Extract to table

All information contained herein shall be treated as Confidential Information of Quorum as defined in the Mutual NDA

Quorum proposes that the MDLA include a provision under which, if Meridian offers any other United States-domiciled insurance carrier, managing general agent, or insurtech firm with annual premiums written of $500,000,000 or more (measured by such entity's most recently available statutory filings or audited financial statements) more favorable per-record pricing, volume discounts, or fee terms for comparable data products and services, Quorum's pricing shall be automatically adjusted to match such more favorable terms

Fourth, the parties have already agreed — per the term sheet exchange — that New York law shall govern the MDLA

However, Quorum insists that any Derived Data created by Quorum during the term of the MDLA must survive termination or expiration of the agreement and remain Quorum's property without restriction, limitation, or additional obligation

Meridian shall provide certificates of insurance to Quorum upon execution of the MDLA and annually thereafter

Late Payment and Fee Provisions Quorum proposes that the MDLA include a late payment interest provision specifying that any amounts not paid when due shall accrue interest at a rate of 1