Shred it’s fees shall be calculated at the rates set forth in the attached “Exhibit A”. The Maximum Compensation for the performance of Services within the Scope of Services described herein is eighty thousand dollars and 00/100 ($80,000.00). In no case shall the amount paid by County under this Agreement or the rates for Services as described in “Exhibit A” exceed the Maximum Compensation without an approved change order.
Shred. It will keep an electronic copy of each Certificate of Destruction, can provide copies upon request.
Shred it and Purchaser Sub 1 agree to the following adjustments to the Shred-it International Purchase Price (the “Adjustment Amount (Shred-it International)”) which may be offset against each other for purposes of determining a single payment amount to be made by Shred-it or Purchaser Sub 1, as the case may be:”
Shred it and Cintas will coordinate and cooperate in exchanging information and supplying assistance that is reasonably requested in connection with this Section 4.9 including providing each other with advanced copies and reasonable opportunity to comment on all notices and information supplied to or filed with any Governmental Entity, and all notices and correspondence received from any Governmental Entity. To the extent that any information or documentation to be provided by a Party to another Party pursuant to this Section 4.9 is competitively sensitive, such information may be provided only to external counsel for the receiving Party on an external counsel only basis and the applicable clean team.
Shred it shall promptly notify Cintas, and Cintas shall promptly notify Shred-it, of the occurrence, or failure to occur, of any event or state of facts which occurrence or failure would, or would be reasonably likely to:
Shred it may not elect to exercise its right to terminate this Agreement pursuant to Section 7.1(1)(c)(i) and Cintas may not elect to exercise its right to terminate this Agreement pursuant to Section 7.1(1)(d)(i), unless the Party seeking to terminate this Agreement has delivered a written notice to the other Party specifying in reasonable detail all breaches of covenants, representations and warranties or other matters which the terminating party asserts as the basis for termination. After delivering a termination notice, provided the breaching party is proceeding diligently to cure such matter and such matter is capable of being cured, the terminating party may not exercise such termination right until the earlier of: (a) the Outside Date; and (b) the date that is 20 days following receipt of such termination notice by the breaching party, if such matter has not been cured by such date.
Shred incinerate, or pulp hard-copy materials so that cardholder data cannot be reconstructed. Secure storage containers used for materials that are to be destroyed.
