License Agreement Addendum
This License Agreement Amendment (the "Amendment") to License Agreement no 031212021 by and between City of Stockton, CA ("Customer") and Zencity Technologies US Inc. ("Zencity"), dated as of March 2, 2022 (the "License Agreement") is entered into as of March 2, 2024 (the "Amendment Date").
All capitalized terms not defined herein shall have the meaning ascribed to such terms in the License Agreement.
Whereas, the Parties wish to amend certain terms of the License Agreement as set forth herein; Now, therefore, the Parties hereto agree to amend the terms of the License Agreement as set forth below.
1. Term. The Term of the Addendum is hereby extended for a 12-month period commencing as of March 2, 2024 and ending on March 2, 2025 (the "Renewal Term"), after which the Addendum shall automatically renew for successive periods of 12 months unless either Party provides notice of non-renewal at least 60 days prior to the end of such applicable term.
2. Recurring Fees. The Recurring Fees table included in the License Agreement shall be amended to also include the following:
RecurringFees
Name SKU ProductDescription YearlyList
Price
Yearly
Discounte
dprice
Term Discounted
TermPrice
Zencity
Subscription
Renewal
ZC-RN
W
As referenced in previous contract
Included in package: Zencity 360, Zencity Organic, Quarterly community surveys
$72,000 $43,000 12 months $43,000
ZencityPulse
Survey
ZC-PB Ad-hoconlinesurveyforgeneratingquickresultsontimely issues.Distributionis managedbytheclient;Zencitywill
process,analyzeanddelivertheresultsinanexecutivereport. $32,000 $20,000 12
months
$20,000
TotalListPrice $104,000
Totaldiscount -($41,000)
TotalYearlyfees $63,000
3. General. This Addendum shall form an integral part of the License Agreement.. Unless expressly specified herein, all other provisions, terms and conditions in the License Agreement shall apply and shall remain in full force and effect. In case of any contradiction or discrepancy between the terms of this Addendum to those of the License Agreement, with respect to matters described herein, the terms of this Addendum shall prevail.
In witness whereof, the parties have executed this Addendum, effective as of the Addendum Date.
Zencity Customer
ATTACHMENT A