CorpLink offers two purchase options:

1. The Standard Purchase Option is an outright purchase ofthe software. It is based on the number of concurrent users that arerequired, the selected software options and an annual maintenancefee. The annual maintenancefee is paid on the customer’s Anniversary Date. This option is available in Single User or Multi-userserver versions.
2. The Transaction Based Option is a “pay as you use” modeland is based on a pre-determined number of generated transactions on ayearly basis. There is noannual maintenance andsupport fee with this option. This option is available in Singleuser or Multi-user server versions. This model enables your firm to disburse the cost of thesoftware to your clients.

The Transaction Model is based on a charge being levied to a corporate record the first time it is accessed each year. Please note that a particular record can only be levied a disbursable charge “once” during any 12 month period. A down payment of ¼ of the total of the standard base-licensing fee is required upon installation, however, such down payment will be applied toward the total transaction fees for the year.

This model requires a 3-year commitment. This model virtually guarantees that the costs of the software are disbursed to your clients as a management fee of their corporate records.

How does the Transaction Model work?

CorpLink has the ability to track all application transactions. Please note that not all transactions will result in a charge being levied against the corporation in question.
Certain transactions are disbursable (for example, generating a corporate summary or generation of documents and forms). Only a disbursable transaction will generate a transaction against a client’s corporate record. Your database administrator will pull and access the list of the transactions that were generated for a particular month and will subsequently export the file to CorpLink.

Things to remember about the Transaction model:

CorpLink’s basic transaction option creates only one transaction record per corporate record every 365 days. This occurs after the first disbursable transaction is created for a corporate record. This means that any given corporate record will only be billed the quoted rate any given year for the management of its records. If there are no transactions created for a corporate record in a year, then no transaction fee will be generated against that corporation. There are a minimum number of active client transactions that must be generated in the 365 days. There is a three year commitment to this model. Once the three year commitment has been met, the client may decide to continue with the Transaction Model or revert to the Standard Annual Maintenance Model with the Annual Maintenance fee payable on their anniversary date each year.

Transaction Model Disbursable Activity

Disbursable activity within CorpLink includes the following:

1. Generation of any government form, includinge-filing;
2. Creation of any document (i.e. Annual Resolutions,Reporting Letter, etc.);
3. Generating a Corporate Summary;
4. Creating Directors, Officers or Shareholders Ledgersand/or registers and Share Certificates

The following activity is not considered Disbursable Activity:

1. Viewing an existing Corporate Matter;
2. Updating the CorpLink database;
3. Generating database wide searches and reports, suchas the Corporate Records List, various expiry date/renewal reports,checklists for annuals due, audit trail, reference reports, entityreports, etc.;
4. Importing precedent documents;
5. Customizing precedent documents; and
6. Creating customized Search and/or report throughQuery and Report Editor features

Benefits of the Transaction Model:

• Start-up price is drastically reduced;
• Transactions may be billed to your client as adisbursement;
• No annual maintenance fees; and;
• Support is included in this model

CorpLink provides the following optional products and services with any of the two available purchase options:

• Internet Reporter Module—unlimited number of “read-only” user access to database
• Escrow
• Advanced Training (Document Coding)
• Service Level Agreement—extended support
• Data Conversion from an existing database
• Data Entry of Corporate Records
• Document Coding of firm’s precedents (incorporation/organizational), corporate summary etc.
• Integration with Document Management System
• Customizations of the Database