South Carolina Support Agreement between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp is a comprehensive document that outlines the terms and conditions of license arrangements between the parties involved. This agreement ensures that the licensed technology and software provided by 724 Solutions, Inc. and 724 Solutions International, NRL are effectively supported and maintained by Chicory Strategic Technology Corp. The South Carolina Support Agreement establishes the scope and responsibilities of each party in relation to the licensed technology. It includes provisions for ongoing technical support, regular software updates, bug fixes, and system maintenance. The agreement also specifies the timeframe and methods of support delivery, ensuring that any reported issues or queries are adequately addressed and resolved in a timely manner. Furthermore, the South Carolina Support Agreement outlines the financial aspects of the license arrangement. It includes details such as payment terms, pricing structures, and any additional fees associated with the provision of support services. This agreement ensures transparency and clarity in the financial transactions between the parties, preventing any ambiguity or disputes. Additionally, the South Carolina Support Agreement may have different types or variations depending on the specific requirements and arrangements agreed upon. Some potential variations could include: 1. Basic Support Agreement: This type of support agreement covers the essential technical support and maintenance required for the licensed technology. It typically includes bug fixes, software updates, and limited assistance for end-users. 2. Premium Support Agreement: This type of support agreement provides enhanced technical support services, often tailored to meet the specific needs and preferences of the licensee. It may include extended support hours, dedicated technical support personnel, and prioritized issue resolution. 3. Comprehensive Support Agreement: This type of support agreement encompasses a wide range of support services beyond basic maintenance and bug fixes. It may include services such as consulting, customization, training, and on-site support, among others. This agreement is suitable for licensees requiring extensive support and a higher level of involvement from the licensor. In conclusion, the South Carolina Support Agreement between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp establishes the terms and conditions for license arrangements and ensures effective support for the licensed technology. Different types of support agreements may exist based on the specific needs and preferences of the parties involved.