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28. Compliance. Supplier and its employees and agents will comply with all laws, ordinances, codes, <br /> rules, regulations, and licensing requirements that are applicable to the conduct of its business, including <br /> those of federal, state, and local agencies having jurisdiction and/or authority, as well as applicable <br /> University policies. <br /> 29. Pricing and Annual Price Negotiations. The contract item pricing as set forth in the RFP Pricing <br /> Worksheet incorporated herein shall remain firm for the first year of the Agreement. In advance of each <br /> contract year anniversary, price adjustments shall not exceed the lesser of three percent (3%) or the <br /> percentage increase in the Consumer Price Index for all Urban Consumers (CPI-U), U.S. City Average, All <br /> Items, Unadjusted, for the most recent twelve months for which data that is not subject to revision is <br /> available as published by the U.S. Department of Labor, Bureau of Labor Statistics.Any contract item price <br /> adjustments will be made to the then-current pricing in effect prior to the adjustment. Non-contract pricing <br /> is subject to adjustment by Supplier as described in the RFP Pricing Worksheet. Supplier shall provide at <br /> least thirty(30) days'written notice to University prior to the effective date of any increase. <br /> 30. Severability.The terms of the Agreement are severable. If any term or provision is declared by a <br /> court of competent jurisdiction to be illegal, void, or unenforceable the remainder of the provisions shall <br /> continue to be valid and enforceable. <br /> 31. Survival. Provisions surviving termination or expiration of this Agreement are those which on their <br /> face affect rights and obligations after termination or expiration and also include provisions concerning <br /> indemnification, confidentiality, representations and warranties, and governing law and venue. <br /> 32. Waiver. A waiver of any term or provision of this Agreement by University shall not be deemed to <br /> be a waiver of such provision on any subsequent breach of the same or any other provision contained in <br /> this Agreement. Any such waiver must be in writing to be effective, and no such waiver or waivers shall <br /> serve to establish a course of performance between the parties contradictory to the terms hereof. <br /> 33. Notices.Any notice required or permitted to be given under this Agreement shall be in writing, sent <br /> via certified mail, overnight courier, or hand delivery, effective when received, and delivered to the <br /> addresses provided on the signature page of this Agreement. <br /> 34. Electronic Signatures. Each party agrees that this Agreement and any other documents to be <br /> delivered in connection herewith may be electronically signed, and that any electronic signatures appearing <br /> on this Agreement or such other documents are the same as handwritten signatures for the purposes of <br /> validity, enforceability, and admissibility. <br /> 35. Subcontractors. Supplier shall not subcontract all or substantially all of any facet of the services <br /> without the prior written approval of University. Supplier shall be fully responsible for the acts and omissions <br /> of its subcontractors and of the persons directly or indirectly employed by them. Every subcontractor shall <br /> be bound by the terms of this Agreement; provided, however, that no contractual relationship shall exist <br /> between any subcontractor and University, unless evidenced in a separate contract independent of this <br /> Agreement with Supplier. <br /> 36. Unavailability of Funding. Due to possible future reductions in State and/or Federal funds, <br /> University cannot guarantee the continued availability of funding of this Agreement notwithstanding the <br /> consideration contained within this Agreement. In the event funds to finance this Agreement become <br /> unavailable, either in full or in part, due to such reductions, University may terminate the Agreement or <br /> reduce the consideration upon notice in writing to Supplier. Said notice shall be delivered by certified mail <br /> (return receipt requested) or in person (with proof of delivery). University shall be the final authority as to <br /> the availability of funds. The effective date of such Agreement, termination, or reduction in consideration <br /> shall be the actual effective date of the elimination or reduction of funding. In the event of a reduction in <br /> consideration, Supplier may cancel this Agreement as of the effective date of the proposed reduction upon <br /> the provision of advance written notice to University. Supplier shall be entitled to receive just and equitable <br /> 100056454.DOCX;s} Page 8 <br /> Title:Master Agreement-Expenditure <br /> Revised:220727 <br /> Effective:220804 <br /> City Council 11 — 31 3/3/2026 <br />