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  2. Finance Committee - Agenda - 3/21/2018 - P57

Finance Committee - Agenda - 3/21/2018 - P57

By dnadmin on Mon, 11/07/2022 - 11:45
Document Date
Wed, 03/21/2018 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 03/21/2018 - 00:00
Page Number
57
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__032120…

TOKEN TRANSIT™
DIGITAL PASS SALES OUTLET AGREEMENT

This DIGITAL PASS SALES OUTLET AGREEMENT (the “Agreement”) dated 2018 (the
“Effective Date”), is made by and between Token Transit, Inc., a Delaware corporation (“TT”), with its principal
place of business located at 3425 19th St. San Francisco, CA 94110, and the City of Nashua a NH Municipal
Corporation (“Agency”), with its principal place of business located at 229 Main Street, Nashua NH 03060
(each of TT and Agency may be referred to as a “Party”) with respect to the following:

WHEREAS, TT is the owner of a transportation ticketing and administration service, software, and
related materials (collectively, the “Service”) which includes a downloadable mobile application (the “TT App”)
currently available for Android and Apple smartphone devices allowing riders to purchase transit passes using
credit or debit cards (among other payment methods that may be added to the Service), and then activate
those digital passes which are visually validated by transit operators at the time of use; and

WHEREAS, the Agency seeks to authorize TT to sell prepaid digital transit fares through the TT App to
allow riders of Agency's transit system (such riders of Agency are referred to herein as “Riders”) to ride Nashua
Transit Fixed Route (pre-paid digital transit fares for Riders purchased through the Service are referred to

herein as “Digital Fares”);

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants hereinafter set forth,

the Parties hereby agree as follows:
TERMS AND CONDITIONS

Section i Digital Fare Sales.

1.1 Authorization to Sell Digital Fares; Agency
Policy Information.

{a) Agency grants to TT, during the Term, a
nonexclusive right to sell Digital Fares in connection
with Agency’s Riders through the Service. Riders may
download the TT App directly from TT and/or TT's
authorized distribution platforms (e.g., the Apple App
Store and/or the Google Play Store).

{b} Agency shall provide TT with information

Token Transit, Inc. CONFIDENTIAL
vy. 02/18/2018

regarding Digital Fares such as refund and Digital Fare
expiration information {“Agency Policy
information”}. TT currently makes available a web
portal as part of the Service which is subject to the
terms herein (and TT’s then current website terms of
service applicable to the web portal, if any) in order
for Agency to upload Agency Policy information
and/or access certain data from TT such as payment
reports. Agency represents and warrants that it has all
rights and authorizations necessary to grant the rights
stated in this Agreement, to provide TT with Agency
Policy Information, and that the Agency Policy
information is accurate.

1.2 Restrictions. Agency shall not reverse

Page Image
Finance Committee - Agenda - 3/21/2018 - P57

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