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# Contract with TechDrive Insurance for Carllm
**Contract Date:** October 1, 2024
**Contract Duration:** 12 months
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## Terms
1. **Parties Involved**: This contract is entered into between Insurellm (the "Provider") and TechDrive Insurance (the "Customer").
2. **License Grant**: Insurellm grants TechDrive Insurance a non-exclusive, non-transferable license to use the Carllm product as per the selected pricing tier (Professional Tier at $2,500/month).
3. **Payment Terms**: TechDrive Insurance agrees to make monthly payments of $2,500 for the duration of this contract, due on the 5th of each month.
4. **Confidentiality**: Both parties shall maintain confidentiality regarding each other’s proprietary information throughout the duration of this contract and for three years following its termination.
## Renewal
1. **Automatic Renewal**: This contract shall automatically renew for additional one-year terms unless either party provides written notice of non-renewal at least 30 days prior to the contract expiration.
2. **Pricing Review**: The pricing for any renewal period shall be discussed 60 days prior to the end of the term and agreed upon in writing.
## Features
1. **Included Features**: Under the Professional Tier, TechDrive Insurance will have access to the following features of Carllm:
- AI-Powered Risk Assessment
- Instant Quoting
- Customizable Coverage Plans
- Fraud Detection
- Customer Insights Dashboard
- Mobile Integration
- Automated Customer Support
2. **System Requirements**: TechDrive Insurance must ensure that their existing systems meet the technical requirements to integrate with Carllm, as outlined in the onboarding documentation provided by Insurellm.
## Support
1. **Customer Support**: Insurellm will provide 24/7 customer support to TechDrive Insurance via AI-driven chatbots, ensuring timely resolution of inquiries and issues.
2. **Training**: TechDrive Insurance staff will receive onboarding training sessions to ensure effective utilization of the Carllm platform, scheduled within the first two weeks of contract commencement.
3. **System Updates**: The Provider will push regular updates to improve system performance and add new features. TechDrive Insurance will receive prior notification of any significant upgrades that may affect current operations.
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**Signatures:**
**Insurellm Representative:**
Name: John Smith
Title: Account Manager
Date: ____________
**TechDrive Insurance Representative:**
Name: Sarah Johnson
Title: Operations Director
Date: ____________
This contract will serve as the foundational agreement for the ongoing collaboration between Insurellm and TechDrive Insurance in optimizing their auto insurance offerings through the Carllm product. |