Global Master Services Agreement
Global Master Services Agreement
Global Master Services Agreement
by and between
and
ACXIOM CORPORATION
Schedule A: Services
Schedule B: Service Levels
Schedule C: Charges
Schedule D: Key Acxiom Positions
Schedule E: Form of Invoice
Schedule F: ***
Schedule G-1: D&B Competitors as of the Contract Execution Date
Schedule G-2: Acxiom Competitors as of the Contract Execution Date
Schedule H: Termination/Expiration Assistance
Schedule I: D&B Information Security & Data Protection Standards
Schedule J: Auditor Nondisclosure Agreement
Schedule K: Acxiom Employment/Background Screening Policies as of the Contract Execution Date and Form of Certification Required by D&B
Schedule L Form of SOW
Schedule M Original Amendments
SOW #1 Phase 1 Statement of Work
Pursuant to Item 601 of Regulation S-K, certain schedules, exhibits and similar attachments to this Agreement have not been filed with this exhibit. The Company agrees to furnish supplementally
any omitted schedule, exhibit or similar attachment to the SEC upon request.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
This GLOBAL MASTER SERVICES AGREEMENT (this “Agreement” or the “Global Master Services Agreement”), is effective as of June 2, 2008 (the “Global Master Services Effective
Date” or “Global Effective Date”), between DUN & BRADSTREET, INC. (“D&B”), a Delaware corporation having its principal place of business at 103 JFK Parkway, Short Hills, New
Jersey 07078 and ACXIOM CORPORATION (“Acxiom”), a Delaware corporation having its principal place of business at 301 Dave Ward Drive, Conway, Arkansas 72033 and amends and restates
in its entirety that certain Information Technology Outsourcing Services Agreement (as amended prior to the Global Master Services Effective Date, the “Original Agreement”) dated as of July 27,
2006 (the “Contract Execution Date”) by and between D&B and Acxiom.
The parties executed the Original Agreement as of July 27, 2006. Amendment Number One to the Original Agreement was executed as of September 28, 2006, Amendment Number Two to
the Original Agreement was executed as of April 10, 2007, Amendment Number Four to the Original Agreement was executed as of March 31, 2007, Amendment Number Eight was executed as of
June 21, 2007 and Amendment Number Nine was executed as of January 1, 2008. In addition, certain Letters of Authorization and Statements of Work were entered into by Acxiom and D&B
pursuant to the Original Agreement. A list of previous amendments, Letters of Authorization and Statements of Work (the “Original Amendments”) is attached hereto as Schedule M; provided
however, that such list shall not be interpreted to mean that any amendment, Letter of Authorization or Statement of Work that previously has been executed by the parties and is not listed in such
Schedule M is not included as an “Original Amendment”. Unless the context otherwise requires, any reference herein to the Original Agreement shall be deemed to include all such Original
Amendments. The parties desire to further amend the Original Agreement and to incorporate such further amendment into this Global Master Services Agreement. The principal objective of the
changes to this Agreement, resulting from this Global Master Services Agreement, is to provide a mechanism whereby D&B may request (and Acxiom may provide) additional products, licenses,
and services to D&B (in addition to the limited services provided under the Original Agreement).
1.2 Objectives.
D&B and Acxiom have agreed upon the following specific goals and objectives for this Agreement:
(a) D&B requires a relationship with Acxiom: (i) that is responsive to changes, requests, and incidents in the environment; (ii) such that Acxiom has personnel available and
approachable for strategy, help, advice and discussion as desired by D&B within the scope defined by this Agreement, Schedule A and applicable SOWs hereto; and (iii) that
facilitates cooperation, teamwork and clear governance structure between the parties and their personnel.
(b) D&B and Acxiom intend, pursuant to (i) the Sales and Marketing Agreement dated as of July 27, 2006 between Acxiom and D&B and amended and restated as of June 2,
2008 (as amended, the “S&M Agreement”), (ii) the HBBI Prospect Solutions Sales and Marketing Agreement dated as of March 31, 2007 between Acxiom and D&B and amended
and restated as of June 2, 2008 (as amended, the “HBBI Prospect Solutions SMA”), and (iii) other to be agreed strategic relationships and Statements of Work under this Agreement,
to develop a strategic relationship, to include developing opportunities for both parties to gain and expand their businesses.
1.3 Construction.
The provisions of this Article 1 (other than Sections 1.1(e) and 1.1(f)) are intended to be a general introduction to this Agreement and are not intended to expand the scope of the
parties’ obligations under this Agreement or to alter the plain meaning of the terms and conditions of this Agreement. However, to the extent the terms and conditions of this Agreement do
not address a particular circumstance or are otherwise unclear or ambiguous, such terms and conditions are to be interpreted and construed so as to give full effect to the provisions in this
Article 1.
2. DEFINITIONS
2.1 Certain Definitions.
The following terms will have the meanings set forth below with respect to this Agreement and each SOW hereunder:
(a) “AAA” shall have the meaning provided in Section 21.1(b).
(b) “AbiliTec Software” shall mean Acxiom’s proprietary customer data integration and linking software technology utilized and/or offered by Acxiom in connection with
SOW #1, which includes a proprietary number system that facilitates the management of consumer, business, and postal delivery point data, as well as any AbiliTec-related
documentation, and the Acxiom-developed data management programs within this customer data integration and linking software technology.
(c) “Acxiom” shall have the meaning provided in the preamble to this Agreement.
(d) “Acxiom Competitor” shall mean those entities listed in Schedule G-2, and their Affiliates, as such Schedule may be updated by Acxiom on an annual basis; provided that:
(i) without D&B’s consent, the number of Acxiom Competitors shall not exceed the number initially specified in Schedule G-2 as of the Contract Execution Date, and (ii) with
respect to any entity on (or added to) the list in Schedule G-2, if D&B has an existing relationship with such entity, prior to such entity being added to the list, then any restrictions
herein applicable to Acxiom Competitors shall not be effective with respect to such entity.
(e) “Acxiom Confidential Information” shall have the meaning provided in Section 16.4(c).
(f) “***” shall mean ***, a schematic representation of which is attached as Schedule F.
(g) “Acxiom Owned Material” shall mean any Material or Intellectual Property Right that is owned in whole or in part by Acxiom or a third party, including Acxiom Software.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
3. SERVICES
3.1 Provision of Services.
(a) In General. Commencing on the Contract Execution Date, Acxiom shall provide the services, functions and responsibilities described in this Agreement and its Schedules,
including Schedule A, as each may be supplemented, enhanced, modified or replaced in accordance with this Agreement. Additionally, commencing on the relevant SOW Effective Date,
Acxiom shall provide the services, functions and responsibilities described in each SOW, as each may be supplemented, enhanced, modified or replaced in accordance with this Agreement
The foregoing are collectively referred to, herein, as the “Services”.
(b) Implied Services. If any services, functions, or responsibilities are required for the proper performance and provision of the Services, regardless of whether they are specifically
described herein, they shall be deemed to be implied by and included within the scope of the Services to be provided by Acxiom to the same extent and in the same manner as if specifically
described in this Agreement or the applicable SOW. Except as otherwise expressly provided in this Agreement, Acxiom shall be responsible for providing the facilities, personnel, and other
resources as necessary to provide the Services.
(c) Services Evolution.
(i) Acxiom shall cause the portion of the Services provided by *** to evolve and to be modified, enhanced, supplemented and replaced as necessary for such Services to keep
pace with technological advances and advances in the methods of delivering services, where such advances are at the time pertinent for such Services to keep pace with the general
use within the IT industry or among D&B’s customers or competitors. As an example, Services evolution shall include addition of
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
3.5 SOWs.
(a) D&B and Acxiom, and their respective Affiliates (including additional D&B business units and/or geographic territories), may execute SOWs substantially in the form attached
hereto as Schedule L in order for Acxiom (and/or its Affiliates) to provide (and for D&B (and/or its Affiliates) to receive) certain products, licenses, and services during the Term. The
provision of all such products, licenses, and services (including to additional D&B business units and/or geographic territories) provided pursuant to an SOW shall be deemed to be the
provision of “Services” hereunder. An SOW shall provide a description of the Services and/or Project to be provided by Acxiom to D&B. All Charges for Services and the charging
methodology provided by Acxiom pursuant to the SOW (including, if necessary charges for travel-related or other incidental expenses, Pass-Through Expenses and Out-Of-Pocket Expenses)
shall be set forth in the SOW.
(i) Neither party shall have any obligation unless and until a specific SOW setting forth the specific terms with respect to Services to be provided and received has been
executed by both of the parties.
4. TRANSITION
4.1 D&B Cooperation and Support.
D&B will cooperate with Acxiom in the conduct of the Services as expressly provided in each SOW hereunder.
5. TERM
5.1 Term.
The term of this Agreement shall begin on the Contract Execution Date and shall expire on September 1, 2010, unless terminated earlier or extended in accordance with this
Agreement (such period, the “Initial Term”).
5.2 Extension.
By providing written notice to Acxiom in accordance with Section 24.4 at least *** (***) months before the expiration of the then-current Term, D&B shall have the right and option
to extend the Initial Term in accordance with either clause (a) or (b) below, in which case all of the terms and conditions set forth in this Agreement shall remain in full force and effect:
(a) up to *** for a period of up to ***, or
(b) for an initial renewal term of ***, and, following such initial renewal term, a second renewal term of up to ***.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
6. VENDOR PERSONNEL
6.1 Key Acxiom Positions.
(a) “Key Acxiom Positions” shall be the positions (and corresponding roles) set forth as such in Schedule D. Acxiom shall cause each of the Acxiom Personnel filling the Key
Acxiom Positions to devote substantially full time and effort to the provision of the Services. Acxiom Personnel approved as of the Global Effective Date to fill the Key Acxiom Positions are
listed in Schedule D. Additionally, each SOW may contain, to the extent agreed by the parties, one or more additional Key Acxiom Positions as expressly identified in such SOW, which
number shall be dependent upon the scope of the Services provided under such SOW. In accordance with Section 6.1(b), Acxiom shall designate an individual to serve as “Acxiom Project
Executive”. The Acxiom Project Executive shall be one of the Key Acxiom Positions and he or she shall be a member of the Management Committee. The Key Acxiom Position approved as
of the Global Effective Date to fill the role of the Acxiom Project Executive is listed in Schedule D. The Acxiom Project Executive shall (i) serve as the single point of accountability for
Acxiom for the Services; and (ii) have day-to-day authority for undertaking to ensure the provision of the Services and customer satisfaction. The Acxiom Project Executive’s compensation
shall include significant financial incentives based on D&B’s satisfaction with the Services. The Acxiom Project Executive shall be located at Acxiom’s offices and will travel upon an as-
needed basis, as reasonably requested by D&B, to D&B’s office locations or other locations reasonably designated by D&B from time to time.
(b) Before assigning an individual to a Key Acxiom Position, whether as an initial assignment or a subsequent assignment, Acxiom shall notify D&B of the proposed assignment,
introduce the individual to appropriate D&B representatives, provide such representatives upon request with the opportunity to interview the individual, and provide D&B with a resume and
other information about the individual reasonably requested by D&B. If D&B objects in good faith to the proposed assignment of any proposed Key Acxiom Position, the parties shall
attempt to resolve D&B’s concerns on a mutually agreeable basis. If the parties have not been able to resolve D&B’s concerns within five (5) Business Days, Acxiom shall not assign the
individual to that position and shall propose to D&B the assignment of a different individual of suitable ability and qualifications.
(c) Except with D&B’s consent (which may be arbitrarily withheld) individuals filling Key Acxiom Positions may not be transferred or re-assigned to other positions with Acxiom or
its Affiliates (i) for at least one (1) year following their assignment (or expiration of the SOW, if any, under which they are identified as a Key Acxiom Position, if shorter than one (1) year),
and (ii) until a suitable replacement has
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
8.8 Export.
The parties acknowledge that certain Software and technical data to be provided hereunder and certain transactions hereunder may be subject to export controls under Applicable
Laws. Neither party shall export or re-export any such items or any direct product thereof or undertake any transaction in violation of any such laws or regulations. To the extent within
Acxiom’s control, Acxiom shall be responsible for, and shall coordinate and oversee, compliance with such export laws in respect of such items exported or imported hereunder.
9. FACILITIES
9.1 D&B Obligations.
D&B will provide to Acxiom during the Term: (a) one (1) dedicated workstation cube in D&B’s Parsippany, NJ facilities; (b) a mutually agreed number of dedicated workstation
cubes in D&B’s Lehigh Valley, PA facilities; and (c) fixtures designated by D&B. If necessary, SOWs hereunder shall identify any terms with respect to (i) D&B making available certain
D&B facilities for use by Acxiom in performing Services with respect to such SOW and (ii) Acxiom’s use of such facilities. D&B facilities shall be made available to Acxiom on an “AS-IS”
basis, with no warranties whatsoever.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
12.6 Overcharges.
(a) If as a result of an audit or otherwise it is determined that Acxiom has overcharged D&B Acxiom shall credit D&B’s account (or, at D&B’s option, pay D&B directly) an amount
equal to the overcharge plus interest at the lesser of (i) one percent (1%) per month or (ii) the highest rate allowed by applicable law, which interest shall apply from the date the overcharge
was paid by D&B.
(b) Provided (i) that D&B first requests Acxiom to conduct a review of its billings prior to the applicable audit; and (ii) that the audit is not performed on a contingency fee basis; if an
audit discloses that Acxiom’s overcharges exceeded three (3%) percent of the Charges during the period audited, Acxiom shall also reimburse D&B for the reasonable cost of the audit.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
14.4 Taxes.
The parties’ respective responsibilities for taxes arising under or in connection with this Agreement shall be as follows:
(a) Each party shall be responsible for:
(i) any personal property taxes on property it uses, regardless of whether such property is owned or leased;
(ii) franchise and privilege taxes on its business, and
(iii) taxes based on its net income or gross receipts.
(b) Acxiom shall be responsible for any sales, use, excise, value-added, services, consumption and other taxes and duties payable by Acxiom on the goods or services used or
consumed by Acxiom in providing the Services where the tax is imposed on Acxiom’s acquisition or use of such goods or services and the amount of tax is measured by Acxiom’s costs in
acquiring such goods or services.
(c) D&B shall be responsible for all sales, use, excise, value-added, services, consumption, and other taxes and duties that are assessed on the provision of the Services as a whole or
on any particular Service received by D&B from Acxiom (or shall provide Acxiom exemption or direct pay certificates).
(d) If a sales, use, excise, value added, services, consumption or other tax is assessed on the provision of any of the Services, the parties shall work together to segregate the payments
under this Agreement into three (3) payment streams: (i) those for taxable Services; (ii) those for which Acxiom functions merely as a payment agent for D&B in receiving goods, supplies, or
services (including leasing and licensing arrangements); and (iii) those for other nontaxable Services.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
D&B/Acxiom Confidential Information -59-
(ii) by more then *** percent (***%), but less than or equal to *** percent (***%), then the Charges will be automatically reduced so that they are no more than *** percent
(***%) higher than the highest charge within the best quartile of the representative sample, which reductions shall be effective ninety (90) days after the issuance of the final report
by the Benchmarker; or
(iii) by more then *** percent (***%), then D&B, at its option, may elect either: (A) to have the Charges reduced by *** percent (***%), which reductions shall be effective
ninety (90) days after the issuance of the final report by the Benchmarker, or (B) to terminate the benchmarked Services at no-cost or charge, by giving Acxiom at least six
(6) months’ prior written notice specifying the terminated Services and designating the termination date.
(e) If in the final report of the Benchmarker, the Charges to D&B under this Agreement for the benchmarked Services are lower than the highest charge within the best quartile of the
representative sample (viewed from the perspective of most beneficial to D&B), then no adjustment shall be made. ***
(f) Absent fraud or collusion or manifest error, the determination of the Benchmarker shall be final and binding on the parties.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
15.3 Accountability.
Acxiom shall maintain complete and accurate records of and supporting documentation for the amounts billable to and payments made by D&B hereunder. Acxiom agrees to provide
D&B with documentation and other information with respect to each invoice as may be reasonably requested by D&B to verify that Charges are accurate and comply with the provisions of
this Agreement.
15.4 Proration.
Except as may be otherwise provided in this Agreement, periodic Charges under this Agreement are to be computed on a calendar month basis, and shall be prorated for any partial
month.
15.6 Deductions.
With respect to any amount to be paid by D&B hereunder, D&B may deduct from such amount any amount that Acxiom is obligated to pay D&B hereunder.
16.4 Confidentiality.
(a) Confidential Information. Acxiom and D&B each acknowledge that they may be furnished with, receive or otherwise have access to information of or concerning the other party
that such party considers to be confidential, a trade secret or otherwise restricted. “Confidential Information” shall mean all information, in any form, furnished or made available directly or
indirectly by one party to the other that is marked confidential, restricted, or with a similar designation. The terms and conditions of this Agreement shall be deemed Confidential Information
of each party.
(b) In the case of D&B, Confidential Information also, whether or not designated “Confidential Information,” shall include:
(i) D&B Data;
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
16.7 IP Addresses.
Any IP addresses used by D&B or its customers for access to the Services shall be transferred by Acxiom to D&B upon D&B’s written request.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
17.2 Non-Infringement.
(a) Each party represents, warrants and covenants that it shall perform its responsibilities under this Agreement in a manner that does not infringe, or constitute an infringement or
misappropriation of, any Intellectual Property Rights of any third party.
17.4 Inducements.
Acxiom represents, warrants and covenants to D&B that it has not violated any applicable laws or regulations or any D&B policies of which Acxiom has been given notice regarding
the offering of unlawful inducements in connection with this Agreement. If at any time during the Term, D&B determines that the foregoing warranty is inaccurate, then, in addition to any
other rights set forth in this Agreement or available to D&B in law or at equity for Acxiom’s breach of this Agreement, D&B may terminate this Agreement for cause without affording
Acxiom an opportunity to cure.
17.5 Viruses.
Acxiom represents, warrants and covenants that it shall use Commercially Reasonable Efforts so that no Viruses are coded or introduced into the systems used to provide the Services.
In the event a Virus is found to have been introduced into the systems used to provide the Services, Acxiom shall use Commercially Reasonable Efforts at no additional charge to assist D&B
in reducing the effects of the Virus and, if the Virus causes a loss of operational efficiency or loss
17.7 FCRA.
Acxiom represents, warrants and covenants that (a) no Acxiom division or operation providing Services under this Agreement (i) is, as of the Contract Execution Date, or (ii) will
become during the Term, a ‘credit reporting agency’, as such term is defined under the FCRA; (b) no products or information services utilizing D&B Data will be or become a “consumer
report” within the meaning of FCRA; (c) Acxiom will do nothing during the Term that could result in D&B being deemed to be a ‘credit reporting agency’; (d) in providing services
hereunder, Acxiom shall take no steps that would result in: (i) D&B or any D&B products or information services which are the subject matter of this Agreement becoming subject to FCRA,
or (ii) D&B becoming a consumer reporting agency; and (e) it shall not combine any D&B Information with any information about consumers or use it such that it is used or expected to be
used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer’s eligibility for credit or insurance that is used primarily for personal, family or
household purposes, for employment purposes, or for any of the other permissible purposes defined in §604 of FCRA.
17.8 Deliverables.
Acxiom represents, warrants and covenants that each Deliverable produced by Acxiom, or for which Acxiom otherwise has responsibility for the successful completion as part of the
Services, shall not, after final acceptance of the Deliverable by D&B and during the Term of this Agreement, deviate in any material respect from the specifications and requirements for such
Deliverable set forth or referred to in the applicable SOW. In the event of a breach of this Section 17.8, Acxiom shall modify and/or correct such Deliverable, so that this Section is no longer
breached.
17.10 Disclaimers.
THE WARRANTIES SET FORTH IN THIS AGREEMENT (AND ANY WARRANTIES SPECIFIED IN ANY GIVEN SOW) ARE EXCLUSIVE. OTHER THAN AS PROVIDED
IN THIS AGREEMENT (OR ANY SOW HEREUNDER), THERE ARE NO EXPRESS WARRANTIES AND THERE ARE NO IMPLIED WARRANTIES, INCLUDING THE IMPLIED
WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
18. INSURANCE
18.1 Insurance Coverage.
Acxiom represents that as of the Contract Execution Date it has, and agrees that during the Term it shall maintain in force, at least the following insurance coverages in the United
States:
(a) Worker’s Compensation Insurance (Coverage A), including coverage for occupational injury, illness and disease, and other social insurance in accordance with the laws of the
country, state, or territory exercising jurisdiction over the employee.
(b) Employer’s Liability Insurance (Coverage B) in accordance with the laws of the country, state, or territory exercising jurisdiction over the employee, with minimum limits of not
less than: $*** per accident, $*** per employee – disease, and $*** per employee – policy limit.
(c) Comprehensive General Liability Insurance, including Products, Completed Operations, Premises Operations Personal and Advertising Injury, Contractual and Broad Form
Property Damage liability coverages, on an occurrence basis, with a minimum *** and a minimum ***. This coverage shall be endorsed to name D&B and its affiliates as additional
insureds.
(d) Electronic Data Processing Insurance providing coverage for all risks of loss or damage to equipment, data, media and valuable papers that are in the possession, care, custody or
control of Acxiom pursuant to the Agreement. Such insurance shall include Extra Expense and Business Income coverage and have a minimum limit adequate to cover such risks on a
replacement costs basis. Coverage for loss or damage to equipment, data, media, and valuable papers under the Acxiom’s Property Insurance policy is acceptable. This coverage shall be
endorsed to name D&B and its affiliates as loss payees.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
19. INDEMNITIES
19.1 Indemnity by Acxiom.
Acxiom shall indemnify, defend and hold harmless D&B and its Affiliates and their respective officers, directors, employees, agents, successors and assigns from and against any and
all Losses and threatened Losses arising from, in connection with, or based on allegations whenever made of, any of the following:
(a) Acxiom’s failure to observe or perform any duties or obligations to be observed or performed on or after the Contract Execution Date by Acxiom under any of the contracts,
including Software licenses, Equipment leases and Third Party Service Contracts, assigned to Acxiom or for which Acxiom has assumed financial, administrative or operational
responsibility;
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
19.7 Subrogation.
If an indemnitor shall be obligated to indemnify an indemnitee pursuant to this Article 19, the indemnitor shall, upon fulfillment of its obligations with respect to indemnification,
including payment in full of all amounts due pursuant to its indemnification obligations, be subrogated to the rights of the indemnitee with respect to the claims to which such indemnification
relates, except to the extent an insurance policy specified by this Agreement applies to a claim and requires to the contrary.
20. LIABILITY
20.1 General Intent.
Subject to the specific provisions of this Article 20, it is the intent of the parties that each party shall be liable to the other party for any actual damages incurred by the non-breaching
party as a result of the breaching party’s failure to perform its obligations in the manner required by this Agreement.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
20.4 No Exemptions.
The parties acknowledge that the Amount at Risk (as provided in the applicable SOW) and the limit of liability hereunder are intended to be multiples of (and/or based upon) the total
charges payable by D&B under the applicable SOW and under the Agreement, respectively. As such, any Acxiom proposal for New Services or project work during the Term (including
change orders or any work to be provided pursuant to a SOW hereunder) shall not include assumptions or conditions excepting the charges for such proposed New Services or project work
from the Amount at Risk pursuant to an SOW and/or the limit of liability hereunder, as such an exception goes against the intent of the parties.
21.2 Litigation.
For all litigation which may arise with respect to this Agreement, the parties irrevocably and unconditionally submit (i) to the non-exclusive jurisdiction and venue (and waive any
claim of forum non conveniens and any objections as to laying of venue) of the United States District Court for the Southern District of New York or (ii) if such court does not have subject
matter jurisdiction, to the Supreme Court of the State of New York, New York County in connection with any action, suit or proceeding arising out of or relating to this Agreement. The
parties further consent to the jurisdiction of any state court located within a district that encompasses assets of a party against which a judgment has been rendered for the enforcement of
such judgment or award against the assets of such party. Each party waives personal
22. TERMINATION
22.1 Agreement Termination for Cause.
(a) If Acxiom:
(i) commits a material breach of this Agreement which is capable of being cured within thirty (30) days after notice of breach from D&B to Acxiom, and is not cured in such
thirty (30) day period;
(ii) commits a material breach of this Agreement which is not capable of being cured within thirty (30) days after notice of breach from D&B to Acxiom but is capable of
being cured within sixty (60) days after such notice and fails to (A) proceed promptly and diligently to correct the breach, (B) develop within thirty (30) days after such notice a
complete plan for curing the breach, and (C) cure the breach within sixty (60) days after such notice;
(iii) commits a material breach of this Agreement that is not subject to cure with due diligence within sixty (60) days after notice of breach from D&B to Acxiom;
(iv) breaches the representation and/or warranty set forth in Section 17.7; or
(v) commits numerous breaches of its duties or obligations (whether or not individually material) which collectively constitute a material breach of this Agreement, and does
not cure such breaches within thirty (30) days after the single notification of such numerous breaches from D&B to Acxiom; provided however, that if Acxiom does cure such
breaches (or D&B elects not to terminate), then any single, similar breach occurring at any time within three (3) months after such cure shall be deemed to be material,
then D&B may, by giving notice to Acxiom, terminate this Agreement, in whole or in part and at no-cost or charge, as of a date specified in the notice of termination. Any
termination by D&B for breach shall not constitute an election of remedies and shall be without prejudice as to D&B’s other rights resulting therefrom.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
23.7 Liens.
Except with respect to liens obtained in connection with legal proceedings brought by Acxiom to enforce its rights hereunder, Acxiom hereby waives and forever releases D&B, its
Affiliates, and its and their real and personal property (whether owned or leased) from any past, present, or future lien notices, lien claims, liens, encumbrances, security interests, or other
lien rights of any kind based, in whole or in part, on any Services provided under this Agreement.
24. GENERAL
24.1 Binding Nature and Assignment.
(a) This Agreement shall be binding on the parties hereto and their respective successors and assigns. Neither party may, or shall have the power to, assign this Agreement (or any
SOW hereunder) without the prior consent of the other, except that D&B may assign its rights and obligations under this Agreement (or any SOW hereunder) without the approval of Acxiom
to:
(i) an entity which acquires all or substantially all of the assets of D&B or D&B’s line of business to which the Services relate;
(ii) to any Majority Owned Affiliate, or
(iii) to the successor in a merger or acquisition of D&B;
provided that in no event shall such assignment relieve D&B of its obligations under this Agreement; and provided further that any such entity, Affiliate or successor will
provide appropriate documentation indicating that it agrees to be bound hereby. Unless otherwise specifically agreed to in writing by the parties, any assignment permitted hereunder
will include all SOWs entered into hereunder between D&B and Acxiom.
(b) Subject to the foregoing in this Section 24.1, any assignment by operation of law, order of any court, or pursuant to any plan of merger, consolidation or liquidation, shall be
deemed an assignment for which prior consent is required and any assignment made without any such consent shall be void and of no effect as between the parties.
24.4 Notices.
(a) All notices, requests, demands and determinations under this Agreement (other than routine operational communications), shall be in writing and shall be deemed duly given:
(i) when delivered personally (against a signed receipt),
(ii) on the designated day of delivery (other than a weekend or Federal holiday) after being timely given to an express overnight courier with a reliable system for tracking
delivery,
(iii) on the next Business Day when sent by confirmed facsimile with a copy sent by another means specified in this Section 24.4, or
(iv) four (4) Business Days after the day of mailing, when mailed by United States mail, registered or certified mail, return receipt requested and postage prepaid,
(b) Either party may from time to time change its address or designee for notification purposes by giving the other prior notice of the new address or designee and the date upon which
it will become effective. Because facsimile numbers change over time and facsimile transmissions may not be treated with the same degree of seriousness as more formal communications,
notices given by facsimile shall only be deemed effective if responded to by the intended recipient (or his or her successor). Any additional notice requirements with respect to an individual
SOW shall be provided in such SOW.
24.6 Headings.
The article and section headings and the table of contents used in this Agreement are for reference and convenience only and shall not enter into the interpretation of this Agreement.
24.8 Non-Exclusivity.
Except as provided under Section 3.1(e) of this Agreement, as provided in the negative covenant in Section 7 of SOW #1, or as provided in Section 3.8(a) of the S&M Agreement,
this Agreement is non-exclusive and shall not be deemed to be a requirements contract. Except as provided in the S&M Agreement, D&B shall be free without obligation to Acxiom to
acquire from third parties services similar or identical to the Services provided hereunder.
24.9 Severability.
Whenever possible, each provision of this Agreement and/or each SOW will be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of
this Agreement or an SOW hereunder conflicts with the law under which this Agreement is to be construed or if any such provision is held invalid by a competent authority, such provision
(a) shall be deemed to be restated to reflect as nearly as possible the original intentions of the parties in accordance with applicable law, and (b) will be ineffective only to the extent of such
prohibition or invalidity. The remainder of this Agreement shall remain in full force and effect.
24.12 Survival.
Any provision of this Agreement (or an SOW hereunder) that contemplates performance or observance subsequent to termination or expiration of this Agreement (and/or such SOW)
shall survive termination or expiration of this Agreement (and/or such SOW) and continue in full force and effect.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
Date: Date:
This Amendment Number One to the Global Master Services Agreement (the “Global Master Services Agreement” or “Agreement”) is effective as of November 30, 2008 (the “Amendment
Effective Date”), between DUN & BRADSTREET, INC. (“D&B”), a Delaware corporation having its principal place of business at 103 JFK Parkway, Short Hills, New Jersey 07078 and ACXIOM
CORPORATION (“Acxiom”), a Delaware corporation having its principal place of business at 601 East 3rd Street, Little Rock, Arkansas 72201.
WHEREAS, the parties desire to amend the Global Master Services Agreement, as hereinafter set forth.
NOW, THEREFORE, for good and valuable consideration the receipt and adequacy of which are acknowledged, the parties hereby agree to amend, supplement, and modify the Global
Master Services Agreement as follows:
1. Defined Terms.
Terms used with initial capitalization in this Amendment Number One and not otherwise defined herein shall have the meanings provided therefor in the Agreement.
“5.1 Term.
The term of this Agreement shall begin on the Contract Execution Date and shall expire on ***, unless terminated earlier or extended in accordance with this Agreement (such period, the
“Initial Term”).”
IN WITNESS WHEREOF, the parties have each caused this Amendment Number One to be signed and delivered by its duly authorized representative.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
D&B/Acxiom Confidential Information
AMENDMENT NUMBER TWO
to
by and between
and
ACXIOM CORPORATION
Amendment Number Two, dated as of May 6, 2009, to the GLOBAL MASTER SERVICES AGREEMENT (the “Agreement”), dated effective as of June 2, 2008, between DUN &
BRADSTREET, INC. (“D&B”), and ACXIOM CORPORATION (“Acxiom”).
Simultaneously with the execution and delivery of this Amendment Number Two the parties are executing SOW No. 9 to the Agreement and various amendments to other agreements
between them. The parties agree to amend, modify, and supplement the Agreement as follows:
1. VARIOUS AMENDMENTS
1.1 Amendments To Definitions
(a) The definition of “Applicable Laws” is changed to “Applicable Laws and Regulations” and all references in the Agreement to that term (whether or not capitalized in the text are
changed to “Applicable Laws and Regulations”.
(b) The reference in the definition of “Credit Card Data” to Section 16.3(d)(ii) is changed to a reference to
Section 16.3(e).
(c) The definition of “Non-Public Personal Information” is deleted and replaced with “[Reserved]”.
(d) The reference in the definition of “PCI DSS” to Section 16.3(d)(ii)(A) is changed to a reference to Section 16.3(e)(i).
(e) The definition of “Personally Identifiable Information” is amended to read: “‘Personally Identifiable Information’ or ‘PII’ shall have the meaning provided in Section 16.1(c).”
2. INSURANCE AMENDMENTS.
Section 18 of the Agreement is amended as follows:
(a) Section 18.1(b) is amended by establishing two distinct subsections as follows:
“(i) Employer’s Liability Insurance (Coverage B) in accordance with the laws of the country, state, or territory exercising jurisdiction over the employee, with minimum limits
of not less than: $*** per accident, $*** per employee – disease, and $*** per employee – policy limit. This coverage shall be endorsed to name D&B and its affiliates as additional
insureds.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
Confidential
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(ii) Employment Practices Liability Insurance with a minimum aggregate limit of $***.”
(b) Section 18.1(c) is amended to read as follows:
“Comprehensive General Liability Insurance, including Products, Completed Operations, Premises Operations Personal and Advertising Injury, Contractual and Broad Form
Property Damage liability coverages, on an occurrence basis, with a minimum limit per occurrence of $*** and a minimum aggregate limit of $***. ISO Endorsement CGD373
(11/05) shall be included, naming D&B and its affiliates as additional insureds with respect to any legal liability of D&B arising out of the Services.”
(c) Sections 18.1(h) and 18.1(j) are deleted in their entirety and Section 18.1(h) is amended to read as follows:
“(h) Errors and Omissions, Security and Privacy Liability Insurance covering liability for loss or damage due to an act, error, omission or negligence, the failure of technology
products to perform the Services intended, damages and defense costs suffered by others for failure of Acxiom’s computer network security, liability caused by a transmission of a
Virus, unauthorized access, denial-of-service, disclosure of confidential information and identity theft. Coverage will also include coverage for damages and defense cost suffered by
others due to failure to protect confidential information, or the wrongful disclosure of confidential information which are not tied to a negligent act or a failure of security.
Additionally, damages should include direct expenses to a client that are related to a security or privacy event such as customer notification expenses, public relations expenses, and
regulatory action defense expenses. Coverage shall have a minimum annual aggregate limit of $***.”
(d) Section 18.1(i) is amended by deleting the existing section cross-references and replacing them with
“Sections 18.1(b)(i), 18.1(c) and 18.1(f)”.
*** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
Confidential
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(e) The second sentence of Section 18.2(a) is amended to read as follows:
“All coverage required by Sections 18.1(b)(i) and 18.1(c) shall include a waiver of subrogation and a waiver of any insured-versus-insured exclusion in favor of D&B.”
(f) Section 18.2(b) is amended to read as follows:
“Acxiom shall cause its insurers to issue certificates of insurance evidencing that the coverages and policy endorsements required under this Agreement are maintained in
force and shall endeavor to provide (i) not less than thirty (30) days notice to D&B prior to any cancellation of the policies, and (ii) not less than ten (10) days notice for cancellation
for non-payment of premium; provided, however, that with regard to the Commercial Crime Insurance, Acxiom shall cause its insurer to endeavor to provide no less than fifteen
(15) days notice to D&B prior to any cancellation. Acxiom shall provide D&B with thirty (30) days notice of any adverse modification to a policy required by Section 18 of this
Agreement. The insurers selected by Acxiom shall have an A.M. Best rating of “A-” or better, or, if such ratings are no longer available, with a comparable rating from a recognized
insurance rating agency.”
(g) Section 18.2(c) is amended by inserting a new sentence at the end of the section to read “Acxiom shall provide D&B with contemporaneous notice and with such other
information as D&B may reasonably request regarding the event if related to the Services provided to D&B.”
IN WITNESS WHEREOF, the parties have each caused this Amendment Number Two to be signed and delivered by its duly authorized officer.
Confidential