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2. COMPENSATION <br />2.1 CITY agrees to pay, and CONTRACTOR agrees to accept as total payment for <br />its services, the rates and charges identified in Exhibit "A". The total sum to be expended under <br />this Agreement shall not exceed $25,000.00 during the term of this Agreement (inclusive of <br />additional approved services/ expenses/costs). Payment by CITY shall be made within thirty <br />(30) days following receipt of proper invoice evidencing work performed, subject to CITY <br />accounting procedures. Payment need not be made for work which fails to meet the standards <br />of performance set forth in the Recitals which may reasonably be expected by CITY. <br />2.2 Except as expressly provided in Exhibit "A" of this Agreement, CONTRACTOR <br />shall not be entitled to nor receive from CITY any additional consideration, compensation, <br />salary, wages, or other type of remuneration for services rendered under this Agreement. <br />Specifically, CONTRACTOR shall not be entitled by virtue of this Agreement to consideration in <br />the form of overtime, health insurance benefits, retirement benefits, disability retirement <br />benefits, sick leave, vacation time, paid holidays or other paid leaves of absence of any type or <br />kind whatsoever. <br />2.3 CITY will not withhold any Federal or State income taxes or Social Security tax <br />from any payments made by CITY to CONTRACTOR under the terms and conditions of this <br />Agreement. Payment of all taxes and other assessments on such sums is the sole <br />responsibility of CONTRACTOR. CITY has no responsibility or liability for payment of <br />CONTRACTOR'S taxes or assessments. <br />2.4 Pursuant to Penal Code section 484b and to Business and Professions Code <br />section 7108.5, the CONTRACTOR must apply all funds and progress payments received by <br />the CONTRACTOR from the CITY for payment of services, labor, materials or equipment to pay <br />for such services, labor, materials or equipment. Pursuant to California Civil Code section 1479, <br />the CONTRACTOR shall direct or otherwise manifest the CONTRACTOR'S intention and desire <br />that payments made by the CONTRACTOR to subcontractors, suppliers and materialmen shall <br />be applied to retire and extinguish the debts or obligations resulting from the performance of this <br />Agreement. <br />3. TERM <br />This Agreement shall commence on the date first written above and shall expire <br />December 31, 2017. This Agreement shall terminate automatically on the occurrence of (a) <br />bankruptcy or insolvency of either party, (b) sale of CONTRACTOR'S business, (c) cancellation <br />of insurance required under the terms of this Agreement, and (d) if, for any reason, <br />CONTRACTOR ceases to be licensed or otherwise authorized to do business in the State of <br />California (as applicable), and the CONTRACTOR fails to remedy such defect or defects within <br />(30) days of the receipt of notice of such defect or defects, unless terminated earlier in <br />accordance with Section 29, below. <br />4. REQUIRED LICENSES, CERTIFICATES AND PERMITS <br />(a) Any licenses, certificates or permits required by the federal, state, county or <br />municipal governments for CONTRACTOR to provide the services and work described <br />in Exhibit "A" shall be procured by CONTRACTOR, or as applicable, by <br />CONTRACTOR'S agents, subcontractors, materialmen, or other independent <br />contractors and be valid at the time CONTRACTOR enters into this Agreement. Further, <br />VA <br />