Acquired AssetMark Users Clause Samples

Acquired AssetMark Users. If AssetMark acquires a business entity that has an agreement with RUS for use of the BETA System, AssetMark shall be entitled add or convert the acquired entity’s users to AssetMark’s instance of the BETA System and such additional users’ use of the BETA System shall be governed by this Agreement upon such acquisition. Further, AssetMark shall be entitled to terminate the agreement between RUS and the acquired entity; provided, however, that the acquired entity, or its successor in interest shall remain responsible for all fees relating to termination for convenience specified in such agreement, outstanding fees due and owing to RUS, deconversion fees specified in the such agreement, and fees specified in such Agreement relating to BETA System inquiry capabilities post financial conversion (i.e., for historical data lookups and storage). Confidential Information of AssetMark and RUS