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2. COMPENSATION <br />a. City agrees to pay, and Contractor agrees to accept as total payment for its services <br />and equipment, the rates and charges identified in Exhibit A, The total sum to be expended under <br />this Agreement shall not exceed Sixty -Seven Thousand Dollars ($67,000.00). This amount <br />includes charges for the other Events approved and processed by City. <br />b. Payment shall be made within thirty (30) days following receipt of proper invoice <br />evidencing work performed, subject to accounting procedures. Payment need not be made for <br />work which fails to meet the standards of performance set forth in the Recitals which may be <br />expected by the City. <br />3. TERM <br />This Agreement shall commence on September 1, 2015 and terminate on June 30, 2016, <br />unless terminated earlier in accordance with Section 12, below. The term of this Agreement may <br />be extended upon a writing executed by the City Manager and the City Attorney. <br />4. INDEPENDENT CONTRACTOR <br />Contractor shall, during the entire term of this Agreement, be construed to be an <br />independent contractor and not an employee of the City. This Agreement is not intended nor <br />shall it be construed to create an employer - employee relationship, a joint venture relationship, or <br />to allow the City to exercise discretion or control over the professional manner in which <br />Contractor performs the services which are the subject matter of this Agreement; however, the <br />services to be provided by Contractor shall be provided in a manner consistent with all <br />applicable standards and regulations governing such services, Contractor shall pay all salaries and <br />wages, employer's social security taxes, unemployment insurance and similar taxes relating to <br />employees and shall be responsible for all applicable withholding taxes. <br />S. INSURANCE <br />Prior to undertaking perfonnaice of work under this Agreement, Contractor shall <br />maintain and shall require its subcontractors, if any, to obtain and maintain insurance as <br />described below: <br />a. Commercial General Liability Insurance, Contractor shall maintain commercial <br />general liability insurance naming the City, its officers, employees, agents, volunteers and <br />representatives as additional insured(s) and shall include, but not be limited to protection against <br />claims wising from bodily and personal injury, including death resulting therefrom and damage <br />to property, resulting from any act or occurrence arising out of Contractor's operations in the <br />performance of this Agreement, including, without limitation, acts involving vehicles. The <br />amounts of insurance shall be not less than the following: single limit coverage applying to <br />bodily and personal injury, including death resulting therefrom, and property damage, in the total <br />amount of $1,000,000 per occurrence, and $2,000,000 in the aggregate. Such insurance shall (a) <br />name the City, its officers, employees, agents, volunteers and representatives as additional <br />Page 2 of 7 <br />25A -4 <br />