ࡱ>  bbjbjLALA 4.+g.+gY5Z Z 884d]^(F]H]H]H]H]H]H]$%`bhl]l]4] jF] F] >SX^U42]]0]BULCcCchXX8CcXl l]l]]CcZ X :  EQUIPMENT LICENSE AGREEMENT This Equipment LICENSE Agreement (the Agreement) is made and entered into on the date fully executed below (the Effective Date) by and between the Թ Board of Trustees (FAU) on behalf of its _____________________________________________________, whose address is ___________________________________________________________________________, and _____________________________________________________________________________________, a _______________________________________________, (Licensee) whose principal business address is ______________________________________________________________________________________, (Attn.: ________________________________; e-mail address: __________________________________). Licensed Equipment. Subject to the terms of this Agreement, FAU agrees that Licensee may license the equipment described in Exhibit A (the Equipment), attached hereto and herein incorporated by this reference. Exhibit A shall also outlined specific additional terms related to the Equipment, including: (a) a description of the Equipment, including its current condition; (b) the approximate value of the Equipment; (c) the purpose of Licensees use of the Equipment; (d) the date, time and location where the Equipment shall be picked up from and returned to; and (e) details as to where the Equipment will be located at all times during the term of this Agreement. Term/Time Frame. The Licensee to use the Equipment shall begin on __________________________ and shall end on __________________________ (the Term). Compensation/Payment Terms. Licensee agrees to pay to FAU as compensation for the Equipment the amount of $________ (the License Fee) each month in advance on the first (1st) day of each month. Payments should be sent to the above address, or any other address so designated by FAU. All checks should be made payable to: Թ. If the Term does not start on the first day of the month or end on the last day of a month, the License Fee shall be prorated accordingly. The Fee, and any other fees, taxes and costs due and payable by Licensee to FAU under this Agreement shall bear interest from the tenth (10th) day of the date due, and Licensee until paid at the lesser of (i) twelve (12%) percent per annum or (ii) the maximum interest rate per annum allowed by law. Licensee is responsible for paying all taxes, credit card fees, royalties, debit card fees or other fees associated with the License. Licensee shall also pay when due all taxes, if any, levied or assessed against FAU by reason of this Agreement or Licensees use of the Equipment (other than FAUs income taxes). Security Deposit. Prior to taking possession of the Equipment, Licensee shall deposit with Lessor, in trust, a security deposit of $__________ as security for the performance by Licensee of the terms under this Agreement and for any damages caused by Licensee or Licensees agents to the Equipment during the Term. FAU may use part or all of the security deposit to repair any damage to Equipment caused by Licensee or Licensees agents. However, FAU is not just limited to the security deposit amount and Licensee remains liable for any balance. Licensee shall not apply or deduct any portion of any security deposit from any amounts owed to FAU. Licensee shall not use or apply any such security deposit at any time in lieu of payment of the License Fee. If Licensee breaches any terms or conditions of this Agreement, Licensee shall forfeit any deposit, as permitted by law. Delivery. Licensee shall be responsible for all expenses and costs for shipping the Equipment to Licensees premises and of shipping the Equipment back to FAUs premises, at the location designated by FAU. Condition of the Equipment. Licensee has inspected the Equipment and acknowledges that the Equipment is in good and acceptable condition. Possession and Surrender of Equipment. Licensee shall exercise prudent care in the use and maintenance of the Equipment and shall maintain it in good working order. The Equipment shall be returned to FAU in the same condition as when it was leased to Licensee, ordinary wear and tear accepted. Licensee will be responsible for the cost of any repairs to the Equipment as a result of damage occurring during the Term hereof or arising out of or resulting from the rights granted to Licensee under this Agreement. In the event the Equipment is lost or damaged beyond repair, Licensee shall pay to FAU the replacement cost of the Equipment; in addition, the obligations of this Agreement shall continue in full force and effect through the Term. NO WARRANTIES. THE EQUIPMENT IS PROVIDED ON AN AS-IS BASIS WITHOUT WARRANTIES OF ANY KIND. FAU MAKES NO WARRANTY, WHETHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. FAU SHALL NOT BE RESPONSIBLE FOR ANY DAMAGE OR PROBLEMS WITH REGARD TO THE EQUIPMENT OR FOR ANY DAMAGES WHICH MAY BE CAUSED AS A RESULT OF THE USE OF THE EQUIPMENT. LIMITATION OF LIABILITY. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND, EVEN IF A PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. FAU'S MAXIMUM LIABILITY TO COMPANY FOR ANY ACTION ARISING UNDER THIS AGREEMENT, REGARDLESS OF THE FORM OF ACTION AND WHETHER IN TORT OR CONTRACT, SHALL BE LIMITED TO THE AMOUNT OF FEES PAID OR PAYABLE BY LICENSEE DURING THE SIX (6) MONTHS PRECEDING THE CLAIM. THE PARTIES AGREE TO THE ALLOCATION OF RISK SET FORTH HEREIN. Insurance Requirements. The Licensee shall obtain and maintain, at its sole cost and expense, policy or policies of insurance that covers the Equipment against all risks of loss or damage from every cause whatsoever for not less than the full replacement value of the Equipment described in this Agreement. In addition, Licensee shall obtain and maintain, at its sole cost and expense, general liability insurance, which includes coverage for bodily injury, property damage and contractual liability during the operation, handling and use of the Equipment with a minimum $1,000,000 per occurrence limit. The policies shall carry endorsements which name the Թ Board of Trustees, Թ, The State of Թ, the Թ Board of Governors, and their respective trustees, directors, officers, employees and agents named as an Additional Insured and/or Loss Payee as appropriate to the type of policy. Unless previously authorized by FAU, the policies required above shall be issued on a first dollar basis with no deductible or self-insured retention. In the event any of the policies are subject to a deductible or self-insured retention, it is the sole responsibility of the Licensee to pay such deductible or self-insured retention. The insurance provided for herein shall be issued by insurance companies authorized do to business in the State of Թ and with general policy holders rating of not less than A- and a financial rating of not less that Class VIII as rated in the most current available Bests insurance reports. Certificates of insurance shall be delivered to FAU prior to the Equipment being provided to Licensee. All policies of insurance required hereby must contain a provision that the company writing said policy will endeavor to give to FAU thirty (30) days notice in writing in advance of any cancellation or lapse or of any reduction in the amounts of coverage. If Licensee fails to secure and maintain insurance policies complying with the provisions of the Agreement, FAU may terminate the Agreement. The absence of a demand for any type of insurance certificates or policy or insurance condition, or for higher coverage limits shall not be construed as a waiver of Licensees obligations to carry and maintain the appropriate types of insurances at limits that are appropriate to the exposure associated with the Agreement. FAU, upon request, reserves the right to obtain a copy of the policies requested above. FAUs Representations. FAU represents and warrants that he/she has the right to lease the Equipment as provided in this Agreement and that Licensee shall be entitled to quietly hold and possess the Equipment, and FAU will not interfere with that right as long as Licensee pays the License Fee in a timely manner and performs all other obligations under this Agreement. Default. If Licensee fails to comply with any provision of this Agreement, in addition to any other remedies available to FAU whether at law or in equity, FAU may terminate this Agreement immediately. Notwithstanding any provision herein to the contrary, Licensees failure to make any payments due under this Agreement shall be considered a material breach entitling FAU to immediately terminate this Agreement in its discretion, without any notice or opportunity to cure said default. All deposits, payments, advances, or other compensation paid by the Licensee to Licensee shall be forfeited and become the property of FAU. In no event shall FAU be liable to Licensee for any consequential, incidental, special and/or indirect damages or losses (in contract or tort), including, but not limited to, any lost revenues or savings in connection with this Agreement and/or any breach and/or default by FAU hereunder. Termination. FAU shall have the right to terminate this Agreement for any reason whatsoever, in FAUs sole and absolute discretion, upon providing Licensee with thirty (30) days prior written notice of termination. In the event of such termination, FAU shall reimburse Licensee for any payments previously paid by Licensee to FAU. Ownership; No Encumbrances. The Equipment is and shall remain the exclusive property of FAU Licensee shall keep the Equipment free and clear of any liens or other encumbrances, and shall not permit any act where FAUs title or rights may be negatively affected. The parties further acknowledge that the State of Թ does not permit vendors to retain security interests in state property or liens on state lands. Confidentiality of Information. Licensee agrees to keep FAUs information confidential, and will act in accordance with any guidelines and applicable laws (e.g. Family Educational Rights and Privacy Act (FERPA) and the Gramm-Leach Bliley Act.) If Licensee will have access to any protected health information, Licensee will enter into a business associates agreement with FAU. This provision shall survive termination of the Agreement. Public Records. Licensee acknowledges that FAU is subject to Chapter 119 of the Թ Statutes, commonly known as the Public Records Law, and FAU will respond to such public records request without any duty to give Licensee prior notice. This Agreement and any related documents and correspondences Licensee submits to FAU shall become a public record subject to the Թ Public Records Law. FAU may unilaterally terminate this Agreement for Licensees refusal to allow public access all public records made or received in conjunction with this Agreement. This provision shall survive the expiration or earlier termination of this Agreement. Compliance. Licensee, its employees, contractors, agents, representatives, invitees and each of its participants shall abide by all applicable federal, state, and local laws, rules and regulations, and FAU policies, procedures, rules and regulations, (collectively, the Laws) in performing the Agreement terms, including, but not limited to, in its use of the Equipment. Licensee understands that FAU regulations, policies and/or procedures can be viewed on the designated FAUs website(s), as applicable. Without limiting any other provision herein, FAU may cancel this Agreement at any time if FAU determines, in its sole discretion, that any actions by Licensee, its employees, contractors, agents, representatives, invitees and/or participants constitutes a violation of any Laws and FAU shall not be subject to any liability for said cancellation. Prohibitions. Unless expressly and specifically authorized in writing by FAU in advance, Licensee is prohibited from (a) using FAUs name, trademarks, logos, or other marks without FAUs prior written approval in each instance; (b) incurring any debt or obligation on behalf of FAU; (c) entering into any contract, arrangement, or transaction which binds FAU to any extent or creates any obligation on FAU; and/or (d) utilizing FAUs name, credit, reputation, good-will, resources, and/or assets for any purpose without the prior and explicit written approval of FAU. Indemnification. Licensee shall indemnify, defend and hold harmless Թ, the State of Թ, The Թ Board of Trustees, The Թ Board of Governors, and their respective trustees, directors, officers, agents, employees, contractors, and other representatives (collectively Indemnitees) from and against any and all demands, claims, causes of action, injury, death, fines, penalties, damages, losses, liabilities, judgments, and expenses (including, without limitation, attorneys fees and court costs) related to (i) Licensees use or handling of the Equipment; (ii) damage to property arising from Licensee using and possessing the Equipment or from the acts or omissions of any person or persons, including Licensee, using or possessing the Equipment with Licensees express or implied consent; (iii) any breach, violation, or nonperformance of this Agreement; and/or (iv) any injury or damage to the person, property, or business of License. Nothing in this Agreement shall be deemed to affect the rights, privileges, and immunities of Indemnitees as are provided for by law. Nothing in this Agreement shall be construed as a waiver of sovereign immunity beyond that provided in Թ Statutes 768.28. Governing Law. This Agreement and the rights and obligations of the parties shall be governed by and construed according to the laws of the State of Թ. Exclusive jurisdiction and venue of any actions arising out of this Agreement shall be in Palm Beach County, Թ. Taxes. Licensee acknowledges sole responsibility for the payment of all applicable federal, state, and local taxes and fees of whatever nature that are associated with the use of the Equipment. Relationship of the Parties. Licensee acknowledges and agrees that FAUs sole role in this matter is to authorize Licensee to use FAUs Equipment for the purposes provided herein. This is not a joint venture between FAU and Licensee. Licensee is an independent contractor, and neither Licensee nor Licensees employees, contractors, agents, or other representatives shall be considered FAU employees, contractors, agents or representatives. Conflict of Interest. Licensee represents that no University employee who has, or whose relative has, a relationship with FAU, will violate the Code of Ethics for Public Officers and Employees, including, but not limited to F.S. Section 112.313(3) and (7) and F.S. 112.3185(6) thereof, by reason of Licensee entering into this Agreement. Federal Funds. If FAU has entered into an agreement with the United States of America, or any Department thereof, and the Agreement is entered into with Licensee is to further the performance of the work required in such federal agreement, Licensee shall comply with the terms contained in FAUs Federally Funded Projects Addendum available to Licensee upon request, and is herein incorporated by this reference. Notices. All notices, consents, approvals, and other communications (collectively Notices) which may be or are required to be given by either party under this Agreement shall be properly given only if made in writing and sent to the address of the other party as set forth above, or as modified in accordance herewith, by hand delivery, U.S. Certified Mail (Return Receipt Requested) or a nationally recognized overnight delivery service. Either party may change its address for Notices by giving written notice to the other party in accordance with this provision. Waiver/Severability/Binding Effect. The waiver by either party of a breach or a violation of any provision of this Agreement shall not operate as or be construed to be a waiver of any subsequent breach thereof. If any provision or application thereto to any circumstance is held to be invalid or unenforceable, such provision shall be ineffective and the remainder of this Agreement shall remain valid and enforceable. This Agreement shall be binding upon and inure to the benefit of the parties hereto. Assignment/Modification. Each term and condition of this Agreement is material and any breach or default by Licensee in the performance of each such term and condition shall be a material breach of the entire Agreement for which FAU shall have the right to terminate this Agreement immediately upon notice to Licensee and without termination penalty to FAU. Licensee may not, without the advance written approval of FAU, assign any right or delegate any duties under this Agreement, nor may it transfer, pledge, surrender or otherwise encumber or dispose of its interest in any portion of this Agreement. Failure to exercise or delay in exercising any right, power or remedy accruing to FAU on any breach or default of Licensee shall not impair any such right, power or remedy, or be construed as a waiver of any such breach or default or of any similar breach or default occurring; nor shall any waiver of any single breach or default be construed as a waiver of any other breach or default occurring. Entire Agreement. This Agreement embodies the entire agreement of the parties, and there are no other representations, promises, agreements, conditions or understandings, either oral or written, between FAU and Licensee other than are set forth. No subsequent alterations, amendment, change or addition to this Agreement shall be binding upon either FAU or Licensee unless reduced to writing and signed by them and by direct reference made part hereof. Signatures. The parties represent and warrant that any person signing the Agreement has the authority to do so and that such signature shall be sufficient to bind Licensee. The Agreement may be signed electronically and shall be considered signed if/when a partys signature is delivered by facsimile or e-mail transmission of a .pdf format date file, including via DocuSign. Such signature shall be treated in all respects as having the same force and effect as an original. [SIGNATURE PAGE TO LOCATION AGREEMENT BETWEEN ____________________________________________ AND THE FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES] The parties execute this Agreement as of the date written below each signature block and each party executing this Agreement warrants and represents that it is authorized by its respective entity to execute a binding Agreement. LICENSEE: FAU: __________________________________ THE FLORIDA ATLANTIC _________________________________, UNIVERSITY BOARD OF TRUSTEES By: ________________________________ By: ____________________________________ Name: _____________________________ Name: __________________________________ Title: ______________________________ Title: ___________________________________ Date: _______________________________ Date: ___________________________________ EXHIBIT A Description of Equipment Description of Equipment: _______________________________________________________________ ______________________________________________________________________________________ _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________. Value of Equipment: ____________________________________________________________________ _____________________________________________________________________________________. Purpose: ______________________________________________________________________________ ______________________________________________________________________________________ ___________________________________________________________________________________________________________________________________________________________________________. Additional Details: _____________________________________________________________________ ______________________________________________________________________________________ ______________________________________________________________________________________ _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________. Schedule: *Equipment Pick-up Location (From FAU) OR Equipment Delivery Location (to Licensee): Date: _________________________________________________________________________________ Time: _________________________________________________________________________________ Location: ______________________________________________________________________________ Additional Equipment Location 1 (if any): Date: _________________________________________________________________________________ Time: _________________________________________________________________________________ Location: ______________________________________________________________________________ Additional Equipment Location 2 (if any): Date: _________________________________________________________________________________ Time: _________________________________________________________________________________ Location: ______________________________________________________________________________ Additional Equipment Location 3 (if any): Date: _________________________________________________________________________________ Time: _________________________________________________________________________________ Location: ______________________________________________________________________________ Additional Equipment Location 4 (if any): Date: _________________________________________________________________________________ Time: _________________________________________________________________________________ Location: ______________________________________________________________________________ *Equipment Return: Date: _________________________________________________________________________________ Time: _________________________________________________________________________________ Location: ______________________________________________________________________________ *Equipment pick up and return must take place during regular FAU business hours.     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