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R2013-17 AUTHORIZING CITY MANAGER TO EXECUTE AND ENTER INTO A MASTER PAYMENT PROCESSING AGREEMENT AND ANCILLARY ADDENDUMS
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R2013-17 AUTHORIZING CITY MANAGER TO EXECUTE AND ENTER INTO A MASTER PAYMENT PROCESSING AGREEMENT AND ANCILLARY ADDENDUMS
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8/18/2015 4:22:29 PM
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Resolution/Ordinance
Res Ord Num
R2013-17
Res Ord Title
AUTHORIZING CITY MANAGER TO EXECUTE AND ENTER INTO A MASTER PAYMENT PROCESSING AGREEMENT AND ANCILLARY ADDENDUMS WITH FIRSTTECH, INC.
Department
Finance
Approved Date
2/19/2013
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6.1. Client recognizes that FirsTech may utilize certain financial institutions and other nationally recognized debit and <br /> credit card networks("Processors') in connection with providing the Services and that Processor's systems, rules <br /> and fees are outside the control of the FirsTech. Client agrees to abide by the rules of such Processors as they <br /> apply to the Services. Further, in the event FirsTech receives a compliance notice from any Processor, the <br /> Parties agree to use best reasonable efforts to resolve such compliance issue as required by such Processor in <br /> order to avoid or mitigate any potential fines thereunder. FirsTech has the right to modify service procedures or <br /> fees set forth in Addenda A through D <br /> 6.2. As a result of changes in Processor fees or Processor policies and procedures, any modification shall be <br /> preceded by written notice from FirsTech at least 30 days prior to such change. If Client objects to such change, <br /> then Client must deliver written notice of its objection to FirsTech within 15 days following receipt of any change <br /> notice. Upon receipt of Client's objection, FirsTech may reconsider the change and continue to provide services <br /> under existing terms of the unmodified Agreement or terminate the Agreement by delivering written notice to <br /> Client within 30 days of receipt of Client's objection. <br /> 6.3. Subsequent to the Commencement Date, Client may request changes to the System in order to increase <br /> transaction volume or improve Authorized User experience. Implementation of such changes shall not be <br /> unreasonably withheld by FirsTech, however, Client and FirsTech agree that an equitable adjustment shall be <br /> made if the changes substantially affect the time of performance or the cost of work to be performed under <br /> this Agreement. Such adjustments shall be agreed to, in writing, prior to the performance of any additional <br /> work by FirsTech. <br /> 6.4. Client agrees to promote FirsTech services initially by way of web and IVR announcements, bill inserts and <br /> storefront signage. FirsTech shall assist Client by providing insight on successful marketing strategies. After <br /> implementation and for the term and subsequent renewal term/s, Client shall maintain the following marketing <br /> elements for FirsTech services as covered in this Agreement and pursuant Addendums: <br /> Web site home page announcement <br /> IVR system announcements <br /> Statement inserts <br /> Statement messaging highlighting FirsTech services <br /> 6.5. FirsTech shall provide Client with daily reports regarding payments made by Authorized Users, which shall <br /> include, but not be limited to, authorized transactions, transaction methods, amounts, and chargebacks. Such <br /> reports shall be provided electronically in a format and method mutually agreeable to the Parties. Client agrees <br /> to allow FirsTech to transmit to and receive from Client's computerized billing system (the"Host Computer') <br /> transaction information necessary to enable Authorized Users to use the System and to properly debit and <br /> credit Client Bank Accounts. Transmissions will occur on FirsTech's normal business days. Unless otherwise <br /> agreed in writing, FirsTech will bear the cost and expense of communicating with Client's Host Computer. <br /> 7. No failure by both Party to exercise, and no delay in exercising any right hereunder shall operate as a waiver thereof; nor <br /> shall any single or partial exercise by either Party of any right hereunder preclude any other further exercise thereof or the <br /> exercise of any other right. <br /> S. The Parties understand and agree that a completed, fully executed, telefaxed Agreement is as valid and binding as the <br /> original. <br /> IN WITNESS WHEREOF,the parties hereto have caused this Agreement along with the attached Addenda A through D,to <br /> be executed as of the Effective Date by their duly authorized representatives. <br /> CITY OF Decatur FIRSTE NC <br /> By: By <br /> Name: a Name: 'T d w ASA I' /dO�V�yL <br /> (panted) (printed) <br /> Title: �Z �`'�' �;� Title: �2�5/��l�-� �c c' <br /> Date: (r3 Date: <br /> Master Agreement—City of Decatur -6- <br />
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