Please scroll down to review the agreement.
On behalf of Team iProtean, we are very pleased to welcome Children's Wisconsin 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
Children's Wisconsin 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 90% or better to goal.
Branded Dashboard: Includes hospital logo, and digital marketing billboard, to highlight content provided by or recommended for Hospital.
Please review the items and check the acceptance box below.
Term: One (1) year agreement commencing on January 1, 2021 and expiring on December 31, 2021; with a future option to renew for a second one-year term available at a significant discount, subject to the conditions stipulated below.
Fee: Non-refundable fee in the amount of $24,500 due at execution no later than November 2, 2020
Performance Based Discount: iProtean is prepared to grant a one-time discount of $4,000 made available to offset future renewal fees, provided: 1) the board collectively completes 80% or better its certification targets during the first seven months of the program (January - June); and 2) Children's Wisconsin executes its renewal for a second term no later than July 15, 2021.
Discount Explanation: Based on a package of no less than 20 registered learners, Children's Wisconsin shall receive a double-tier upgrade at no additional charge to the "iProtean Best" subscription:
Registrant Licenses: Includes 31 registered learners each with complete LMS access.
Confidentiality & Data Privacy: Children's Wisconsin 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
Please check the acceptance box and sign the signature field below to memorialize this agreement.