Service Provider Agreement


AUTOLOGIQ SERVICE PROVIDER AGREEMENT 

THIS AGREEMENT made as of the .

BETWEEN:

AUTOLOGIQ FINANCE INC., a corporation incorporated under the laws of the Province of Ontario (the “AutologiQ”), - and –   , a corporation incorporated under the laws in the Province which they operate business within (the “Repairer”).

WHEREAS  AutologiQ is the owner of vehicle loan software, trademarks, and related intellectual property (collectively, the “Intellectual Property”) operating under the name “Easy Monthly Payments” or “EMP” (the “EMP Program”);

WHEREAS Repairer operates various vehicle repair facilities across Canada, as set out in Schedule “A” attached hereto;

WHEREAS Repairer would obtain access to the EMP Program and to use the Intellectual Property relating to the EMP program;

AND WHEREAS Repairer would like to engage AutologiQ to provide services relating to the EMP Program (the “Services”);

NOW THEREFORE for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

ARTICLE 1 – INTERPRETATION

  • Interpretation
    • The recitals of this Agreement form an integral part hereof.
    • Time Calculation. In this Agreement (i) the words “including” and “includes” mean “including (or includes) without limitation” and (ii) in the computation of periods of time from a specified date to a later specified date, unless otherwise expressly stated, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding”. When calculating the period of time “within” which or “following” which any act or event is required or permitted to be done, notice given or steps taken, the date which is the reference date in calculating such period is to be excluded from the calculation. If the last day of any period is not a Business Day, such period will end on the next Business Day.
    • Interpretation Not Affected by Headings, Divisions, etc. The words “hereof”, “herein” and “herewith” and words of similar import shall, unless otherwise stated, be construed to refer to this Agreement as a whole and not to any particular provision of this Agreement, and “Article”, “Section”, “Subsection” and “Schedule” references are to the articles, sections, subsections and schedules of this Agreement unless otherwise specified. The headings contained in this Agreement or in a Schedule hereto are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement or the applicable Schedule.
    • Number, Gender and Persons. The definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms and to the masculine as well as to the feminine and neuter genders of such terms. References to a Person is also to its successors and permitted assigns.
    • All monetary amounts set forth in this Agreement are in Canadian dollars.
    • Instruments and Statutes. Unless otherwise specified herein, any agreement, instrument or statute (including any specific provision) defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement, instrument or statute (including any specific provision and in the case of a statute any regulations promulgated thereunder) as from time to time amended, restated, replaced, modified, qualified or supplemented, including (in the case of agreements and instruments) by waiver or consent and (in the case of statutes) by succession of comparable successor statutes and all attachments thereto and instruments incorporated therein.
    • All schedules annexed to this Agreement or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth in full herein. Any capitalized terms used in any Schedule of this Agreement but not otherwise defined therein, shall have the meaning as defined in this Agreement.
    • No Presumption. If an ambiguity or a question of intent or interpretation arises, this Agreement is to be construed as if drafted jointly by the Parties. No presumption or burden of proof should arise in favour of any Party by virtue of the authorship of any provision of this Agreement.

ARTICLE 2 – LICENSE OF INTELLECTUAL PROPERTY

2.1 License

2.1.1 License of Intellectual Property. This Agreement shall provide Repairer with a non-exclusive license to use the Intellectual Property for the duration of the Term of this Agreement (the “License”).

2.1.2 Ownership of Intellectual Property. Repairer acknowledges that the License is a limited nonexclusive license for purposes of this Agreement. AutologiQ is and remains the owner of all titles, rights, and interests in the Intellectual Property.

2.1.3 Limitations on Use of Software.  This License permits Repairer to use and install software relating to the EMP Program (the “Software”) on more than one computer system. Repairer will not make copies of the Software or allow copies of the Software to be made by others, unless authorized by this License Agreement. Repairer may make copies of the Software for backup purposes only.

2.1.4 Liability.  Notwithstanding the foregoing, AutologiQ is not liable to licensee for any damages including compensatory, special, incidental, exemplary, exemplary, punitive, or consequential damages, connected with or resulting from this license agreement or licensee’s use of the EMP software or the Intellectual Property. 

2.1.5 Indemnity.  Repairer agrees to defend and indemnify AutologiQ and hold AutologiQ harmless from all claims, losses, damages, complaints, or expenses connected with or resulting from Repairer's business operations.

ARTICLE 3 – SERVICES

3.1 Services

3.1.1 Services.  In conjunction with the License provided to Repairer, AutologiQ will provide various Services relating to the EMP Program, as set out in Schedule “B”, attached hereto.  The Repairer acknowledges that the details set out in Schedule “B” are subject to change.

ARTICLE 4 – VERIFICATION OF INFORMATION

4.1 Verification of Information

4.1.1 Personal & Vehicle Documentation.  When enrolling a person into the EMP Program, the Repairer will obtain correct information from the person, including but not limited to the person’s name, address, bank account, driver’s license, vehicle ownership, vehicle year, vehicle model, odometer reading (the “Personal & Vehicle Documentation”).

4.2 Work Orders & Invoices

4.2.1 Authorized Work Orders or Invoices.  The Repairer shall provide a fully executed copy of any work order and invoice relating to a person’s enrolment into the EMP Program.

4.3 Failure to Provide

4.3.1 Failure to Provide.  Where the Repairer fails to provide correct and true information pursuant to this section 4 and AutologiQ suffers damages as a result, the Repairer shall be liable to AutologiQ and shall reimburse AutologiQ for the amount of said damages. 

ARTICLE 5 – POWER OF ATTORNEY

5.1 Power of Attorney

5.1.1 Assignment Agreement.  The Repairer gives AutologiQ full power of attorney to execute the Assignment Agreement, as set out in Schedule “C”, attached hereto, on behalf of the Repairer.

5.1.2 Documentation.  Any Assignment Agreements executed by AutologiQ pursuant to this section 5 shall be provided to the Repairer upon request.

ARTICLE 6 – MARKETING MATERIALS

6.1 Marketing Materials

6.1.1 General.  The Repairer acknowledges that the person enrolled in the EMP Program shall become a client of AutologiQ and AutologiQ may send marketing materials or product information in respect of any other services or products offered by AutologiQ or its related persons, in any format whatsoever, to any of the Repairer’s customers that enrol in the EMP Program.

6.1.2 Restrictions.  The Repairer shall not conduct any marketing of the EMP Program without the express written approval of AutologiQ. Any potential marketing programs and advertisements by the Repairer shall be submitted in advance to AutologiQ, and AutologiQ may deny approval for any reason whatsoever.

ARTICLE 7 - REPRESENTATIONS AND WARRANTIES OF AUTOLOGIQ

7.1 Representations and Warranties

7.1.1 Representations and Warranties.  AutologiQ hereby represents and warrants to Repairer, with the intent that AutologiQ shall rely thereon in entering into this Agreement and in concluding the transactions contemplated hereby, that:

  • it is duly incorporated, validly exists and is in good standing with respect to the filing of annual returns under the Business Corporations Act (Ontario) and has the necessary corporate power, authority and capacity to own its property and assets and to carry on its business as presently conducted and is duly licensed to carry on business in all jurisdictions in which it presently carries on business;
  • it has duly obtained all corporate authorizations for the execution and performance of this Agreement by it, and that the consummation of the transactions herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of its Articles or constating documents or any shareholders’ or directors’ resolution, indenture, agreement or other instrument whatsoever to which it is a party or by which it is bound; and
  • this Agreement has been duly executed and delivered by it and constitutes a valid, binding and enforceable agreement against it.

7.1.2 Survival of Representation and Warranties.  The representations and warranties contained in section 8 are provided for the exclusive benefit of Repairer and a breach of any one or more thereof may be waived by Repairer in whole or in part at any time without prejudice to its rights in respect of any other breach of the same or any other representation or warranty, and the representations and warranties contained in section 8 shall survive the execution hereof and shall continue in full force and effect for the benefit of Repairer thereafter, notwithstanding any independent inquiry or investigation by Repairer.

ARTICLE 8REPRESENTATIONS, WARRANTIES OF repairer

8.1 Representations and Warranties

8.1.1 Representations and Warranties.  Repairer hereby represents and warrants to AutologiQ with the intent that Repairer shall rely thereon in entering into this Agreement and in concluding the transactions contemplated hereby, that:

  • it is duly incorporated, validly exists and is in good standing with respect to the filing of annual returns under the Business Corporations Act (Ontario) and has the necessary corporate power, authority and capacity to own its property and assets and to carry on its business as presently conducted and is duly licensed to carry on business in all jurisdictions in which it presently carries on business;
  • it has duly obtained all corporate authorizations for the execution and performance of this Agreement by it, and that the consummation of the transactions herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of its Articles or constating documents or any shareholders’ or directors’ resolution, indenture, agreement or other instrument whatsoever to which it is a party or by which it is bound; and
  • this Agreement has been duly executed and delivered by it and constitutes a valid, binding and enforceable agreement against it.

8.1.2 Survival of Representation and Warranties.  The representations and warranties contained in section 9 are provided for the exclusive benefit of AutologiQ and a breach of any one or more thereof may be waived by AutologiQ in whole or in part at any time without prejudice to its rights in respect of any other breach of the same or any other representation or warranty, and the representations and warranties contained in section 9 shall survive the execution hereof and shall continue in full force and effect for the benefit of AutologiQ thereafter, notwithstanding any independent inquiry or investigation by AutologiQ. 

ARTICLE 9 - TERMINATION

9.1 Termination

9.1.1 Termination by Default.  If a party (in this Article called the “Defaulting Party”) fails or neglects to make any payment when due hereunder or otherwise fails to perform or otherwise breaches any of the terms, conditions, agreements or covenants in this Agreement on its part to be performed and such default continues for a period of sixty (60) days after the other party (in this Article called the “Non-Defaulting Party”) notifies the Defaulting Party of such default in writing, then unless:

  • such default has been completely remedied by the Defaulting Party within such sixty (60) day period; or
  • in the event that the default reasonably requires a period of greater than sixty (60) days to cure, the Defaulting Party has commenced the remedying of same within such sixty (60) day period and thereafter with all diligence proceeds to completely remedy same, and the Non-Defaulting Party has agreed to the period required to remedy same,

the Non-Defaulting Party may, in its sole discretion and without further notice, terminate this Agreement forthwith upon written notice to the Defaulting Party.

9.1.2 Termination on Insolvency, etc.  Either AutologiQ or Repairer may terminate this Agreement immediately upon written notice to the other:

  • if the other passes any resolution or any order is made for the winding-up or dissolution of that party;
  • if any arrangement or compromise is proposed by the other to its creditors or to any class of creditors under bankruptcy, insolvency or similar legislation to which that other is subject; or
  • if a receiver or receiver-manager is appointed for the other or over any significant part of its assets or properties at the instance of any one or more of that party’s creditors or if any petition in bankruptcy or similar petition has been made by any creditor, which that other party has not discharged within sixty (60) days after the making thereof.

9.1.3 Termination by Notice.  Either party may terminate this agreement at any time provided at least Thirty (30) days written notice has been provided to the other party. 

9.1.4 Consequence of Termination.  The termination of this Agreement shall not relieve any party from its liabilities and obligations hereunder which have accrued to the date of termination and, without limitation, any Administration Fees due to the Parent prior to the date of termination shall be due and payable on the due date which would have applied had this Agreement not been terminated.

ARTICLE 10 - GENERAL PROVISIONS

10.1 General Provisions

10.1.1 Effective Date.  This Agreement shall become effective as of the date hereof and, unless sooner terminated as provided herein, shall continue in effect until such time as the Subsidiary no longer has any Debt Securities outstanding.

10.1.2 Non-Assignable.  No party may assign this Agreement or any part thereof to any other person without the prior written consent of the other parties, which consent may not be unreasonably or arbitrarily withheld.

10.1.3 Entire Agreement.  This Agreement embodies the entire agreement and understanding between the parties hereto and supersedes all prior agreements and undertakings, whether oral or written, pertaining to the subject matter hereof.

10.1.4 Amendments.  The parties to this Agreement may amend this Agreement only in writing.

10.1.5 Further Assurance.  The parties hereto agree to execute all such further and other documents or assurances as may be required in order to carry out this Agreement according to its true intent.

10.1.6 Notice.  Unless otherwise provided herein, any notice or other communication required or permitted to be given under this Agreement will be in writing and may be given by delivering, sending by electronic transmission or other means of electronic communication capable of producing a printed copy, or sending by prepaid registered mail posted in Canada the notice to the parties at the addresses as set out on the first page of this Agreement (or to such other addresses or number as any party may specify by notice in writing to any other party). Any notice or other communication delivered or sent by electronic facsimile transmission or other means of electronic communication capable of producing a printed copy on a business day will be deemed conclusively to have been effectively given on the day the notice was delivered, or the transmission was sent successfully to the number set out above, as the case may be. Any notice sent by prepaid registered mail will be deemed conclusively to have been effectively given on the third business day after posting; but if at the time of posting or between the time of posting and the third business day thereafter there is a strike, lockout, or other disturbance affecting postal service, then the notice will not be effectively given until actually delivered.

10.1.7 Enurement.  This Agreement shall enure to the benefit of and be binding upon the parties to this Agreement and their respective successors and permitted assigns.

10.1.8 Governing Law.  This Agreement and all matters arising hereunder shall be governed by, construed and enforced in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein and all disputes arising under this Agreement shall be referred to the non-exclusive jurisdiction of the Courts of the Province of Ontario.

10.1.9 Severability of Clauses.  In the event that any provision of this Agreement or any part thereof is invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

10.1.10 Counterparts. This Agreement may be executed by facsimile or other electronic means in several counterparts, each of which when so executed shall be deemed to be an original, and such counterparts together shall constitute one and the same instrument and notwithstanding their date of execution shall be deemed to bear the date first above written.

IN WITNESS WHEREOF the parties hereto have executed this Agreement.

Schedule “A” Vehicle Repair Facilities

Legal Business Name

 

Address

 

City

Province

Postal Code

Phone

Email

Website

Business Hours

Monday

  to  

Tuesday

   to

Wednesday

  to

Thursday

   to  

Friday

  to

Saturday

   to  

Sunday

   to  

Schedule “B” Services

Interest Rate to the Customer

19.99%

Term

36 Months

12 or 24 Months

Default Term

Optional – Manual with fee of $50 per loan

Promotions

On occasion, AutologiQ may provide changes to payment interest, non-payment terms “Don’t Pay for 90 Days”, gift cards etc.

 

Customer Payments

Once per month on the day of the month the loan was started

Pre-Authorised Payment (PAP)

NSF

AutologiQ will contact the customer and arrange another payment date to pull the PAP.

NSF Fee charged to Customer

Collections

AutologiQ will manage the collections process and collection calls to the Customer

Key dates are 30 days, 60 days, and 90 days past due

Repossession by AutologiQ

After 90 days

Training

autologiQ will provide ongoing training with staff at the Repair Facility – This training may be performed in person or virtually

 

 

     

 

Schedule “C”

Assignment Agreement 

REPAIRER AGREEMENT AND ASSIGNMENT

Capitalized terms not defined herein have the meanings given to them in the Service Payment Plan (the “Agreement”) to which this assignment agreement (the “Assignment”) is affixed.

THIS AGREEMENT IS ENTERED INTO ON BETWEEN: (the “Repairer”) - and - AUTOLOGIQ FINANCE INC. (the “Lender”).

For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Repairer and the Lender hereby agree as follows:

  1. Assignment and Assumption

The Repairer hereby assigns all of its rights, title and interest in and to the Agreement, including the non-possessory lien and security interest over the Asset, to the Lender, subject to the terms and conditions of this Assignment set out below.  The Lender hereby assumes all of the obligations of the Repairer under the Agreement and agrees to pay to the Cost of Repair (as defined in the Agreement) to the Repairer in full on the date of this Assignment in consideration for the Repairer entering into this Assignment.

  1. Representation and Warranties

The Repairer hereby represents and warrants to the Lender that:

  • the Repairs have been completed in accordance with industry standards and were accepted by the Customer;
  • the Customer name and address information, Year, Make, Model, Odometer and Identification # as listed in the Agreement has been validated and is correct;
  • the Customer authorized the Repairer to charge for the Repairs in writing, or if the authorization was not given in writing, the Repairer recorded the name of the person giving the authorization, the time and date of the authorization and the phone number of the person giving the authorization (if given by phone), or other contact information for the person giving the authorization (if not by phone);
  • all amounts charged for the Repairs were for materials and services properly rendered and the Repairer is not aware of any claim by the Customer that there is any defect in such materials or services;
  • the Repairer applied labour, skills and/or material to the Asset for the purpose of altering, improving and/or restoring it or maintaining its condition;
  • the Repairs were made to the Asset while in the Repairer’s possession;
  • prior to commencing the Repair, the Repairer either (i) provided the Customer with a written estimate of the cost for the Repairs in compliance with all applicable laws, rules and regulations, and the Cost of Repair does not exceed the total of such estimate by greater than 10% (or such other number as may be required by applicable law) without charging for the estimate, or (ii) offered the Customer a written estimate, which the Customer declined, and the Customer authorized a maximum amount that he or she would pay for the Repairs, and the Cost of Repair does not exceed such amount;
  • the Repairs are compliant with all applicable laws, rules and regulations, and prescribed requirements thereunder, and create an enforceable non-possessory lien against the Asset in accordance with applicable legislation;
  • all information and documentation
  • possession of the Asset was delivered to and accepted by the Customer on the date of this Assignment;
  • this Assignment is a legal, valid and binding obligation of the Repairer, enforceable against it in accordance with its terms; and
  • all other facts and signatures set forth in this Agreement are true and correct.
  1. Indemnification

If any of the foregoing representations and warranties of the Repairer prove to be untrue in any material respect then (in addition to any other right or remedy available to the Lender), the Repairer agrees, upon demand by the Lender, to repay the outstanding Principal Amount under the Agreement plus all accrued and unpaid interest at the Annual Percentage Rate following default and before and after judgment and all other costs, fees, and charges incurred by the Lender related thereto, and the Repairer further agrees to indemnify and hold harmless the Lender for any other loss or damage suffered by the Lender as a result of the breach of any such representations and warranties.

  1. Further Assignment

This Assignment may be assigned by the Lender to any other party without notice or approval of the Repairer.

  1. Interpretation, Choice of Law and Venue

This Assignment shall be interpreted under and governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein. Headings are for convenience only and shall not be referred to in the interpretation of this Assignment. Any action or proceeding arising out of or based upon this Assignment may be instituted in the courts of the Province of Ontario in the City of Toronto, and each party irrevocably submits to the exclusive jurisdiction of such courts in any such action or proceeding.

  1. Electronic Signatures and Electronic Delivery

Each party agrees that the electronic signatures, whether digital or encrypted, of the parties included in this Assignment are intended to authenticate this writing and to have the same force and effect as manual signatures. “Electronic signature” means any electronic sound, symbol, or process attached to or logically associated with a record and executed and adopted by a party with the intent to sign such record, including facsimile or email electronic signatures. Delivery of an executed copy of this Assignment by facsimile or electronic transmission constitutes valid and effective delivery.

IN WITNESS HEREOF, the parties hereto have executed this Assignment dated as of the first date written above.

Lender: AUTOLOGIQ FINANCE INC.                                       

Repairer:

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Document name: Service Provider Agreement
lock iconUnique Document ID: 5194c9bfd0d52baf4b2f0cd1a2a8090067c82a90
Timestamp Audit
May 6, 2021 12:42 pm EDTService Provider Agreement Uploaded by autologiQ EMP - emp@autologiq.ca IP 192.81.224.14
May 13, 2021 8:54 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 148.255.134.187
May 18, 2021 3:10 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 148.255.83.150
May 19, 2021 4:43 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 148.255.137.201
August 31, 2021 10:39 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 148.255.106.141
August 31, 2021 10:41 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 148.255.106.141
August 31, 2021 10:42 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 148.255.106.141
May 11, 2022 12:16 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 192.81.224.14
May 11, 2022 12:36 pm EDTEMP Sales - empsales@autologiQ.ca added by autologiQ EMP - emp@autologiq.ca as a CC'd Recipient Ip: 192.81.224.14