COPY Decoment Expense Autre CopyWatch, Ine. LIE! ‘An agreements hereby entered ito between_ House f Represbhiet and copatch, Ie. under the fellorng tem ond condone: + Copyivatch, tne. wil perform an aut ofa the cllen’s current document expense costs fora copiers, ‘multfunctional devices and printers. This wil acude anin depth analysis of al illog plus recommendations that wil insure savings and recoveries going forward. ‘+ ts agred that CopyWatch, In. earns its fee upon completion ofthe auc and implementation of savings and Recoveries as described above in the Cent Agreement. ‘+ Tels understocd that CopyWtch, In. performing the audit 2s described herein in consideration of receiving the fee as cuted below. ‘Tes further understood that the Glen, In consideration of paying the agreed upon fees is receiving the results ofthe acl conducted by Cop}Watch, nc. andl further receiving the benefits ofthe expertise of (Copyateh, Inc to secure Recoveries and savings with ts current document expense cost. Fee ‘The fee for Recovery (refunds res, Incentives and lease sattement allowances) vil be 30% of the ‘amount creed to cent and payable to Copyiatch upon implementation of Recoveries, ne (A) any contract relating tothe Document Production Program I signed or any invoice with respect thereto rendered, or (B) any Cost Savings Recommendations are Implemented in some other manner. Ten percent (10%) ofthe aggregate ‘savings shal be paid on the implementation date and the balance of such fees shal be ald in four (4) ‘equal quertery installments commencing 0 days thereafter, aTeD THis Stay oF Sap fens 2016 ey. = dah ‘Client by__Matthew R, Smithy ‘CopyWatch, nc. “8 River Road, Barryile, WY E279 ‘Tei e4s-557-0962 (CopyWatch, Ie, wew.copevatch.com,rrakakls@eomvwatsh comsfnion of Tams Copy Inc athe business of auditing and anaiyzing Document Production (as defined below) expenses and, on the basis of such aut and analysts, providing cost reduaton recommensiaons in » Documents Production Savings Progra, in connection with these expenses (al ofthe foregoing services, "Satins", and Conyatc, Ine. desires to provide such Services to Cent, and Cent desires to engage CopyWatch, Inc. to perform such Serves, al in accordance with the terms and conditions hereof NOW, THEREFORE, In consideration of the mutual covenants contained inthis Agreement, the parties agree as folows: ‘Defntlan. As sod inthis Agreement, the following terms shall have the respective meanings specified below: “len” shall mean the Cent ands subsidies and afiiats, inclu parent, bother and ser companies, 35 wal a5 any entities that are controled by, conta, or are under commen cariol with, Chen {as shal mean Cent's curent actual aggregate expense for Equipment (defined below) usage, including ‘rss related to (0) leases therefor, (b) purchase of Equipment and related amortized expenses: maintenance contracts; () Equipment supplies, and (e) with respect to Daciment Prodton, per page usage ‘coats and any other releted expenses. "GostSavings Recommendations” shall mean specications se fart nthe Report (defined teow) ‘recommended by CopyWatch, Inc. o be taken by lent in order to reduce ls Cost for Docamers Production ‘and Equipment. "Escalation Savings” shall mean the reduced costs from price escalation clauses, "Document Production” shall mean al output generated from Equipment. ‘Eautpment shell mean back and whit and/or color, low volume and Figh-vlume copiers and mulifunctional devices, mainframe and desttop printers, facsimile machines and slr equipment: “Bscarer’ shal mean the sum of payments, refunds, reds, incentives, savings and lease settlement alomances actually realized by Cent from vendors har Chats engogenento Gon Wana ‘Besta Cost” shall meen Clients adjusted aggregate amount of Equipment or Document Production expenses es feng nto account a actual reductions to Clen’s Equpment or Document Production expenses, folowig ‘Besatt shall mean the writen report prepered by CopyWatch, Ine, dealing the Cost, the estimated amount of ‘apier/documect expenses for which CopyWatch, Inc. matains the Cent Is bing overthanged ce the amount of Savings (fined below) that Cop/Wach, inc. beeves is btaiable by renegotng, of nesoiating new, equpment leases and maintenance contracts and by electing ether savinge with cosaeee ‘Sina’ shal mean the actual ference between Cost and Reduced Cot. If there are no savings end! ‘recoveries implemented for the cllent there is no fee to CopyWatch, Ine "No-Dislase Aareement” CopyWatch, Inc. wil abide bythe Clents Non-Dsclose Agreement. ‘Th information nthe report is proprietary ond confidential end recommendation for soins end recovery oe rote for pt fe (3) ears ofthe det of th Report. inthe even tet lent, wth or tout he eee of nr at attr thn Copyotch pure any Cost Sevings Recomendar rcogins ony Recovery os evcig of {he Ganpatch let cgreement, shal be lable to Copy Watch, infor ses tet Copyetch, ne ween awe) ‘ont tronseetion, Copyetch, tne. Initiate MS cient nos Dif.