Common use of Technology Services-Software Updates. Maintenance and Support Clause in Contracts

Technology Services-Software Updates. Maintenance and Support. Fidelity shall be entitled to receive Technology services so long as Envestnet continues to receive Technology services fees. The Technology services shall differ as described in Exhibit A depending on whether Envestnet provides Hosting, or Fidelity provides Hosting. For the first 48 months following the Effective Date, Envestnet shall provide Hosting, and the Technology fees will be those shown in Table F-2 which differ depending on the corresponding Investment Product being serviced. If after such 48 month period, Fidelity takes over Hosting services, the Technology service fee shall be reduced to a flat [*** ] on all assets, but subject to a minimum of [*** ] per year and Maximum of [*** ] per year, which minimum and maximum will be adjusted annually by the US Bureau of Labor and Statistics CPI-U (urban cities all services) starting as a reference point of January 1, 2008. An historic version of this CPI-U index can be found at: ▇▇▇://▇▇▇.▇▇▇.▇▇▇/pub/▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇/cpi/cpiai.txt. [***] Certain information has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

Appears in 1 contract

Sources: Technology and Services Agreement (Envestnet, Inc.)

Technology Services-Software Updates. Maintenance and Support. Fidelity shall be entitled to receive Technology services so long as Envestnet continues to receive Technology services fees. The Technology services shall differ as described in Exhibit A depending on whether Envestnet provides Hosting, or Fidelity provides Hosting. , For the first 48 months following the Effective Date, Envestnet shall provide Hosting, and the Technology fees will be those shown in Table F-2 which differ depending on the corresponding Investment Product being serviced. If after such 48 month period, Fidelity takes over Hosting services, the Technology service fee shall be reduced to a flat [*** ] on all assets, but subject to a minimum of [*** ] per year and Maximum a maximum of [*** ] per year, which minimum and maximum will be adjusted annually by the US Bureau of Labor and Statistics CPI-U (urban cities all services) starting as a reference point of January 1, 2008. An historic version of this CPI-U index can be found at: ▇▇▇://▇▇▇.▇▇▇.▇▇▇/pub/▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇/cpi/cpiai.txt. [***] Certain information has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

Appears in 1 contract

Sources: Technology and Services Agreement (Envestnet, Inc.)