Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / deal-points-memo.docx
deal-points-memo.docx
Parties
Harkness LLP
Quorum Insurance Holdings Corp
Associates LLP
Dravello Data Compliance Advisors LLC
M. Best
CPAs LLP
Sentinel Cyber Solutions LLC
Dates
April 23, 2024
March 11, 2024
March 13, 2024
March 22, 2024
April 2, 2024
April 8, 2024
April 10, 2024
April 15, 2024
April 18, 2024
April 1, 2023
Amounts
$7,000,000
$1,400,000
$14,000,000
$1.4
$14
$116,667
$2,333
$17,500
$150
$5,000,000
Obligations
1 now provides that Quorum retains "sole and exclusive" ownership of all Customer Data, and expressly states that nothing in the Agreement shall be construed to transfer, assign, or convey any ownership interest in Customer Data to Clearpoint
7% threshold, Quorum shall receive a service credit equal to 2% of the applicable monthly subscription fee
(ii) Export Formats: The data export must be provided in industry-standard formats, specifically ACORD XML and CSV, at Quorum's election
(iii) Cost: The data export shall be provided at no additional charge to Quorum, and Clearpoint may not impose any fees, surcharges, or conditions on the data-export process
the processing activities that would have been performed by the objected-to subprocessor) without penalty, and Clearpoint shall continue to perform such processing activities directly or through an alternative subprocessor acceptable to Quorum
The key elements of this provision are as follows: (i) Consent Requirement: Clearpoint may not assign, transfer, delegate, or otherwise convey the Agreement (by operation of law or otherwise) in connection with a Change of Control (as defined below) without Quorum's prior written consent, which consent shall not be unreasonably withheld, conditioned, or delayed