This Services
Agreement (the “Agreement”) is made as of September 15
2008 (the “Effective Date”) by and between:
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Entrust Limited
(hereinafter
“Entrust”)
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1000 Innovation Drive, Ottawa,
Ontario K2K 3E7
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and
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ANDREW PINDER CONSULTANCY
LTD. ,
6 Lambert Jones Mews, Barbican, London, Ec2y
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8dp)
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(hereinafter
“Contractor”)
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WHEREAS
Entrust has
requested Contractor to perform the services hereinafter described
and Contractor has agreed to perform such services subject to the
terms and conditions hereinafter set out;
AND WHEREAS
Contractor has
represented that it has the specific knowledge, skill and
experience required to perform the services hereinafter described
and Entrust is relying upon the Contractor 's knowledge, skill and
experience.
NOW THEREFORE
, in consideration
of the mutual promises herein contained, the sufficiency of which
is hereby acknowledged, Entrust and Contractor agree as
follows:
“Acquisition
Event” has the meaning set forth in
the 2006 Stock Incentive Plan for Entrust, Inc
(“Plan”).
“Affiliate”
means any
corporation or other entity that Entrust, Inc. directly or
indirectly controls. In this context, an entity
“controls” a corporation or other entity if it owns
fifty percent (50%) or more of the voting rights for the board of
directors or other mechanism of control for the corporation or
other entity.
“Confidential
Information” means any business, marketing,
technical, scientific or other information disclosed by Entrust
(including its Affiliates) which, at the time of disclosure is
designated as confidential (or like designation), is disclosed in
circumstances of confidence, or would be understood by Contractor,
exercising reasonable business judgment, to be confidential.
Confidential Information includes the terms of this
Agreement.
“Deliverables”
means the items,
products, documents and/or services specified in a Statement of
Work which are provided by Contractor to Entrust under this
Agreement.
“Intellectual Property
Rights (IPR)” means all rights in any
invention, discovery, improvement, utility model, patent,
copyright, industrial design or mask work right, and all rights of
whatsoever nature in computer software and data, Confidential
Information, trade secrets or know-how, and all intangible rights
or privileges of a nature similar to any of the foregoing, in every
case in any part of the world and whether or not registered, and
shall include all rights in any applications and granted
registrations for any of the foregoing.
“Statement of
Work” means a Schedule (A-x) to this
Agreement, duly signed by each party, describing the Deliverables,
milestones, delivery dates, payment terms and any other information
related to the Deliverables to be provided by Contractor to
Entrust.
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2.
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SCOPE OF WORK
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2.1
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Contractor shall provide to
Entrust the Deliverables specified in a Statement of Work.
Contractor shall
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promptly advise
Entrust of any anticipated delays or difficulties in providing such
Deliverables. A Statement of
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Services Agreement
September 9,
2008
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1
Work may be modified from time
to time by an instrument in writing signed by each party's duly
authorized representatives.
2.2 Any
materials or equipment furnished by Entrust in connection with this
Agreement, unless fully paid for by Contractor, shall be deemed
loaned to Contractor, and title thereto shall at all times remain
with Entrust. Contractor shall return, at its expense and risk, all
such materials and/or equipment in the same condition as they were
when furnished by Entrust, reasonable wear and tear excepted, upon
request by Entrust or upon termination of this
Agreement.
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3.
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FEES AND
PAYMENT
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3.1
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Contractor shall provide the
Deliverables based on the fees in Schedule A-1 attached hereto.
Any
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additional fees
for the Deliverables are set forth in each Statement of Work. In no
event shall Entrust be liable to pay any fees in excess of the fee
limit stated each Statement of Work. No fees are payable to
Contractor until such time as the Deliverables have been accepted,
in writing, by Entrust. Unless otherwise stated, all fees exclude
applicable federal, state, provincial, use, value-added and local
taxes (excluding taxes based upon Contractor’s income).
Entrust shall pay to Contractor the amount of any such tax. Entrust
shall withhold any applicable withholding tax from payments made to
Contractor pursuant to this Agreement.
3.2 Entrust
shall reimburse Contractor for all reasonable travel and lodging
expenses incurred and paid by Contractor only if such expenses are
specified in any Statement of Work.
3.3 Entrust
reserves the right to audit all Contractor invoices. Contractor
shall give Entrust reasonable access to all supporting
documentation arising from Entrust’s audit
request.
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4.
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WARRANTY
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4.1
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Contractor represents and
warrants that: (a) the Deliverables shall be provided and/or
performed in a
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professional
and highly skilled manner that adheres to standards not less than
those generally accepted in the industry.
4.2 EXCEPT
AS SPECIFICALLY PROVIDED IN THIS AGREEMENT, BOTH PARTIES DISCLAIM
ALL OTHER REPRESENTATIONS, WARRANTIES AND CONDITIONS, EITHER
EXPRESS, IMPLIED, STATUTORY, BY USAGE OF TRADE OR OTHERWISE
INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OF
MERCHANTABILITY, NON-INFRINGEMENT, TITLE, SATISFACTORY QUALITY OR
FITNESS FOR A PARTICULAR PURPOSE.
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5.
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OWNERSHIP AND INTELLECTUAL
PROPERTY RIGHTS
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5.1
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The Deliverables provided by
Contractor pursuant to this Agreement are “works for
hire”.
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5.2
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Entrust shall own all right,
title and interest in and to the Deliverables including all
Intellectual Property
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Rights therein.
Contractor hereby transfers, assigns and conveys to Entrust all
right, title and interest in and to the Deliverables and the
Intellectual Property Rights therein and agrees to execute, and to
have its employees and subcontractors execute, without charge to
Entrust, any documents deemed necessary by Entrust to evidence
and/or secure Entrust's exclusive ownership of the Deliverables and
the Intellectual Property Rights therein.
5.3 Contractor
represents and warrants that it is the sole and exclusive owner of
the Deliverables and the Intellectual Property Rights therein and
has the free, clear and absolute right to sell, transfer, assign
and convey the same to Entrust and that all creators of the
Deliverables (including all persons engaged by Contractor to make
any contributions to the Deliverables) were, at the time of the
creation of the Deliverables, full-time, bona-fide employees of the
Contractor or, to the extent any such persons were not at such time
full-time, bona-fide employees of Contractor, Contractor has
obtained and possesses the written agreement of such persons
selling, transferring,
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Services Agreement
September 9,
2008
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2
assigning and conveying to
Contractor an unrestricted and complete right, title and interest
in such person’s contributions to the Deliverables and the
Intellectual Property Rights in such contributions (including,
without limitation, the unrestricted right of Contractor to further
sell, transfer, assign and convey such right, title and interest to
Entrust). Without limiting the generality of the foregoing,
Contractor does hereby waive its moral rights in the Deliverables
in favor of Entrust including, without limitation, the right to
restrain or claim damages for any distortion, mutilation or other
modification of the Deliverables or any part thereof, the right to
be associated with the Deliverables and the right to restrain use
of any reproduction of the Deliverables in any context. Contractor
also undertakes to ensure that each employee and subcontractor of
Contractor waive their moral rights in the Deliverables in favor of
Entrust.
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6.
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LIMITATION OF
LIABILITY
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6.1
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IN NO EVENT SHALL ENTRUST OR
CONTRACTOR (INCLUDING SUCH PARTY’S
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AFFILIATES,
SUBCONTRACTORS, AGENTS, SUPPLIERS, DIRECTORS OR EMPLOYEES) BE
LIABLE FOR ANY SPECIAL, INCIDENTAL, PUNITIVE, EXEMPLARY, INDIRECT,
RELIANCE OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION,
DAMAGES FOR LOSS OF BUSINESS, LOSS OF PROFITS, BUSINESS
INTERRUPTION, LOSS OF DATA, LOST SAVINGS OR OTHER SIMILAR PECUNIARY
LOSS) WHETHER ARISING FROM CONTRACT (INCLUDING FUNDAMENTAL BREACH),
TORT (INCLUDING NEGLIGENCE) OR ANY OTHER