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Exhibit 10.11
Certain identified information has been excluded from this exhibit pursuant to
Item 601(b)(10)(iv) of Regulation S-K because it is both not material and would
likely cause competitive harm to the registrant if publicly disclosed.
ORDER
Prepared for: Oriental Bank
254 Munoz Rivera Avenue15th Floor San Juan, PR 00918
Order Effective Date:
7/28/2020
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Fidelity Information Services, LLC 601 Riverside Avenue
Jacksonville, FL 32204-2946
This Order is governed by the Technology Outsourcing Agreement originally entered into between
Oriental Bank
(“
Client
”) and
Metavante Corporation
dated 1/26/2007 (“
Agreement
”). The Solution Terms below apply to the
referenced Solutions, in addition to the Technology Outsourcing Agreement. By signing this Order, Client agrees to
purchase the Services and license the Software listed on the attached pricing attachment(s).
SOLUTIONS & TERM
Each Service on this Order will begin on the Commencement Date for that Service and continue for the initial term in
the table above (the “
Initial Term
”). After the Initial Term, or the then current Renewal Term, the term of the Service
automatically renews for successive renewal terms as set forth in the table above (each, a “
Renewal Term
”) unless
terminated by Client or FIS in writing at least 180 days prior to the last day of the Initial Term or of the then current
Renewal Term.
As of the Order Effective Date above, Metavante Corporation hereby assigns, and Fidelity Information Services, LLC,
herby assumes, all of the rights and obligations of the Agreement existing or accruing on or before the date of this
Amendment to the same extent as if Fidelity Information Services, LLC had been the original party to the
Agreement
.
The parties agree that the Agreement is hereby Amended to replace references to “Metavante Corporation” with
references to Fidelity Information Services, LLC, whose principal place of business is 601 Riverside Avenue,
Jacksonville, FL 32204-2946. All references to “Metavante” or “FIS” shall hereafter refer to Fidelity Information Services,
LLC.
This Order may be executed and delivered by electronic means. Electronic signatures will be deemed original
signatures for all purposes and will legally bind the parties to the same extent as an original signature. In the event of
any conflict between this Order and the Agreement, the terms of this Order govern the Solutions on this Order.
ORIENTAL BANK
FIDELITY INFORMATION SERVICES, LLC
Signature:
/s/ Ana Ramos
Signature:
Name:
Ana Ramos
Name:
Matthew Egan
Title:
Ana T. Ramos, CIO
Title:
Accounting Manager
Date:
November 18, 2020 | 15:05 PST
Date:
November 30, 2020 | 11:30 EST
Account ID: 11461 OID: 00663758
Solution
Applicable Solution
Terms (Existing)
Applicable
Solution Terms
(Attached)
Initial Term
Renewal Term
IBS Banking System
The existing
Technology
Outsourcing Agreement
Coterminous with
the Services
provided under the
Technology
Outsourcing
Agreement.
Coterminous with
the Services
provided under
the Technology
Outsourcing
Agreement.
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Prepared for: Oriental Bank Page 1
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PRICING ATTACHMENT
ORIENTAL BANK
REVISED: OCTOBER 23, 2020
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Company Confidential/SB/663758/S1/C3 Page 1 of 7