Common use of Data Extraction Clause in Contracts

Data Extraction. During the term of this Agreement, Client may utilize the standard functionality of the Licensed Products for their intended purpose, including the ability to download copies of documents loaded into or generated by the Licensed Products. Client shall have the right to retain a copy of all downloaded documents in perpetuity. During the term of and within thirty (30) days following termination of this Agreement, Client may request IWT to provide consulting services to Client in order to perform a custom extract of Client data from the Licensed Products. IWT will provide the requested consulting services for an hourly rate of $200.00 per hour. Custom data extracts will be provided electronically in a text delimited flat file format (or other mutually acceptable format) and will be scrubbed of all IWT proprietary data structures. Client and IWT will work together to determine a list of the specific data elements to be provided, at which point IWT will provide an estimate of the time required to extract the data. Once the estimate has been provided, if Client wishes IWT to proceed with the data extract, Client will make a mobilization payment of fifty percent (50%) of the estimated amount to IWT. After receipt of this payment, IWT will then have thirty (30) days to deliver the data extracts to Client. Client shall have thirty (30) days upon receipt of the data to review for acceptance. Upon acceptance, IWT will provide Client with a final accounting of hours and Client shall be responsible for payment of the additional consulting fees.

Appears in 2 contracts

Sources: Master License and Services Agreement, Master License and Services Agreement