# Contract with TechDrive Insurance for Carllm **Contract Date:** October 1, 2024 **Contract Duration:** 12 months --- ## 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. --- **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.