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ePARK Systems, Inc., Agreement 0101/— 07766g AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND ePARK SYSTEMS, INC. FOR THE PURCHASE OF IN- VEHICLE PARKING METERS (IVPM'S) FOR THE CITY OF MIAMI BEACH PARKING SYSTEM THIS AGREEMENT, made this �a/ day of /4ht( , 2011, by and between the City of Miami Beach, a municipal corporation existing urYder the laws of the State of Florida, hereinafter referred to as the "City," and ePark Systems, Inc., a Delaware Corporation duly authorized to do business in the State of Florida, hereinafter referred to as the "Contractor" or "ePark ". WHERAS, the Contractor has developed certain proprietary technology identified as "in- vehicle parking meters devices" (IVPM) that will enable the City, through its Parking Department, to sell the Contractor's IVPM (also referenced to herein as "iPark" devices) that can be used at City single and /or multi -space parking sites to pay for actual parking time (for a pre -paid amount of parking hours), without the necessity or inconvenience of stepping out of one's vehicle or looking for change /cash /credit card for said parking meters; and WHEREAS, Contractor and City have negotiated the following agreement for the City's purchase of IVPM's and other related goods and services for implementation within the Citys' identified parking facilities NOW, THEREFORE, the parties agree as follows: I. SCOPE /PRICING /FEES A. The City shall purchase, and Contractor agrees to sell to City, the IVPM's, and such ancillary equipment and related support services, as required, all as further set forth in Exhibit "A" hereto. B. At a minimum, the IVPM shall have the following capabilities /specifications: a) A self contained unit with dimensions consistent for display purposes from a vehicle's rearview mirror or comparable location. b) A digital display that clearly displays the countdown of time and is clearly visible day or night from within reasonable proximity of a vehicle. 1 c) Capability to be programmed to allow for multiple zones (time limits) and multiple rates (fees). C. Upon the receipt of a purchase order from the City ( "Purchase Order ") for the goods and services, or any portion thereof, to be provided herein, the Contractor shall provide and /or perform said goods /services as identified in this Agreement and exhibits hereto, and in accordance with such other terms and conditions as may be set forth in the Purchase Order. The Contractor shall be solely responsible for furnishing all materials, tools, equipment, manpower, and any and all other deliverables, as required, to effectuate the purpose(s) of this Agreement (including, without limitation, Contractor's compliance with any and all additional terms and conditions as may be set forth in the Purchase Order). D. The terms of payment and delivery shall be as specified in Article II and Exhibit "A" hereto. Notwithstanding anything in this Agreement and /or the Purchase Order, the total amount of goods and /or services to be purchased and /or performed for any contract year during the Term (a "contract year" is hereinafter defined as the twelve month period from September 9 to September 8 shall not exceed the total sum of $200,000. II. TERM /PRICING The initial term of this Agreement shall be for a period of two (2) years, and shall be deemed to have commenced retroactively to September 9, 2010 (the Commencement Date), and shall terminate on September 8, 2012. At the City's sole discretion, and provided Contractor is in good standing and not in default pursuant to the terms of the Agreement, the City may renew the Agreement for an additional two (2) renewal term, upon the same terms and conditions set forth herein, by providing written notice to Contractor no later than thirty (30) days before the expiration of the initial term. Contractor shall guarantee the prices in Exhibit "A" throughout the entire Term of this Agreement. The Contractor agrees to provide the goods and /or services to the City at 2 the prices specified in Exhibit "A ". Any prices specified in Exhibit "A" will remain firm for the Term of this Agreement. III. PAYMENT The Contractor, upon delivery of the goods, materials, equipment, and /or services, on any portion thereof, set forth in this Agreement, or in a Purchase Order, shall issue an invoice to the City for said deliverables, at the prices specified herein. All invoices received by the City are payable within thirty (30) calendar days from receipt, provided they have first been approved by the City, and the City has accepted delivery of the particular goods and /or service(s) being invoiced. The City reserves the right (including, without limitation, for all and /or any portion of goods, materials, equipment, and /or services, not acceptable and /or not satisfactorily performed), to refuse payment and /or partially pay, at the City's discretion, any invoice submitted by the Contractor. All invoices shall be directed to the City of Miami Beach, Parking Department, 1755 Meridian Avenue, Suite 200, Miami Beach, Florida, 33139, Attn: Rocio Alba, Financial Analyst III. IV. CANCELLATION DUE TO UNAVAILABILITY OF FUNDS In the event that funds are not appropriated or otherwise made available to support continuation of the purchase of the goods and /or services contemplated herein, the Agreement may be canceled by the City, through its City Manager, in his /her sole discretion, without penalty, upon ten (10) calendar days written notice to Contractor. The Contractor shall be entitled to be paid for any goods and /or services approved and accepted by the City up to the date of termination specified in the notice, and for all portions of materials, supplies, services, and facility orders which cannot be cancelled and were placed prior to the effective date of termination. Thereafter, the City shall have no further obligation and /or liability to Contractor under this Agreement. V. GENERAL CONDITIONS A. Patents and Copyrights The Contractor shall pay all royalties and assume all costs arising from the use 3 of any invention, design, process, materials, equipment, product or device, which is the subject of patent rights or copyrights. Contractor shall, at its own expense, hold harmless and defend the City against any claim, suit or proceeding brought against the City which is based upon a claim, whether rightful or otherwise, that any part thereof, furnished under this Agreement, constitutes an infringement of any patent or copyright of the United States. The Contractor shall pay all damages and costs awarded against the City. B. Termination for Default 1. This Agreement may be terminated by the City, through its City Manager, for cause, in whole or in part, upon fifteen (15) calendar days written notice to Contractor, whenever the City Manager, in his /her sole and reasonable judgment and discretion, shall determine that the Contractor has failed to perform under this Agreement. 2. The City (through its City Manager) also has the right to terminate this Agreement for cause, upon fifteen (15) calendar days written notice to Contractor, for default if the Contractor fails to make delivery of; or if the Contractor fails to perform, the Work within the time specified in the Agreement or if the Contractor fails to perform any other provisions of the Agreement. 3. Failure of Contractor to deliver or perform within the time specified, or, if no time is specified, within fifteen (15) calendar days from the date of written notice from the City, or failure to make replacements of rejected articles when so requested, shall constitute authority for the City to purchase in the open market articles /services of comparable grade to replace the articles /services rejected, not delivered, or not completed. On all such purchases, the Contractor shall reimburse the City, within a reasonable time specified by the City, for any expense incurred in excess of the Agreement prices. Such purchases shall be deducted from Agreement quantities. 4 4. Should public necessity demand it, the City reserves the right to utilize services or use and /or consume articles delivered which are substandard in quality, subject to an adjustment in price to be determined by the City, in its sole and reasonable discretion. Notwithstanding the preceding, the Contractor shall not be liable for any excess costs if acceptable evidence has been submitted to the City that failure to perform was due to causes beyond the control and without the fault or negligence of the Contractor. C. Termination for Convenience The City, through its City Manager, may terminate this Agreement for its convenience and without penalty upon thirty (30) calendar days written notice to the Contractor. In the event of such a termination by the City, the City shall be liable for the payment of all goods, equipment, and materials delivered and accepted by the City prior to the effective date of termination and for all portions of materials, supplies, services, and facility orders which cannot be cancelled and were placed prior to the effective date of termination. Thereafter, the City shall have no further obligation and /or liability to Contractor under this Agreement. D. Warranty The Contractor warrants to City that all goods, equipment and materials provided herein shall conform to professional standards of care and practice in effect at the time; be of the highest quality; and be free from all faults, defects or errors. The Contractor warrants to City that all goods, equipment and materials provided shall be new. If the Contractor is notified in writing of a fault, deficiency or error in any goods, equipment and /or materials, or any portion thereof, the Contractor shall promptly repair or replace all (or such portions) to correct such fault, defect or error, at no additional cost to the City. E. Force Majeure The Contractor or City, respectively, shall not be liable for any Toss or damage, resulting from any delay or failure to perform its contractual obligations within the time specified, due to acts of God, actions or regulations by any governmental 5 entity or representative, strikes, or other labor trouble, fire, embargoes, or other transportation delays, damage to or destruction in whole or in part, of equipment or manufacturing plant, lack of or ability to obtain raw materials, labor, fuel or supplies for any reason including default of suppliers, or any other causes, contingencies or circumstances not subject to the Contractor's or City's control, respectively, whether of a similar or dissimilar nature, which prevent or hinder the performance of the Contractor's or City's contractual obligations, respectively. However, under such circumstances as described herein, the City may in its sole discretion, cancel this Agreement for the convenience of the City, as provided in Section C. hereof. F. Indemnification and Insurance 1. Indemnity The Contractor hereby agrees to indemnify and hold harmless the City, its officers, agents, and employees, from and against any and all liability, claims, damages, demands, expenses, fees, fines, penalties, suits, proceedings, actions, and costs of actions, including attorneys' fees for trial and on appeal (and for the preparation of same), arising out of the Contractor's, its officers', agents', and employees' acts, or omissions associated with the Agreement. Notwithstanding the preceding, nothing herein shall be deemed to require the Contractor to indemnify or hold harmless the City for any acts or omissions resulting from the gross negligence or willful misconduct of the City's officers, agents or employees. Notwithstanding the preceding provisions of this Section F.1., such indemnity clause shall not render the Contractor liable to the City for claims of the City for loss of revenue or for claims of the City for indirect, incidental or consequential damages arising out of or related to the City's operation or use of equipment and materials supplied by Contractor. This Indemnification shall survive termination of this Agreement. • 6 2. Insurance The Contractor, at its own expense, shall keep in force and at all times maintain during the term of this Agreement: (a.) Commercial General Liability Insurance: Commercial General Liability Insurance, issued by responsible insurance companies and in a form acceptable to the City's Risk Manager, protecting and insuring against all the foregoing with coverage limits of not less than One Million Dollars ($1,000,000) per occurrence for Bodily Injury and Property Damage. (b.) Workers' Compensation Coverage: Full and complete Workers' Compensation Coverage, as required by State of Florida law, shall be provided, if any work is to be performed by the Contractor at the City's site(s) of business. (c) Insurance Certificates: The Contractor shall provide the City with Certificate(s) of Insurance on all the policies of insurance and renewals thereof, in a form(s) acceptable to the City's Risk Manager. Said Commercial General Liability policy shall provide that the City of Miami Beach, Florida, shall be named as an additional insured. The City shall be notified in writing of any reduction, cancellation or substantial change of policy or policies at least thirty (30) calendar days prior to the effective date of said action. All insurance policies shall be issued by responsible companies who are acceptable to the City and licensed and authorized to do business under the laws of the State of Florida. G. Acceptance Any goods, equipment and /or materials (or any portion thereof) provided under this Agreement shall be deemed accepted, if not rejected by the City by written notice mailed, delivered or faxed to Contractor at any business office of Contractor or an affiliate of Contractor on or before ten (10) business days after such goods, equipment, and /or materials (or portions thereof) are received by City. Any goods, equipment and /or materials, or portions thereof, under this Agreement, shall remain the property of the Contractor until accepted by the City (or if deemed accepted). In the event any goods, materials and /or equipment furnished under this Agreement are found to be defective or do not conform to the specifications, the City reserves the right to cancel the Agreement upon written notice to the Contractor, but only after the Contractor has been given written notice of the proposed rejection by the City, and has failed to adequately repair or replace the unacceptable portion(s) within fifteen (15) calendar days of receipt of such notice. H. Right to Audit Records The City shall be entitled at any time during the Term, and at the City's sole cost and expense, to audit the books and records of the Contractor or any sub - contractor to the extent that such books and records relate to the performance of this Agreement or any sub - contract to this Agreement. Such books and records shall be maintained by the Contractor for a period of three (3) years from the date of expiration (or earlier termination) of this Agreement, and by the sub - contractor for a period of three (3) years from the date of final payment under the sub - contract. I. Time is of the Essence The parties agree that time is of the essence in the performance of Contractor's duties and other obligations under this Agreement. J. All information, data, designs, plans, drawings, and specifications developed solely for the City by the Contractor or its subcontractors pursuant to this Agreement, shall be the sole property of the City and all rights therein are reserved by the City, except that the Contractor may disclose any such information to its corporate affiliates and their agents. The City and the Contractor agree that the IVPM or iPark devices and their included software are generic in nature and that these devices have not been developed solely for the City from any of the City's information, data, designs, plans, drawings or specifications. 8 K. Amendments to Agreement The City, without invalidating this Agreement, may order changes within the general scope of this Agreement consisting of additions or deletions, the Agreement price and time being adjusted accordingly, provided that there are no changes in the specifications of any of the articles comprising the goods, equipment, and materials to be provided herein. Any such changes shall be authorized by a written amendment to this Agreement, and shall only be effective if approved and executed by the parties hereto. L. Familiarity With The Work/Product The Contractor by executing this Agreement acknowledges full understanding of the extent and character of the goods and /or services required hereunder and the conditions surrounding the performance thereof. The City will not be responsible for any alleged misunderstanding of the goods and /or services to be furnished or completed, or any misunderstanding of conditions surrounding the performance thereof. It is understood that the execution of this Agreement by the Contractor serves as its stated commitment to fulfill all the conditions referred to in this Agreement. M. Title and Risk of Loss The title and risk of Toss to any goods, equipment and materials provided pursuant to this Agreement shall only pass from the Contractor to the City upon City's acceptance of same. N. Miscellaneous Provisions 1. Assignment of this Agreement shall not be made without the prior written consent of the City. 2. The Contractor shall comply with all applicable federal, State and local laws, ordinances, rules and regulations pertaining to the performance of 9 Work under this Agreement 3. No waiver, alterations, consent, amendments or modification of any of the provisions of this Agreement shall be binding unless in writing and signed 9 g 9 ned 9 by the parties. 4. The Contractor is solely responsible for obtaining all permits, licenses, and certificates, or any such approvals of plans or specifications as may be required by federal, State and local laws, ordinances, rules, and regulations, for the proper execution and completion of all work contemplated under this Agreement, including all costs therefore. 5. The Contractor is responsible for all damage or loss by fire, theft or otherwise, to the Contractor's materials, tools, equipment, and consumables, left on City p p v by ro ert b the Contractor. 6. This Agreement is considered a non - exclusive Agreement between the parties. 7. This Agreement is deemed to be under and shall be governed by, and construed according to, the laws of the State of Florida. 8. Any litigation arising out of this Agreement shall be had in the courts of Miami -Dade County, Florida. BY ENTERING INTO THIS AGREEMENT, CITY AND CONTRACTOR EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS AGREEMENT. 9. Contractor warrants and certifies that it is authorized to enter into this Agreement and the undersigned is authorized to execute same on behalf of Contractor as the act of the said Contractor. 10. This Agreement, including any Exhibits hereto, contains all the terms and conditions agreed upon by the Parties. No other agreements, oral or otherwise, regarding the subject matter of this Agreement shall be deemed to exist or to bind either party hereto. If any provision of this Agreement is held to be unenforceable, this Agreement shall be construed without such provision. 11. All payments by City to Contractor pursuant to this Agreement shall be in United States Dollars. 12. Payment of any Florida sales and use taxes, levied upon or as a result of to this Agreement, if any, shall be the obligation of the City. 13. Contractor shall be deemed at all times to be an independent contractor and is wholly responsible for the manner in which it performs the Work Y P p under this Agreement. Contractor is liable for the acts and omissions of itself, its employees and its agents. Nothing in this Agreement shall be construed as creating an employment or agency relationship between City and Contractor. 14. This Agreement may be executed in any number of counterparts, each of which will be deemed an original, but all of which together will constitute but one agreement. 0. Intellectual Property The parties agree and acknowledge that the Contractor will have sole ownership of intellectual property relating to the iPark device, and any ideas, inventions, discoveries, techniques, characterizations or other developments related thereto that are developed by Contractor, in performance of its obligations hereunder shall be the sole property of the Contractor. Notwithstanding the foregoing, the Parties agree and acknowledge that the City may analyze information provided by the Contractor relating to the City use of the iPark, including the City feedback and historical usage information (but specifically not including any information regarding the specifications or functionality of the Contractor hardware (including the iPark device, software or other technology), solely for the purposes of assessing the effectiveness of the iPark program within City facilities and the efficiency of parking resources on City property, and any results of such analysis by the City shall be the property of the City provided that (i) in no event shall the City attempt to reverse engineer any Contractor technology, nor shall anything herein be construed as granting the City any right, title or interest in or to any the Contractor technology;(ii) no results of such analysis may be sold or otherwise provided to any direct or indirect competitor of the Contractor;, and (iii) any use or disclosure of City information shall at all times remain subject to the Contractor's privacy policy and any laws and regulations relating to data security to which the Contractor and /or the City may be subject. (See Exhibit "B" for the Contractor Systems Privacy Policy 11 Statement). P. CONFIDENTIALITY AND SOLICITATION 1. Each party understands that the other party has disclosed or intends to disclose Confidential Information pursuant to this Agreement. The receiving party agrees that it will not use Confidential Information received from the disclosing party, or any other party, for any purpose other than to provide the services contemplated by this Agreement and to evaluate the performance of the other party's obligations hereunder. The City specifically agrees that it will not directly or indirectly, test, modify, manipulate research, reverse engineer, replicate the iPark device or other Confidential Information of the Contractor, or otherwise work with or manipulate the Confidential Information of the Contractor in an effort to understand the proprietary technology or learn information not explicitly stated in the Confidential Information. Each party will be responsible for ensuring that all of its agents and employees that receive Confidential Information agree to abide by the provisions of this Section P. 2. The parties agree that money damages will not be a sufficient remedy for any breach of this Section P by it or their representatives, and the disclosing party shall be entitled, in addition to money damages, to specific performance and injunctive relief and any other appropriate equitable remedies for any such breach. Such remedies shall not be deemed to be the exclusive remedies for a breach of this Section but shall be in addition to all other remedies available at law or in equity. The parties acknowledge that the Confidential Information is valuable and unique and that disclosure in breach of this Confidentiality Agreement will result in irreparable injury to the disclosing party. 3. For purposes of this Section VIII, "Confidential Information" shall mean any information that is owned or controlled by the disclosing party. It also includes information of third parties in possession of the disclosing party that the disclosing party is obligated to maintain in confidence. 12 Confidential Information subject to this Agreement may be in intangible form, such as unrecorded knowledge, ideas or conceptions or information communicated orally or by visual observation, or may be embodied in tangible form, such as a document or device. The term "document" includes written memoranda, drawings, training materials, specifications, notebook entries, photographs, graphic representations, firmware, computer information or software, information communicated by other electronic or magnetic media, or models. "Confidential Information" shall not include information that: (a) is already known to the receiving party and was properly obtained by the receiving party prior to the effective date of this Agreement as evidenced by the receiving party's written records; (b) is already in the public domain or becomes available to the public other than through a negligent act or omission or willful misconduct of the receiving party; (c) is acquired in good faith from a third party and at the time of acquisition the receiving party has no knowledge or reason to believe that such information was wrongfully obtained or disclosed by the third party; (d) is independently developed by the receiving party from information not defined as "Confidential Information" in this Agreement, as evidenced by the receiving party's written records; (e) is disclosed to the receiving party by the disclosing party and, at the time of such disclosure (or thereafter), the disclosing party states in writing that it is not "Confidential Information "; (f) is otherwise subject to disclosure, inspection and copying pursuant to Florida Public Records Law (including, without limitation, Chapter 119, Florida Statutes), as same may be amended from time to time; or (g) is required to be disclosed pursuant to a court order and /or order of any administrative body having jurisdiction over the subject matter under this Agreement. Any "Confidential Information" shall be clearly designated as such by the disclosing party. Recognizing that the City is subject to broad right -to -know laws and that the maintenance of document confidentiality is an administrative burden, the Contractor will limit the dissemination of information to the City that the Contractor considers confidential. 13 4. The Contractor will refrain from engaging in any direct solicitation of potential customers in the City's area without the prior written consent of the City Manager. Notwithstanding the foregoing, nothing in this Section P shall be deemed to restrict the Contractor from communicating directly with existing customers in the normal course of business, or from conducting general marketing and advertising activities relating to the iPark device that do not constitute in- person solicitation of potential City customers. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on the date first written above. FOR CITY: CITY OF MIAMI BEACH, FLORIDA ATTEST: isk 0011P B City Clerk ► � Cl Edward L. Tobin Vice - Mayor FOR CONTRACTOR: E -PARK SYSTEMS, INC. ATTEST: (4) 4, cretary P esident ......,� e s e L ., - - Alas / . difw4,7f2_. Print Name Print Name APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION /" 1K_ D 14 "Exhibit A" Pricing and Fees 1. iPark Devices 1.9 ePark Systems (Contractor) will provide the City the iPark 1.0 device at a price of $20.00 per unit, including holder. The Initial Fee will be refunded in the event that the end user customer closes their iPark account and returns the device to Contractor (determined with reference to the date received by ePark) within 90 days following the establishment of the customer account for said device. After such 90 day period, the fee will be non - refundable. In the event that a customer reports a lost, stolen or damaged iPark device, the Contractor will replace the unit one time without any additional fee. Any subsequent replacement will be subject to fee of $20 plus shipping and handling. Notwithstanding the foregoing, for any non- operational iPark, the malfunction of which is determined by the Contractor to have been without fault of the customer, ePark will replace such iPark device upon receipt thereof at no further charge, including all shipping and handling charges. If the City elects to distribute iParks devices locally, the fee terms listed herein will apply from the point the customer purchases the device from City stores. ePark will invoice the City for iPark devices and holders upon shipment to the City. 1.2 Upon domestic release of the new EOS device, the Contractor will provide the City the iPark EOS device at a target price of $25.00 per unit, and a trade in credit as follows: • If the customer has reloaded the 1.0 device 5 or more times, ePark will 0 u ))'' give them a $10 credit toward the purchase of the EOS; • If a customer has reloaded the 1.0 device 3 to 4 times ePark will give them a $5 credit toward the purchase of the EOS; and • If a customer has reloaded the 1.0 device less than 2 times they will NOT receive a credit toward the purchase of the EOS. 1.3 The City will be invoiced at the time of order shipment. 2. Value Load Transaction Fees 2.1. The Contractor will provide value load amounts of $25.00 and $50.00. 2.2. The Contractor will charge $2.00 per $25.00 value load, and $3.50 per $50.00 value load. 5 2.3. The Contractor will invoice the City for any value load within five (5) business days of the 1 of each month for all value loads delivered during the prior month. The Contractor will provide the reporting for the City to audit and verify the value load delivery count and amount. 3. Support Systems 3.1. The Contractor will provide the City with access to the Contractors' multi- channel customer service and support system (IVR, Website, and Customer Service Call Center) at no charge. 3.2. If the City elects to use the Contractor's multi - channel customer service and support system (IVR, Website, and Customer Service Call Center) to allow the City customers to purchase and receive value loads codes via any of the three channels (IVR, Website, Customer Service Call Center), the City will be charged a 6% convenience fee of the total value loads processed through the contractor customer service and support system. The following chart is for illustrative purposes and is representative of the fees /costs in Sections 2 and 3 above. Value Load Transaction Convenience amount Fee Fee 6% $25 $2.00 $1.50 $50 $3.50 $3.00 III 6 Exhibit B ePark has developed an Internet Privacy Policy to protect the consumer, city and ePark. It provides awareness and notice of how the information is gathered and processed. It is a vital piece of information and a part of the web pages maintained for CMB. It is updated periodically to remain legally responsible and current. Below is the current policy as of April 1, 2011. ePark Systems Inc. INTERNET PRIVACY POLICY Introduction ePark Systems Inc. ( "ePark "), is committed to respecting your privacy, and we have created this privacy policy the "Privacy Policy ") to give you a clear understanding of how our Web Site operates, and how personally identifiable information is handled. We have a clear Privacy Policy: we collect no personally identifiable information through this web site unless you voluntarily supply it. We define personally identifiable information as information that can uniquely identify an individual person. This privacy statement explains under what circumstances we gather personal information, how we use it, your choices in regard to our use of the information and how we protect the information. By using our Web Site, you consent to the collection and use of information as set forth in this Privacy Policy. 1. Type of Information Collected When you visit our Site, we may collect and store information from you that you voluntarily choose to give us or enter on our Site, including personally identifiable information. In these instances, we will obtain your consent. Our primary purposes in collecting and processing your personally identifiable information are to provide you with the services you request or to personalize product information and offers for you. If you request us to do so, we will use your information to provide you with additional information about our products and services and to send you information on other products and services that may be of interest to you. This will be restated this in the area of our Web Site where we collect information for these purposes. 2. Our Use of the Information If you need to provide personal information to access features or services, we will dearly disclose how the information will be used. We do not sell, trade, or rent your personally identifiable information to others. However, we may share your personally identifiable information with other ePark affiliates, our agents, contractors or business partners in order that they may perform services for us. For example, your personally identifiable information may be shared (1) with contractors we use to support our business 1 7 (e.g. fulfillment services, technical support, delivery services, and financial institutions) or (ii) where required by applicable laws, court orders, or government regulations. In addition, since we may conduct research on user demographics, interests, and behaviors based upon information provided to us during use of our Web Sites, we may combine your information with information collected from other individuals to produce anonymous, aggregated, and statistical information. Aggregated and statistical data does not include personally identifiable information. We use this information, such as the percentage of male or female visitors, or the percentage of visitors within certain age brackets, to improve the content of our site. We also may share this anonymous aggregated or statistical information with partners or other third parties. As our company changes and grows, we might sell or buy companies, subsidiaries, products or assets. In such transactions, customer information generally is one of the transferred business assets. In the event ePark goes through a business transition, such as a merger, acquisition by another company, or sale of all or a portion of its products or assets, your personal information will likely be transferred. 3. Notice Where ePark collects personally identifiable information directly from individuals, we inform them about the purpose and use of the collected information, and the choices and means, if any, we offer individuals for limiting the use and disclosure of their personal information. Notice is provided in clear and conspicuous language when individuals are asked for the information. ePark does not use or disclose the information for a purpose other than that for which it was originally collected. 4. Consent ePark believes that consent is one of the most important privacy principles. You have the choice not to submit any personally identifiable information to us (although under such circumstances you may be unable to participate in all aspects of our Web Site). 5. Access to Review, Correct, and Delete information ePark uses personally identifiable information only in ways that are compatible with your consent and the purposes for which it was collected. We take reasonable steps to ensure that personal information is relevant to its intended use, accurate, complete, and current. One such step is granting users access to the personally identifiable information they provided on a web site. In some of portions restricted of our Site, you may log in to your account profile or preferences to view and modify the information as appropriate. 5. Security We are committed to the security of personally identifiable information and we take reasonable precautions to maintain that protection. ePark has implemented SSL technology to protect the transmission of personally identifiable information. This technology secures the information prior to transmission over the Internet between your computer and our servers through encryption. We protect personally identifiable 2 8 information stored on the web site servers from unauthorized access using reasonable technical and procedural controls. ePark uses physical and administrative procedures to attempt to safeguard personally identifiable information and only guarantee the security of said information insofar as the methods and procedures employed provide. We cannot guarantee that it is completely secure in instances where the means of obtaining such information falls outside of our control. Such instances include but are not necessarily limited to viruses, worms and spy ware that infect the end - user's computer in order to intercept information from the users computer. In short, people who might attempt to evade security measures or intercept transmissions over the Internet is outside the scope of ePark's control. It is therefore highly encouraged that you obtain personal protection for your computer to help safeguard against these and other forms of information infections. 7. Retention of Personally Identifiable Information Once you have provided personally identifiable information to ePark, we store and maintain the information you have volunteered for so long as we need it to provide the service that you requested, unless you have directed us otherwise, or for so long as we are required by law. 8. Cookies Cookies are tokens of information that our web sites may provide to your browser, which is used only by our web sites while you are at those sites. The ePark Site supplies your web browser with cookies that contain a unique identifier used to better understand web site usage in the aggregate so that we know what areas of our site users prefer (e.g., based on the number of visits to those areas). ePark will only be able to read those cookies that we place; we cannot access or read other parties' cookies. We may also use cookies on an aggregate basis to track site navigation and traffic trends. This aggregated and anonymous information will help us to improve Site content, and may be shared with partners or other third parties. If you are a registered user on the ePark web site, when you login, we may supply you with a cookie that is maintained by your browser and contains your identifier. This type of cookie is used to identify you and provide you with access to areas of our web site that are limited to registered users, such as those that allow you to view and manage your account. If you simply want to browse, you do not have to accept cookies from our site. Should you decide, however, that you would like to register and login to special areas of the web site and you have modified your browser settings not to accept the cookies, you will need to re -set your browser to accept cookies that we send it. Otherwise, we will not be able to let you participate in certain areas of the web site. Most browsers are defaulted to accept and maintain cookies. To learn more about cookies and how to specify your cookie preferences, please search for "cookie" in the "Help" portion of your browser. 9. IP Addresses An Internet Protocol (IP) address is a number that is automatically assigned to your computer by your Internet Service Provider (ISP) whenever you connect to the Internet. Like other Internet sites, ePark may collect IP addresses to analyze aggregate information about the 3 9 number of visitors and site usage. Your IP address is not linked with personal information that you provide. ePark does reserve the right, however, to use IP addresses to identify individuals who threaten our site, service, or customers in accordance with regulatory requirements. 10. Clickstream A "clickstream" or "clickstream data" reflect the specific web pages visited by an individual user, and, importantly, the manner or traffic pattern by which a user moves from one web page to another. We track such information only within our Web Site; we specifically do not track any clickstream activity outside of the ePark Site pages. Cicckstream data does not contain or reveal any personally identifiable information about the user and we do not match that data with the personal information you provide us. 11. Changes to this Privacy Policy This Privacy Policy may be revised periodically. By using this Site you acknowledge our right to change this policy, without prior notification, and our commitment to post changes on this page so that you are informed of the types of information we collect, how we use it, and under what circumstances, if any, it is disclosed. We will indicate on the Privacy Policy web page the date of the last Privacy Policy update. We recommend that you visit our Privacy Policy page whenever you visit this Site so that you are aware of any changes. 12. Contact Us If you have questions about this policy or ePark's information collection, use, and disclosure practices, you may contact us at: ePark Systems, Inc.,1835A S. Centre City Parkway, Suite 433, Escondido, CA 92025. We will use reasonable efforts to respond promptly to requests, questions or concerns you may have regarding our use of personal information about you. Except where required by law, ePark cannot ensure a response to questions or comments regarding topics unrelated to this policy or ePark's privacy practices. [remainder of page intentionally left blank] 4 10