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EXHIBIT 3 <br />acknowledges that the fees incurred for work performed by Attorneys on its behalf are due and <br />owing within 45 days of receipt of this statement. <br />4. CONTROL OF LEGAL MATTERS Attorneys agree that each and every matter or <br />proceeding in which they undertake to assist the City, as aforesaid, shall be and remain under, and <br />subject to the control and direction of the assigned Assistant City Attorney and the Executive Director <br />of the Finance and Management Services Agency at all stages, and that they shall at all times keep <br />the City informed of all matters pertaining thereto. City will keep Attorneys informed of all <br />significant developments in matters relating to the Assignment. Attorneys further agree, if and when <br />their retention hereunder is terminated by City, as hereinafter specified, they shall return to City any <br />and all files then in their possession concerning the Assignment. <br />5. REPORTING REQUIREMENTS Attorneys agree to keep the City, and any other person(s) <br />designated by the City, informed of significant findings and at a minimum provide an update on the <br />status of the Assignment every thirty (30) days. Attorneys also agree to provide the City Attorney's <br />Office an audit report(s) upon completion of the Assignment. <br />6. TERM The term of this Agreement shall commence on the date first written above and <br />terminate on June 30, 2020 unless terminated earlier pursuant to Section 15 below. The term of this <br />Agreement may be extended for up to one (1) year upon a writing executed by both parties, including <br />the City Manager and a Senior Assistant or Assistant City Attorney. <br />7. INDEPENDENT CONTRACTORS It is mutually agreed by and between the parties that, <br />in the performance of their covenants hereunder, Attorneys are and shall be independent contractors, <br />and not officers or employees of City. <br />8. INSURANCE Attorneys shall provide to the City proof of Professional Liability (errors <br />and omissions) insurance, with a combined single limit of not less than $1,000,000 per claim, and <br />maintain such insurance throughout the term of this Agreement. If Attorneys fail or refuse to <br />produce and maintain the insurance required by this section, or fail or refuse to famish the City <br />with required proof that insurance has been procured and is in force and paid for, the City shall <br />have the right, at the City's election, to forthwith terminate this Agreement. Such termination shall <br />not affect Attorneys' right to be paid for its time and materials expended prior to notification of <br />termination. <br />9. INDEMNIFICATION Attorneys agree to and shall indemnify and hold harmless the City, <br />its officers, agents, employees, and representatives from liability for personal injury, damages, <br />restitution, judicial or equitable relief to the extent caused by Attorneys' negligent or wrongful <br />performance or conduct related to this Agreement. <br />10. CONFIDENTIALITY All information and documents shared with Attorneys as well as <br />all work performed by Attorneys in connection with this Agreement should be treated as strictly <br />confidential. Moreover, all communications between Attorneys and City shall be treated as <br />protected by the attorney -client privilege and the attorney work product doctrine. Accordingly, <br />information received by Attorneys from City should be kept in a secure place, and no information <br />about this work may be disclosed to any third party without City's prior written approval. <br />25B-22 <br />