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HomeMy WebLinkAbout2025-099 AGRMT AMND #2 Selectron Technologies, Inc. AMENDMENT NO. 2 to SELECTRON TECHNOLOGIES, INC. MASTER SERVICES AND HOSTING AGREEMENT between SELECTRON TECHNOLOGIES,INC., a domestic business corporation, ("Selectron") and THE CITY OF ASHLAND, an Oregon municipal corporation, ticitytt) for access to and use of certain software and materials. RECITALS A. The City and Selectron previously entered into a Master Services and Hosting Agreement effective July 20, 2017 (the "Agreement"). B. The City and Selectron now wish to amend the Agreement to extend the initial term, and include a provision about Cyber Liability Insurance coverage. AGREEMENT NOW THEREFORE, in consideration of the mutual benefits and obligations set forth herein,the parties agree as follows: 11.1 Term. This term of this Agreement shall commence on July 1, 2025, and shall continue in full force and effect until June 30, 2027. This Agreement may be terminated by either party upon not less than sixty(60) days written notice to the other party. 3. Add the following new Subsection 12.17 to the Agreement as follows: 12.17 Cyber Liability Insurance Coverage: Selectron shall obtain and maintain throughout the term of this Agreement, at Selectron's sole expense, Cyber Liability and Technology Errors & Omissions insurance coverage with limits of not less than $1,000,000 (one million U.S. dollars) per occurrence and an aggregate coverage of not less than $1,000,000 (one million U.S. dollars) covering all costs and expenses arising directly or indirectly out of Selectron's actions and services under this Agreement for the any of the following, non-exhaustive circumstances: 12.17.1 Breach, access to, or disclosure of any confidential or personal information, including but not limited to, personal identifying information, financial account details, protected health information (PHI), passwords, or any other type of non- public information; and 12.17.2 The loss of, damage to, corruption of, inability to access, or manipulation of data; and 12.17.3 Any damages for notification costs, credit monitoring expenses, forensic Page 1 of 2: Amendment No.2 to Master Services and Hosting Agreement with Selectron Technologies, Inc. expenses, public relations expenses, or any other loss; any damage to City's hardware or software; or related costs or expenses; and 12.17.4 Loss of use of City's data, hardware, or software. 4. This Amendment No. 2 is effective July 1, 2025. 5. Except as specifically modified by this Amendment No. 2, the terms and conditions of the Agreement remain in full force and effect. In the event of a conflict between any of the terms in the Agreement and this Amendment No. 1,this Amendment No. 1 shall control. IN WITNESS WHEREOF the parties have caused this Amendment No. I to be signed in their respective names by their duly authorized representatives as of the dates set forth below: CITY OF ASHLAND, OREGON SELEC N TECHNOLOGIES,INC. By: By: Marian Berry Director of Finance Printed Name: Date: 7/1 5/25 Title: e i Date: Page 2 of 2: Amendment No. 2 to Master Services and Hosting Agreement with Selection Technologies,Inc.