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2. COMPENSATION <br /> a. City agrees to pay, and OCFA agrees to accept as total payment for its services for City, <br /> the rates and charges identified in Exhibit A. The total amount to be expended during <br /> the term of this Agreement shall not exceed Thirty Thousand Dollars and 00/100 <br /> ($30,000). <br /> b. City and OCFA recognize that all costs and services in Exhibit A will be filled out and <br /> completed by OCFA after the Event once all services and costs are assessed, A <br /> completed version of Exhibit A, detailing all costs, will be provided by OCFA to the <br /> City within thirty(30) days of the completion of services provided for the Event. Any <br /> costs above and beyond the total compensation amount provided in Section 2.a,above, <br /> are subject to an amendment to be approved and executed by the City and OCFA. <br /> c. Payment by City shall be made within forty-five (45) days following receipt of proper <br /> invoice evidencing work performed, subject to City accounting procedures. City and <br /> OCFA agree that all payments due and owing under this .Agreement shall be made <br /> through Automated Clearing House (ACH) transfers. OCFA agrees to execute the <br /> City's standard ACH Vendor Payment Authorization and provide required <br /> documentation. Upon verification of the data provided, the City will be authorized to <br /> deposit payments directly into OCFA's account(s) with financial institutions. <br /> d. Payment need not be made for work which fails to meet the standards of performance <br /> set forth in the Recitals which may reasonably be expected by City. <br /> 3. TERM <br /> This Agreement shall commence on the date first written above and continue through <br /> September 30, 2026, unless terminated earlier in accordance with Section 15, below. <br /> 4. INDEPENDENT CONTRACTOR <br /> OCFA shall, during the entire term of this Agreement, be construed to be an independent <br /> OCFA and not an employee of the City. This Agreement is not intended nor shall it be construed <br /> to create an employer-employee relationship, a joint venture relationship, or to allow the City to <br /> exercise discretion or control over the professional manner in which OCFA performs the services <br /> which are the subject matter of this Agreement; however, the services to be provided by OCFA <br /> shall be provided in a manner consistent with ail applicable standards and regulations governing <br /> such. services. OCFA shall pay all salaries and wages, employer's social security taxes, <br /> unemployment insurance and similar taxes relating to employees and shall be responsible for all <br /> applicable withholding taxes. <br /> S. OWNERSHIP OF MATERIALS <br /> This Agreement creates a non-exclusive and perpetual license for City to copy, use, <br /> modify, reuse, or sublicense any and all copyrights, designs, and other intellectual property <br /> Page 2 of 7 <br /> #2098312v2 <br />