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The City will access the line of credit under the following conditions and <br />procedures: <br />A. Termination of contract/agreement under the provisions outlined in <br />paragraphs 9 and 13. <br />B. Failure of Lawson to refund current, unused balance of advance <br />Payments as described in paragraphs 1 and 2. <br />C. The City will notify Lawson in writing at least 48 hours in advance <br />of its intention to access the line of credit. The City will <br />delineate the specific reasons for such action and Lawson will have <br />48 hours to respond with remedies agreeable to the City. <br />D. The balance available to the City in the line of credit will be <br />reduced as follows until the December 31, 1990, expiration date: <br />• The $6,000 Support Plus portion will be reduced by the fraction <br />of ten days. <br />• The $18,500 contract approval portion will be reduced by 10% of <br />each PHASES' total payment value as each phase is accepted. <br />3. Additional payments will be due and authorized for payment by lessor <br />Installation and acceptance in accordance with the following schedule: <br />INSTALL INSTALL INSTALLATION ACCEPTANCE ACCEPTANCE <br />PACKAGE 5 DATE PAYMENT DATE PAYMENT <br />PHASE I <br />(General Ledger, Accounts <br />Payable, Allocations) 2/01/89 $29,200 3/30/89 $36,500 <br />PHASE II <br />(Project/Cost Accounting) <br />3101/89 <br />2,000 <br />3/30/89 <br />21,500 <br />PHASE III <br />(Purchasing Management <br />and Inventory) <br />4/01/99 <br />17,200 <br />4/30/89 <br />21,500 <br />PHASE IV <br />(Accounts Receivable and <br />Fixed Assets) <br />5/01/89 <br />12,800 <br />5/31/89 <br />16,000 <br />PHASE V <br />(Personnel Management and <br />Position Control) <br />6/01/89 <br />12,800 <br />6/30/89 <br />16,000 <br />TOTAL <br />$74,000 <br />$92,500 <br />Page - 3 <br />W4AF"R1I TAKES, <br />