2011-072 IT - ePlus Technology for professional services with IT support

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thereof. If the breach is of such a nature that it cannot reasonably be cured within such thirty (30) day period, the breaching Party shall commence to cure said `breach within such period, then diligently prosecute such cure to completion. C. Effect Of Termination. Termination in the event of Section 6 (A) or (B) does not relieve Customer's obligations to pay all fees that accrued before termination, subject to the provisions of Section 8. Late Payment Charge and Default. The termination of any SOW in accordance with the terms therein shall not modify the Term of this Agreement or the term of any other SOW. Customer agrees that upon termination of any SOW it will pay ePlus for all fees and costs incurred in the performance of its Services up to and including the date of termination of the SOW. 7. PRICING AND PAYMENT. A. Pricin¢ and Payment Terms. The pricing for each order received pursuant to this Agreement shall be administered as set forth in the applicable PO Number. Customer grants ePlus a purchase money security interest in all Products ePlus provides to Customer hereunder; as permitted by law. Upon payment in full for any item of equipment and any interest applicable to it, el'lus' security interest in that Product shall be released automatically. Customer agrees that, upon execution hereof, ePlus may file financing statements in such places as are necessary to perfect its security interest. Where Customer indicates how to apply payment, each payment for each item of equipment shall be applied to that item of equipment only. If Customer does not indicate how to apply payment, ePlus reserves the right to apply payments to customer's balance at its discretion. Unless otherwise agreed in writing, all payments will be due net thirty (30) days from the date of ePlus' invoice, shall be .made in U.S. Dollars, free of any currency control or other restrictions, and Customer shall pay ePlus by (I) che~le~br.money order drawn on a U.S. bank; (2) wire transfer to an account specified by ePlus, or (3) terms thati:may be extended upon receipt and approval of verifiable commercial trade reference. Customer shall bear all related bank fees and charges. Customer acknowledges that ePlus may participate in and retain the benefit of vendor incentive plans, rebate programs, or other programs with, among others, its travel providers wherein ePlus may receive benefits, such as frequent flier miles or other consideration. B. Exaense Reimbursement. Whenever any Services are provided by ePlus at any location requested by Customer other than at an ePlus location, ePlus will be reimbursed for all actual and reasonable travel and living expenses ("Expenses") provided such Expenses are in accordance with a standard reimbursement policy, the terms of which are set forth as follows: (i) Fees for out-of-pocket expenses will be invoiced to Customer on a monthly basis. (ii) Itemization is required for all expenses. (iii) Local travel time under two (2) hours will not be billable. (iv) The following guidelines shall apply for out-of-pocket expenses: • Lodeins. For less than one month, a single hotel/motel room at prevailing commercial rates within a reasonable distance from job location. • Meals. At actual cost (not to exceed fifty-five dollars ($55) per day). • Airline Fares. At actual cost for commercial coach or economy class within the continental United States. • Ground Transportation. Commercial shuttle services or hotel transportation to and from the airport should be used whenever practicable.,, ; Taxi service will only be used if such transportation is not available, or in emergency situations. • Auto Rental. Auto rental will be at actual cost for commercial standard size automobile, including operating expenses, if any. ©2010 ePlus Technology, inc. 09/01/10