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  2. Finance Committee - Agenda - 8/3/2016 - P19

Finance Committee - Agenda - 8/3/2016 - P19

By dnadmin on Mon, 11/07/2022 - 09:50
Document Date
Wed, 08/03/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 08/03/2016 - 00:00
Page Number
19
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__080320…

TeamAbsolute

T - A M a SO U e 2277 Highway 36 West, Suite 160
Roseville, MN 55113

Main: 612-746-4070

Fax: 612-746-4071

MAS TER SERVICE § A GREEMEN T

Any such notice or other communication shalt be deemed to have been given (whether actually received or not) on the date
it is personally delivered as aforesaid or, if mailed, on the day it is delivered or on the fifth day after it is mailed, whichever
day is earlier, or if transmitted by facsimile, on the date that such notice is transmitted as aforesaid. A party may change
such party’s address for purposes of this Agreement by giving notice of such change to the other party pursuant to this Section.

14.7. Waivers. All waivers must be in writing. Any waiver or faiture to enforce any provision of this Agreement on one
occasion will not be deemed a waiver of any other provision or of such provision on any other occasion.

14.8 Severability. If any provision of this Agreement is unenforceable, such provision will be changed and interpreted to
accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions
will continue in full force and effect.

14.9 Counterparts. This Agreement may be executed in counterparts, each of which will be considered an original, but
all of which together will constitute one and the same instrument.

14.10 Sarbanes-Oxley Compliance. In accordance with Exhibit A, pursuant to Section 404 of the Sarbanes-Oxley Act of
2002, Client may be required to report on the effectiveness of its internal controls over financial reporting in the periodic
reports that it files with the Securities and Exchange Commission, and Client’s independent auditor may be required to issue
an opinion regarding the effectiveness such internal controls. To assist Client in complying with such obligations,
TeamAbsolute agrees to maintain an effective system of internal controls with respect to all services and products subject
to this Agreement (collectively, “Internal Controls”). While TeamAbsolute shall comply with all reasonable requests from
Client with respect to Internal Controls, TeamAbsolute is ultimately responsible for establishing and maintaining effective
Internal Controls. TeamAbsolute’s obligations hereunder shall include, without limitation, (i) ensuring that the products and
Services are secure from unauthorized intrusion (both internal and external) or from any other threats, (ii) maintaining
detailed documentation regarding the Internal Controls, (iii) periodically testing the Internal Controls, and (iv) otherwise
maintaining a strong control environment. TeamAbsolute will fully cooperate with Client with respect to its efforts to
maintain effective Internal Controls and comply with its obligations under federal laws. TeamAbsolute will provide such
documentation reasonably requested by Client or its independent auditor to verify the effectiveness of the Internal Controls,
which may include a certification from an officer of TeamAbsolute or from TeamAbsolute’s independent auditor.
TeamAbsolute will also provide Client and its representatives with reasonable access to the products and services for audit,
testing and verification of TeamAbsolute’s compliance with these requirements for Internal Controls.

14.11 Time of the Essence. Time is of the essence in the performance of the parties’ obligations pursuant to this Agreement.
AGREED AND ACCEPTED AS OF THE DATE SET FORTH ABOVE:

TeamAbsolute City of Nashua

Signature Signature

Kimberly M. Jacobson

Name Name
CFO / Managing Partner
Title Title

TeamAbsolute, © 2014 Page 13 of 14
Proprietary and Confidential

Page Image
Finance Committee - Agenda - 8/3/2016 - P19

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