Agmt15 Value Management Strategies, Inc.

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and City may coilect these payments from Consuitant or deduct the amount paid from any sums due Consuitant under this Agreement. 11.5 Submission of Insurance Policies. City resenres the right to require, at any time, complete copies of any or all required insurance policies and endorsements. 12. Business License. Consultant will obtain and maintain a City of Redwood City Business License for the term of the Agreement, as may be amended from time-to-time. 13. Maintenance of Records. Consultant will maintain complete and accurate records with respect to costs incurred under this Agreement. All records will be clearly identifiable. Consultant will allow a representative of City during normal business hours to examine, audit, and make transcripts or copies of records and any other documents created pursuant to this Agreement. Consultant will allow inspection of all work, data, documents, proceedings, and activities related to the Agreement for a period of three (3)years from the date of final payment under this Agreement. 14. Ownership of Documents. All work product produced by Consuttant or its agents, employees, and subcontractors pursuant to this Agreement is the property of City. In the event this Agreement is terminated, all work product produced by Consultant or its agents, employees and subcontractors pursuant to this Agreement will be delivered to City pursuant to the termination clause of this Agreement. Consultant will have the right to make one (1) copy of the work product for Consultant's records. 15. Coqvriqhts. Consultant agrees that all copyrights that arise from the Services will be vested in City and Consultant relinquishes all claims to the copyrights in favor of City. 16. Notices. The name of the persons who are authorized to give written notices or to receive written notice on behalf of City and on behalf of Consultant under this Agreement. For Ci : For Consultant: City of Redwood City Value Management Services, Inc. Attention: City Manager Cheryl M. Kramer 1017 Middlefield Road Director Business Management Redwood City, CA 94063 9Q0 Canterbury Place, Suite 330 (650) 780-7000 Escondido, CA 92025 (760) 741-5518 Except as otherwise stated, all notices to be provided or that may be provided under this Agreement must be in writing and delivered by regular and certified mail. Each party will notify the other immediately of any changes of address that would require any notice or delivery to be directed to another address. REV:04-15-15 VR Page 5 of 15 ATTY/AGR.2015.065Nalue Management Strategies, Inc.