Welcome Gunnison Valley Hospital

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iProtean Subscription Agreement

On behalf of Team iProtean, we are very pleased to welcome Gunnison Valley Hospital as partner to our virtual board education platform for hospital trustees and executive management. Pursuant to our recent conversations, below please find a list of key terms and conditions for your review:

SUBSCRIPTION TIER INCLUDES


Gunnison Valley Hospital will be enrolled into the "iProtean Best" subscription tier which includes:

  • Knowledge Library: All-Access pass to courses in Governance, Finance, Mission & Strategy, Quality, and Innovation & Technology. In addition, subscription includes future access to our upcoming category titled,Spotlight, in-depth interviews with giants in healthcare sharing board best practices, inspirations, and insights. Lastly, subscription also includes monthly newsletters offering up 90-second video clips covering current hot topics in governance.

  • Key Features: Includes Mobile-ready; Star-rating; nudge notifications; digital certification; dashboard; quarterly reporting calls; concierge planning; as well as any new features introduced for this tier during the term of this agreement.

  • Learning Modules: Includes Individual Learning Pathways (ILPs) and Group Learning Pathways (GLP) for both self-directed and group learning settings.

  • Virtual Expert: Includes video visits by iProtean subject matter experts into your boardroom, with a total of one (1) virtual visit during the term of the agreement. This service is subject to mutual coordination of calendars and expert suitability. Gunnison Valley Hospital agrees to provide at least 45 days advance notice to help successfully coordinate bookings.

  • Calendar: Includes features to promote curriculum individualized for each learner. Gunnison Valley Hospital agrees to work with iProtean during the onboarding period to co-design pathways and help identify most suitable courses depending on goals and objectives.

  • Swapping: iProtean grants Gunnison Valley Hospital a right to "swap out" board member seats without any additional licensing charge two times during the term provided the seat becomes available as a result of a terming board member, resignation, or by special request.

  • iProtean Pledge: As part of our mission to create cultures of education excellence, iProtean agrees to donate to Gunnison Valley Hospital 2 free learner licenses for a subsequent year, if in the aggregate, 125 course certifications are issued during this term (@ 1 course each month per learner). Board members and executive management are asked to sign this pledge prior to the commencement of the agreement. This is a voluntary, non-binding pledge designed to establish commitment up-front, and together work towards 'paying-it-forward' for future learners. Visit: https://iprotean.com/pledge/

  • Branded Dashboard: Includes hospital logo, and digital marketing billboard, to highlight content provided by or recommended for Gunnison Valley Hospital.

KEY TERMS


Please review the items and check the acceptance box below.

  • Term: One (1) year agreement commencing on October 1st, 2020 and expiring on September 31st, 2021.

  • Registrant Licenses: Includes 12 registered learners each with complete LMS access (e.g., 5 board members, 7 executives).

  • Fee: A one-time non-refundable fee in the amount of $10,000 upon execution of agreement.

  • Offer Close Date: Offer remains open for 14 days, until Tuesday, September 8th, 5pm PST.

  • Reason for Discount: Gunnison Valley Hospital is both a returning legacy customer, as well as a critical access hospital. Therefore, iProtean agrees to grant a double-tier upgrade. Client will receive the package benefits of a "Best" tier plan at the fee of "Good" tier plan.

Discount Calculation: Note 1: List price for 12 learners at "Best" is $30,240. Note 2: List price for 12 learners at "Good" is $12,240. Savings, $18,000. Note 3: In addition, iProtean will extend a one-time discount for 2 add'l learners in order for entire management team to access the platform. Approx savings, $2,240.

Net Final Fee for Year 1: $10,000 due by September 8th, 2020.

  • Confidentiality: Gunnison Valley Hospital agrees to respect and preserve the confidentiality of this agreement and refrain from sharing the fee structure to third parties.

  • Multi-year Agreement: Parties recognize this fee structure is for the first one year term, and fees may be subject to significant changes in subsequent years. In the event Gunnison Valley Hospital is interested in an advance renewal, iProtean is prepared to honor the current fee of $10,000 in year 2 provided notice and payment is made within six months of the date of this agreement.

  • Remittance: Payment due within 14 days, and made payable by check to: iProtean. Please mail to: Veralon Partners, c/o iProtean, 3 Bala Plaza West, Suite 702, Bala Cynwyd, PA 19004

ACCEPTANCE


Please check the acceptance box and sign the signature field below to memorialize this agreement.

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