52 lines
2.5 KiB
Markdown
52 lines
2.5 KiB
Markdown
# Contract with Velocity Auto Solutions for Carllm
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**Contract Date:** October 1, 2023
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**Contract Number:** C-12345-2023
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**Client:** Velocity Auto Solutions
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**Product:** Carllm Auto Insurance Solution
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---
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## Terms
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1. **Duration**: This contract is effective for a period of 12 months from the contract date.
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2. **Payment Schedule**: Velocity Auto Solutions agrees to pay Insurellm the total fee associated with the selected subscription tier on a monthly basis, beginning on the contract date.
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3. **Confidentiality**: Both parties agree to keep all proprietary information confidential and not to disclose it to any third parties without written consent.
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4. **Intellectual Property**: All components of Carllm and any related technology are the property of Insurellm, and license is granted to Velocity Auto Solutions for internal use only.
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## Renewal
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1. **Automatic Renewal**: This contract will automatically renew for successive 12-month periods unless either party provides written notice at least 30 days prior to the end of the initial term or any renewal term.
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2. **Rate Adjustment**: Subscription pricing may be subject to adjustment, with Insurellm providing a 60-day advance notice of any changes prior to renewal.
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## Features
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1. **Included Features**:
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- AI-Powered Risk Assessment
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- Instant Quoting and Customizable Coverage Plans
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- Fraud Detection Systems
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- Customer Insights Dashboard
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- Automated Customer Support
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2. **Feature Enhancements**: Velocity Auto Solutions will receive updates to the Carllm product as outlined in the Insurellm 2025-2026 Roadmap, including mobile integration and telematics-based pricing enhancements.
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## Support
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1. **Customer Support**: Velocity Auto Solutions will have access to Insurellm’s customer support team via email or chatbot, available 24/7.
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2. **Technical Maintenance**: Regular maintenance and updates to the Carllm platform will be conducted by Insurellm, with any downtime communicated in advance.
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3. **Training & Resources**: Initial training sessions will be provided for Velocity Auto Solutions’ staff to ensure effective use of the Carllm suite. Regular resources and documentation will be made available online.
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---
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**Accepted and Agreed:**
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**For Velocity Auto Solutions**
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Signature: _____________________
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Name: John Doe
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Title: CEO
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Date: _____________________
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**For Insurellm**
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Signature: _____________________
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Name: Jane Smith
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Title: VP of Sales
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Date: _____________________ |