MASTER SERVICES AGREEMENT
This Master Services Agreement (the “Agreement”) is entered into as of March 15, 2023 (the "Effective Date"), by and between Initrode Systems, Inc., a Delaware corporation (“Provider”), and Hooli LLC (“Customer”).
1. Services
Provider shall perform the services described in each Statement of Work.
2. Fees and Payment
Customer shall pay Provider the fees set forth in the applicable Statement of Work, not to exceed $500,000 in the aggregate.
3. Term and Termination
The initial term of this Agreement is two (2) years. Either party may terminate upon sixty (60) days’ written notice. This Agreement shall automatically renew for successive one-year terms.
4. Confidentiality
Each party shall protect the other’s “Confidential Information” using reasonable care.
5. Governing Law
This Agreement shall be governed by the laws of the State of California.