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<br />. .' <br /> <br />" <br /> <br />. <br /> <br />. <br /> <br />Iteris, Inc. <br />Anaheim, California 92802 <br /> <br />Enclosure to <br />0lLTROl86 <br />Page 2 <br /> <br />II. PERIOD OF PERFORMANCE <br /> <br />The Period of Performance for the effort specified in Part I above shall be from <br />approximately October I, 2001 through September 30, 2002. <br /> <br />III. DELIVERYIFULFILLMENT OF OBLIGATION <br /> <br />Fulfillment of Iteris's obligation shall be by expenditure of dollars as recorded in <br />lteris's approved accounting system. <br /> <br />IV. TYPE OF CONTRACT <br /> <br />For the effort described herein, Iteris will accept a Firm Fixed Price Labor Hour <br />Plus Expenses Agreement incorporating Parts I through N above and the <br />following: <br /> <br />A, TERMS AND CONDITIONS <br /> <br />Iteris reserves the right to review and negotiate terms and conditions not <br />contained herein. <br /> <br />B. PAYMENT <br /> <br />Invoices shall be approved by an lteris accounting supervisor and <br />submitted on a monthly basis. Invoice amounts shall be based Upon <br />recorded hours and expenses as stated in Iteris's approved accounting <br />system. Expenses shall be in voiced at !teris costs plus 10% handling. <br /> <br />V. GENERAL <br /> <br />A. This proposal shall be valid through October 15,200]. <br /> <br />B. Conditions and Assumptions <br /> <br />The Fixed Price Labor Hour rate of$125.00/hour is valid for the specified <br />Period of Performance only. <br /> <br />C. Authorized representative/negotiator for this proposal is: <br /> <br />Mark Nuaimi <br />Western Region Vice President <br />(714) 780-7267 <br /> <br />