FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / quorum-counter-term-sheet-draft.docx
quorum-counter-term-sheet-draft.docx · 1025-00008

Parties

Between Quorum Insurance Holdings Corp
Harkness LLP
Quorum Insurance Holdings Corp
Engineering Quorum Insurance Holdings Corp

Dates

September 28, 2022
September 12, 2022
August 15, 2022
June 15, 2021

Amounts

$10,800,000
$12,300,000
$49,200,000
$60,000,000
$2,700,000
$3,075,000
$1,500,000
$750,000
$0.003
$500,000,000

Obligations

This Counter-Term Sheet is intended solely as a basis for further negotiation between the parties and does not constitute, and shall not be deemed to constitute, a binding agreement, commitment, or obligation of either party, whether express, implied, or otherwise
Detailed technical specifications, data dictionaries, record schemas, field-level definitions, and delivery protocols for each Licensed Data Product shall be set forth in Technical Schedule A to the definitive MDLA
The definitive MDLA shall include a comprehensive definition of "Permitted Uses" consistent with the foregoing, and shall be drafted with sufficient breadth to accommodate Quorum's evolving business needs and technological capabilities during the Term
During the Ramp Period, Meridian shall provide reasonable technical support and cooperation in accordance with the implementation plan to be set forth in Technical Schedule A
(c) First Installment: The first quarterly installment for Year 1 ($2,700,000) shall be due and payable within thirty (30) calendar days following the Effective Date
(d) Subsequent Installments: Each subsequent quarterly installment shall be due and payable on the first business day of the applicable calendar quarter (or such other payment dates as may be mutually agreed in the definitive MDLA)