Issue link: http://read.uberflip.com/i/1490792
Exhibit 1 Built Implementation Activities & Resource Engagement Built and Client will collaborate to implement Nativ Deal Management Platform. Built will provide Client with implementation assistance as defined herein ("Implementation" or "Implementation Project"). Nothing created by Built pursuant to this Order Form constitutes a work made for hire. Implementation Approach. Built utilizes an agile implementation approach that relies on teamwork and regular and consistent collaboration between Built project teams and Client stakeholders. The parties will establish a Client-specific project plan which may vary from this description by mutual agreement of the parties ("Implementation Project Plan"). Responsibilities of the Parties. Each party will provide the resources necessary to successfully complete the Implementation Project Plan including, without limitation, assigning key human resources, validating the timeline based on the availability of the resources, providing necessary documents and materials, and responding in a timely manner to Implementation Project information requests. Client will also ensure that all relevant Client systems are backed-up prior to the start of the Implementation Project and remain responsible for internal management and decisions. Implementation Phases. The table below provides an overview of the Implementation Project including a description of the activities and responsibilities for each phase. Some of the activities are iterative and will be repeated as necessary, and some phases and activities may be performed concurrently. Client and Built will collaborate in good faith to complete the Implementation Project in a timely and workmanlike manner. Implementation Project work will be conducted during Built Business Hours, excluding U.S. Federal holidays, except as otherwise mutually agreed. Implementation Project work will be primarily performed remotely at each party's location and meetings will be virtual unless mutually agreed otherwise. Implementation Phases Description Discovery & Alignment The initial contact following the Order Form Effective Date will be a kickoff call with the Client team, the Built sales executive, and the Built implementation/client success team. This call will include the following topics: ● Define and outline core implementation milestones ● Define data inputs and data outputs ● Define models, workflow, and analytics ● Develop an Implementation Project Plan and timeline ● Establish working group for core milestone collaboration Legacy Data Import An important aspect of successful implementations is the migration of Client's legacy and active loan portfolio to Nativ Deal Management Platform. As part of this process, the Built Implementation Manager will work with the Client team to understand Client's current data management practices and determine how to migrate this data into Nativ Deal Management Platform effectively. The data conversion process will generally consist of the following: 1. Scoping and phasing of legacy data 2. Alignment on the collection process and sources of truth to assemble data set 3. Data mapping from Client legacy systems/files to Nativ Deal Management Platform 4. Testing/validation of the mapping Nativ Deal Management Platform recommends considering the following legacy data for import. The Client and Nativ Deal Management Platform will outline and document the historic data in accordance with the mutually agreed to scope: ● Loan origination data (historic pipeline data and active deals in closing) ● Asset management data (i.e., data on currently closed loans on books)