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<br />Cork Marcheschi <br />Fabrication & Installation Agreement <br />Page 5 of5 <br /> <br />2. Payment: Upon issuance of the Letter of Acceptance of the Artwork and the <br />receipt of an acceptable invoice approyed by RDA, the Fifth and Final Payment <br />of $11 ,200.00, which represents the total retention amount, will be disbursed. <br /> <br />The total of all Interim and Final Payments is $112,000.00. <br /> <br />Summary Table of Milestone Steps, Due Dates, and Interim Milestone Payments <br /> <br />1 Step October 1 , 2006 NOTICE TO PROCEED 15% $16,800 <br /> One Fabrication Initiation <br />2 Step Noyember 1, DOCUMENTATION 15% $16,800 <br /> Two 2006 Structural Seal Submittal; <br /> Installation Plan; <br /> Electrical Plan Submittal; <br />3 Step Noyember, 2006 FEASIBILITY CHECK 0 <br /> Three (Date TBD) <br />4 Step December 1 , PROGRESS VISIT- 30% $33,600 <br /> Four 2006 50% Fabrication <br />5 Step January 1 , 2006 COMPLETE FABRICATION 0 <br /> Fiye <br />6 Step February 1,2006 COMPLETE 30% $33,600 <br /> Six INSTALLATION <br />7 Step March 1, 2006 RETAINER 10% $11,200 <br /> Seyen Maintenance Plan <br /> Total $112,000 <br /> <br />CONFORMED <br />