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Page 3 of 4 <br />Payment Schedule <br />The total investment of $22,500 (not including additional maintenance & support) represents the investment <br />necessary for research, design, documentation, development, testing and delivery of the aforementioned software <br />and services. The following table outlines the prescribed payment milestones for the investment schedule items. <br />1 50% of total license due upon execution $8,750 <br />2 50 % of total license due upon installation within production environment $8,750 <br />3 Services are billed monthly as they are completed. $5,000 <br />4 100% Additional Annual Support & Maintenance due upon production go live $3,300 <br />(pro -rated in 16r year) <br />Assumptions <br />1. The Customer will assign a Project Manager /Sponsor to serve as the single point of contact for System <br />Innovators who has the authority to act for the Customer in all aspects of this project. <br />2. The Customer or agent of Customer will ensure the availability of the necessary subject matter experts to <br />support the SI Consultant with research and design of the software requirements for System Innovators, <br />3. The Customer will assist Systems Innovator Consultant and Project Manager with testing of the Image Cash <br />Letter functionality. <br />-)ystem innovators <br />800,963.5000 • Fax: 904.281,0075 <br />25G -9 <br />10550 beerwood Park Blvd., Suite 700 <br />Jacksonville, FL 32256 <br />