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documentation. Upon verification of the data provided, the City will be authorized to <br /> deposit payments directly into Contractor's account(s) with financial institutions. <br /> 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 for a one (1) year term <br /> with the option for the City to grant a one�year extension, exercisable by a writing by the City <br /> Manager and the City Attorney, unless terminated earlier in accordance with Section 18, below. <br /> 4. PREVAILING WAGES <br /> Contractor is aware of the requirements of California Labor Code Section 1720, et seq., <br /> and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., <br /> ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the <br /> performance of other requirements on "public works" and "maintenance" projects. If the services <br /> being performed are part of an applicable "public works" or "maintenance" project, as defined by <br /> the Prevailing Wage Laws, and the total compensation is $1,000 or more, Contractor agrees to <br /> fully comply with such Prevailing Wage Laws. Contractor shall defend, indemnify and hold the <br /> City, its elected officials, officers, employees and agents free and harmless from any claim or <br /> liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. <br /> 5. INDEPENDENT CONTRACTOR <br /> Contractor shall, during the entire terra of this Agreement, be construed to be an <br /> independent contractor and not an employee of the City. This Agreement is not intended nor shall <br /> it be construed to create an employer-employee relationship, a joint venture relationship, or to <br /> allow the City to exercise discretion or control over the professional manner in which Contractor <br /> performs the services which are the subject matter of this Agreement; however, the services to be <br /> provided by Contractor shall be provided in a manner consistent with all applicable standards and <br /> regulations governing such services. Contractor shall pay all salaries and wages, employer's social <br /> security taxes, unemployment insurance and similar taxes relating to employees and shall be <br /> responsible for all applicable withholding taxes. <br /> G. 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 /> embodied in plans, specifications, studies, drawings, estimates, and other documents or works of <br /> authorship fixed in any tangible medium of expression, including but not limited to, physical <br /> drawings or data magnetically or otherwise recorded on computer diskettes, which are prepared or <br /> caused to be prepared by Contractor under this Agreement ("Documents & Data"). Contractor <br /> shall require all subcontractors to agree in writing that City is granted a non-exclusive and <br /> perpetual license for any Documents & Data the subcontractor prepares under this Agreement. <br /> Contractor represents and warrants that Contractor has the legal right to license any and all <br />