Nebraska Support Agreement between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp License Arrangements — Keywords: Nebraska Support Agreement, 724 Solutions, Inc., 724 Solutions International, NRL, Chicory Strategic Technology Corp, license arrangements, software licensing, technology support, service level agreements, intellectual property, technical assistance, maintenance services, enterprise software, Nebraska Legal Agreement, contractual obligations. Introduction: The Nebraska Support Agreement is a comprehensive legal document that outlines the license arrangements between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp. These license agreements are established to define the terms and conditions regarding the use, maintenance, and support of the licensed software. The agreement ensures that technical assistance, service level agreements, and other support services are provided in compliance with Nebraska Legal Agreement. Types of Nebraska Support Agreements: 1. Software Licensing Agreement: The Software Licensing Agreement is a specific type of Nebraska Support Agreement that outlines the terms and conditions for granting the right to use the software developed by 724 Solutions, Inc., and 724 Solutions International, NRL. It defines the scope, duration, and limitations of the license, ensuring that Chicory Strategic Technology Corp can legally use the software while protecting the intellectual property rights of the licensors. 2. Technology Support Agreement: The Technology Support Agreement is an essential component of the Nebraska Support Agreement, focusing on the provision of technical assistance and support services by 724 Solutions, Inc., and 724 Solutions International, NRL. This agreement establishes the responsibilities and obligations of the technology support provider, ensuring that Chicory Strategic Technology Corp receives timely and efficient support for any technical issues or inquiries related to the licensed software. 3. Maintenance Services Agreement: The Maintenance Services Agreement is another key aspect of the Nebraska Support Agreement, defining the terms and conditions for ongoing system maintenance and upgrades provided by 724 Solutions, Inc., and 724 Solutions International, NRL. It covers the details of scheduled maintenance activities, bug fixes, software updates, and enhancements, ensuring that the licensed software remains in optimal working condition while complying with service level agreements. Key Elements and Provisions: a. Intellectual Property Rights: The Nebraska Support Agreement highlights the ownership and protection of intellectual property rights related to the licensed software. It establishes that all proprietary rights, including patents, copyrights, and trade secrets, remain the sole property of 724 Solutions, Inc. and 724 Solutions International, NRL. b. Technical Assistance: This section outlines the technical assistance obligations of 724 Solutions, Inc., and 724 Solutions International, NRL, ensuring that they provide prompt and efficient support to Chicory Strategic Technology Corp in resolving any issues related to the licensed software. It includes provisions such as response times, communication channels, and procedures for reporting and resolving technical problems. c. Service Level Agreements (SLAs): The Nebraska Support Agreement defines service level agreements to establish measurable targets for performance, availability, and reliability of the licensed software. It ensures that 724 Solutions, Inc., and 724 Solutions International, NRL commit to maintaining agreed-upon service levels, with penalties for non-compliance to ensure accountability. d. Updates and Upgrades: This section outlines the procedures for software updates, upgrades, and enhancements provided by 724 Solutions, Inc., and 724 Solutions International, NRL. It covers the notification process, deployment timeline, and any associated costs for implementing new versions or releases of the licensed software. e. Termination and Renewal: The Nebraska Support Agreement includes provisions regarding the termination of the licensing arrangement. It outlines the conditions under which either party can terminate the agreement, including breaches of contractual obligations, compliance failures, or non-payment. Additionally, it highlights renewal terms and conditions if both parties wish to extend the agreement beyond its initial term. Conclusion: The Nebraska Support Agreement between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp outlines the parameters of licensing arrangements, emphasizing software usage rights, technical assistance, maintenance services, and compliance with service level agreements. By establishing clear terms and conditions, rights and obligations, this agreement ensures a mutually beneficial relationship between the parties involved.