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12%,14 WO 11: <br />PAYMENT SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of Seventeen <br />Thousand Five Hundred ($ 17,500 ) for services to be performed and reimbursable costs <br />incurred pursuant to this Agreement. Contractor shall quarterly reports during the term of <br />this Agreement. The report shall contain a summary of expenditures and revenues <br />City shall make monthly payments for services satisfactorily performed. <br />The total sum stated above shall be the total which City shall pay for the services <br />to be rendered by Contractor pursuant to this Agreement. City shall not pay any additional sum <br />for any expense or cost whatsoever incurred by Contractor in rendering services pursuant to this <br />Agreement. <br />City shall make no payment for any extra, further or additional service pursuant to this <br />Agreement unless such extra service and the price therefor is agreed to in writing executed by the <br />City Manager or other designated official of City authorized to obligate City thereto prior to the <br />time such extra service is rendered and in no event shall such change order exceed twenty-five <br />(25%) of the initial contract price. <br />The services to be provided under this Agreement may be terminated without cause at any <br />point in time in the sole and exclusive discretion of City. In this event, City shall compensate the <br />Contractor for all outstanding costs incurred for work satisfactorily completed as of the date of <br />written notice thereof. Contractor shall maintain adequate logs and timesheets in order to verify <br />costs incurred to date. <br />Exhibit `B" Page 1 of 2 <br />6/12/95 - Word 6.0 <br />J:\WPD\FOFNS\AGRE\EXHIBITB.DOC <br />