Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / letter-to-htm-transmitting-initial-draft.docx
letter-to-htm-transmitting-initial-draft.docx
Parties
HARKNESS LLP
Skybridge Fintech Ltd
Coastal Assurance Corp
Security Inc
Federal Deposit Insurance Corp
Grenier LLP
Dates
September 5, 2025
September 15, 2025
February 28, 2026
March 1, 2026
February 28, 2031
March 15, 2025
January 22, 2025
June 6, 2023
April 1, 2025
March 31, 2026
Amounts
$50,000,000
$53,600,000
$12,700,000
$3,600,000
$1,800,000
$9,325,000
$275
$317,500
$1,905,000
$233,125
Obligations
In the event of any inconsistency between this summary and the terms of the enclosed drafts, the terms of the enclosed drafts shall control
In addition, Meridian may conduct its own annual penetration test of the SkyComply™ platform at Meridian's expense, subject to the following conditions: (i) such testing shall be limited to application-layer testing of the SkyComply™ platform; and (ii) infrastructure-layer testing will require Skybridge's prior written consent, which shall not be unreasonably withheld but may be conditioned upon Skybridge's review and approval of the scope, methodology, and timing of such testing
On-site audits of Skybridge's facilities or its subprocessors' facilities shall be permitted only upon Meridian's demonstration of a material security concern that cannot be adequately addressed through documentary audit responses, and such on-site audits shall be conducted during normal business hours in a manner that does not unreasonably interfere with Skybridge's operations
Reservation of Rights The enclosed drafts of the MSA and ancillary documents are transmitted for negotiation purposes only and are not intended to create, nor shall they be construed as creating, any binding obligation on the part of Skybridge, Meridian, or any other party