negligence of Paymentus in performing the Services or (ii) a material breach by Paymentus of its covenants. 8,2 Client indemnification and Hold Harmless Client agrees to the fullest extent permitted by law, to indemnify and hold harmless Paymentus, its affiliates, officers, directors, stockholders, agents, employees, and representatives, (collectively, the "Paymentus lndemnitees ") from and against all Page 5 of 7 4 June 2015 Paymentus liabilities, demands, losses, damages, costs or expenses (including without limitation reasonable attorney's fees and expenses) incurred by any Paymentus lndemnitee as a result or arising out of (I) the willful misconduct or negligence of Client related to the Services or (11) a material breach of Clients covenants. 8.3 Warranty Disclaimer Except as expressly set forth in this Agreement, Paymentus disclaims all other representations or warranties, express or implied, made to the Client or any other person, including without limitation, any warranties regarding quality, suitability, merchantability, fitness, for a particular purpose or otherwise of any services or any good provided incidental to the Services provided under this Agreement. 8.4 Limitation of Liability Notwithstanding the foregoing, the parties agree that neither party shall be liable to the other for any lost profits, lost savings or other special, indirect or consequential damages, even if the party has been advised of or could have foreseen the possibility of such damages. Paymentus' total liability for damages for any and all actions associated with this Agreement or the Services shall in no event exceed the specific dollar amount of the Paymentus Service Fee paid to Paymentus for the particular payment transaction which is the subject matter of the claim of damage. 9 Term and Termination 9.1 Term The term of this Agreement shall commence on the effective date of this Agreement and continue for a period of 5 (five) years (°Initial Term ") from the Launch Date. Services under this Agreement shall begin within 30 days of the merchant account setup. At the end of the Initial Term, any extension of the Agreement term shall be subject to written approval by City Council. This Agreement will automatically renew for successive three (3) year periods unless either Client or Paymentus provide the other party with not less than 6 (six) months prior written notice before such automatic renewal date that such party elects not to automatically renew the term of this Agreement; provided, however, that no automatic Master Services Agreement — Absorbed Confidential & Proprietary renewal shall be binding on the Client unless the extension of the term is approved by formal action of its City Council. 9.1 Material Breach A material breach of this Agreement shall be cured within 90 (ninety) days ( "Cure Period') after a party notifies the other of such breach. In the event, such material breach has not been cured within the Cure Period, the non - breaching party can terminate this Agreement by providing the other party with a 30 (thirty) days notice. 9.2 Upon Termination Upon termination of this Agreement, the parties agree to cooperate with one another to ensure that all Payments are accounted for and all refundable transactions have been completed. Upon termination, Paymentus shall cease all Services being provided hereunder unless otherwise directed by the Client in writing. Page 6 of 7 4 June 2015 Paymentus Schedule A — Paymentus Service Fee Schedule Paymentus Service Fee charged to the City will be based on the following model: Absorbed Fee Model Utility Payments, including Sanitation Fees Average Payment: $224 Paymentus Service Fee per qualified utility rate transaction • Credit/Debit Card Rate) • ACH/ eCheck $2.00 (Visa, MasterCard , Discover utility Program $1.00 Note: Maximum Amount per Payment is $500. Multiple payments can be made. Paymentus may apply different limits per transactions for user adoption or to mitigate risks. Miscellaneous Government Payments (Non - Utility), including, but not limited to: • Parking Citations • Parking Permits • Employee Health Premiums • Hangar Fees • Building Permit Fees • Recreation Class Payments Paymentus Service Fee • Credit/Debit Card /ACH 2.50 % of the payment amount, or $1.25, whichever is greater (Visa, MasterCard, Discover and ACH /e- Check) Master Services Agreement — Absorbed Confidential & Proprietary Page 7 of 7 4 June 2015 Paymentus Schedule B — Additional Services Paymentus Service Fee charged to the Customer will be based on the following table: Paymentus Solution /Service Paymentus Service Fee Paymentus Electronic Bill Presentment Set -Up $2500.00 Annual Fee (Waived) (Standard a -Bill) $450 Monthly Hosting Fee (Waived) • System Development • System Set Up / Implementation • File interface with CIS • System loading fees • Presentment fees • Customer email notifications • 3 month rolling historical e-bill hosting Paymentus Enterprise Communication Manager (Optional) Paymentus Enterprise Communications consists of outbound IVR (Integrated Voice Response — automated phone messaging), email, and SMS (Short Message Service — Text Messaging. There is no charge to the Customer for the infrastructure enabling these services. The fee to the Customer is charged on a per use basis, as follows: • IVR Outbound Message $0.15 per call • Email Outbound Message $0.05 per email message • SMS Outbound Message $0.25 per message (Available Upon Request) Fee Structure: ❑ Up to 1,000 combined messages (IVR and Email) per month: No Charge ❑ In excess of Allotted Messages per month: o $0.15 per IVR message o $0.05 per Email message ❑ The cost for customization of your outbound messages by Paymentus: No Charge Encrypted Swipe Devices (Optional) • Device Configuration $2500.00 Annual Fee (Waived) • System Set -Up /Implementation $ 225.00 Per Device Fee (Waived, up to two -2 devices) Page 8 of 8