The Brooklyn Hospital Center

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iProtean Subscription Agreement

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

SUBSCRIPTION TIER INCLUDES


The Brooklyn Hospital Center will be enrolled into the iProtean Best subscription tier which includes:

  • Knowledge Library: Access to all video courses in Governance, Finance, Mission & Strategy, Quality, and Innovation & Technology.

  • 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 virtual participation of iProtean subject matter experts for your board or committee members, with a total of two (2) virtual visits during the term of the agreement. This service is subject to mutual coordination of calendars and expert suitability. Hospital agrees to provide at least 45 days advance notice for calendar planning purposes.

  • Calendar: Includes features to promote curriculum individualized for each learner. 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 Hospital a right to "swap out" board member seats three 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 Hospital 3 free learner licenses for a subsequent year, if in the aggregate, the board completes its certification target at 80% or better to goal.

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

KEY TERMS


Please review the items and check the acceptance box below.

  • Term: One (1) year agreement commencing on November 30, 2020 and expiring on November 29, 2021; with a future option to renew for a second one-year term available at an additional discount, subject to the conditions stipulated below.

  • Fee: Non-refundable fee in the amount of $20,400 due at execution no later than November 2, 2020

  • Performance Based Discount: iProtean is prepared to grant a one-time 20% discount ($4,080) made available to offset future renewal fees, provided: 1) the board collectively completes 90% or better its certification targets during the first six months of the program (December - May); and 2) The Brooklyn Hospital Center executes its renewal for a second term no later than June 15, 2021.

  • Discount Explanation: Based on a package of no less than 20 registered learners, The Brooklyn Hospital Center shall receive a double-tier upgrade at no additional charge to the iProtean Best subscription:

    • List rate for Best Plan: $50,400
    • List rate for Better Plan: $27,600
    • List rate for Good Plan: $20,400
    • Savings extended to The Brooklyn Hospital Center: $30,000
    • Reasons: Preferred client of Veralon Partners
  • Registrant Licenses: Includes 20 registered learners each with complete LMS access.

  • Confidentiality & Data Privacy: The Brooklyn Hospital Center agrees to respect and preserve the confidentiality of this agreement and refrain from sharing the fee structure to third parties. iProtean shall protect the individual privacy of data gathered during the relationship at all times, and if data is disseminated for educational purposes, such data shall remain anonymized, and treated in accordance with industry best practices.

  • 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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