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damage due to the negligence of City, criminal acts of a third -party, or otherwise while Contractor's vehicle is parked during the dates provided above. Any days of parking in addition to the dates provided above shall incur a cost of $_ per day. Contractor Initials 2. COMPENSATION a. City agrees to pay, and Contractor agrees to accept as total payment for its services for City, the rates and charges identified in Exhibit A, Exhibit B, and Exhibit C, attached hereto and incorporated in full. The total amount to be expended under this Agreement shall not exceed Thirty -One Thousand Nine Hundred Fifty Dollars and Zero Cents ($31,950.00). b. Payment of deposit of half of invoiced amount for each specific event shall be processed prior to the specific event. C. Remaining balance of invoiced amount for each specific event shall be processed within forty-five (45) days following receipt of proper invoice evidencing work performed, subject to City accounting procedures. d. Payment need not be made for work that fails to meet the standards of performance set forth in the Recitals and Scope of Work, which may reasonably be expected by City. 3. TERM This Agreement shall commence on August 4, 2022 and terminate on December 31, 2022, unless terminated earlier in accordance with Section 17, below. 4. PREVAILING WAGES Contractor is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on "public works" and "maintenance" projects. If the services being performed are part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and the total compensation is $1,000 or more, Contractor agrees to fully comply with such Prevailing Wage Laws. Contractor shall defend, indemnify and hold the City, its elected officials, officers, employees and agents free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. 5. INDEPENDENT CONTRACTOR Contractor shall, during the entire term of this Agreement, be construed to be an independent contractor and not an employee of the City. This Agreement is not intended nor shall Page 2 of 10