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<br />TERMS AND CONDITIONS OF AGREEMENT <br /> <br />1.0 AGREEMENT <br />1.1 TRC Lowney's services are defined by and limited to (1) those services (the "Work") described in the attached proposal, which is incorporated by this reference, <br />and (2) these Terms and Conditions of Agreement ("Terms and Conditions"). Together, the proposal and Terms and Conditions form our Agreement. This <br />Agreement represents the parties' entire agreement and supersedes all prior negotiations, representations, or agreements, either written or oral. The Agreement <br />can only be amended by a written instrument signed by both the Client and TRC Lowney. Failure to immediately enforce any provision in this Agreement shall <br />not constitute a waiver of the right to enforce that provision or any other provision. <br /> <br />2.0 MISCELLANEOUS CHARGES <br />2.1 Expenses and other similar project-related costs are billed at cost plus eighteen and one-half (18'12) percent. Reproduction charges will be billed at twenty-five <br />cents ($0.25) per page plus the technical assistant's time billed at their hourly rate. Fixed fee services will be performed for the agreed fixed fee sum. <br /> <br />3.0 TERMS OF PAYMENT <br />3.1 The Client's obligation to pay for the Work is in no way dependent upon the Client's ability to obtain financing or dependent upon the Client's successful <br />completion of the project. Payment for Work and expenses shall be due and payable upon receipt of TRC Lowney's statement. To be recognized, any dispute <br />over charges must be claimed in writing within thirty (30) days of the billing date. Disputes or questions about a statement shall not be cause for withholding <br />payment for remaining portions due. Amounts unpaid thirty (30) days after the issue date of TRC Lowney's statement shall be assessed a service charge of one <br />(1) percent per month on balances outstanding to compensate TRC Lowney for the cost and burden of administering the account and collecting fees owed. <br />Should any legal proceeding be commenced between the parties to this Agreement seeking to enforce any of its provisions, including, but not limited to, fee <br />provisions, the prevailing party in such a proceeding shall be entitled to, in addition to such other relief as may be granted, a reasonable sum for attorneys' fees <br />and other costs. For purposes of this provision, "prevailing party" shall include a party which dismisses an action for recovery hereunder in exchange for <br />payment of the sum allegedly due, performance of covenants allegedly breached, or consideration substantially equal to the relief sought in the action or <br />proceeding. <br />3.2 TRC Lowney may at its option withhold delivery of documents and other data pending receipt of payment for all Work rendered and shall have no liability to the <br />Client for delay or damage caused because of such withholding. <br />3.3 TRC Lowney reserves the right to suspend services should payment not be received within 60 days of the date of the invoice following performance of services <br />described in this Agreement and on invoice. <br />3.4 No deduction shall be made from TRC Lowney's, its consultants' or its subcontractors' compensation due to penalty, liquidated damages, or other sums withheld <br />from payments to contractors, or due to the cost of changes in the Work other than those for which TRC Lowney or its consultants has been adjudged to be <br />liable. <br /> <br />4.0 INSURANCE <br />4.1 TRC Lowney, its officers, employees, and agents (hereafter referred to as TRC Lowney) are protected by Worker's Compensation Insurance (and/or Employer's <br />Liability Insurance), by Commercial General Liability Insurance for bodily injury and property damage, and by Professional Liability Insurance (including <br />Contractor's Pollution Liability Insurance), and will furnish certificates thereof upon request. Client specifically agrees that TRC Lowney will not be responsible for <br />property damage from any cause, including fire and explosion, beyond the amounts actually paid by TRC Lowney's insurance carriers under TRC Lowney's <br />available insurance. <br /> <br />5.0 LIMITATIONS <br />5.1 Client recognizes the inherent risks connected with construction activities, geotechnical investigations, environmental investigations, and assessments. Client also <br />recognizes that actual conditions at the site may vary from those observed by TRC Lowney when performing the Work. Client specifically acknowledges and <br />agrees that the interpretations and recommendations of TRC Lowney are based on information actually reviewed and conditions actualiy observed by TRC <br />Lowney. TRC Lowney shall not be responsible for the validity or accuracy of data collected by others or interpretations made by others. <br />5.2 The Client agrees to defend and indemnify TRC Lowney and its employees, consultants and subcontractors from any and all claims, damages, costs, and losses <br />(included attorneys' fees and costs) arising out of or in any way related to the Work or the performance or non-performance of obligations under this Agreement <br />except when the Claim arises from the established sole negligence of TRC Lowney and its employees, consultants and subcontractors or where the Claim arises <br />from the willful, wanton, or reckless conduct of Lowney and its employees, consultants and subcontractors. <br />5.3 In performing its professional services, TRC Lowney will strive to use that degree of care and skill ordinarily exercised, under similar circumstances, by members <br />of its profession practicing in the same or similar locality and under the same standard of care. TRC Lowney's good faith reliance on representations of building, <br />planning, regulatory or other publiC officials shall satisfy and fall within the standard of care. No warranty, expressed or implied, is made or intended by TRC <br />Lowney by the proposal for consulting services, the contract between TRC Lowney and Client, or by furnishing oral or written reports of the findings made to the <br />Client or any other person. <br />5.4 This paragraph limits TRC Lowney's liability-READ IT CAREFULLY. The Client understands and acknowledges that the Work poses certain risks to both TRC <br />Lowney and the Client. Client further acknowledges and agrees that the amount of risk that TRC Lowney accepts by this Agreement is commensurate with the <br />amount of compensation received under this Agreement for the Work. TRC Lowney's fee for the Work is based on and reflects Client's agreement to limit TRC <br />Lowney's liability as described below. Client specifically acknowledges and agrees that but for this promise to limit TRC Lowney's liability, TRC Lowney's fee <br />would be significantly higher to accommodate TRC Lowney for the risks posed by the Work and entering this Agreement. Client acknowledges its right to discuss <br />this provision with legal counsel and negotiate with TRC Lowney regarding this provision and the proposed fee. In reliance on the foregoing and in consideration <br />for the fee proposed, Client specifically acknowledges and agrees that, to the fullest extent permitted by law, TRC Lowney's total liability for any and all injuries, <br />claims, liabilities, losses, costs, expenses, or damages whatsoever including, without limitation, attorneys' fees and legal costs (hereinafter "Claims") to Client <br />and any third party arising out of or in any way related to the Work or this Agreement from any cause or causes including, but not limited to, TRC Lowney's <br />negligence, errors, omissions, or breach of contract or any duty, is limited to and shall not exceed $50,000 or the amount of TRC Lowney's fee, whichever is <br />greater (Option 1) except when the Claim arises from the sole negligence of TRC Lowney or where the Claim arises from the willful, wanton, or reckless conduct <br />of TRC Lowney. In consideration of an additional fee of four (4) percent of TRC Lowney's total Work fee or $400, whichever is greater, TRC Lowney will raise the <br />limitation of liability up to the amount actually paid by TRC Lowney's insurance carriers for the Claims under TRC Lowney's available insurance coverage <br />(Limitation Increase) if and only if Client makes its written request for the Limitation Increase before the commencement of the Work and Client and TRC Lowney <br />each initial and date this paragraph 5.4 below (Option 2) except when the Claim arises from the sole negligence of TRC Lowney or where the Claim arises from <br />the willful, wanton, or reckless conduct of Lowney. <br /> <br />LIMITATION INCREASE: AGREED THAT LIMITATION OF LIABILITY INCREASED TO ACTUAL AMOUNT OF PROCEEDS PAID BY TRC LOWNEY'S INSURANCE <br />CARRIERS IN EXCHANGE FOR ADDITIONAL FEE OF FOUR (4) PERCENT OF TOTAL SERVICE CHARGE OR $400, WHICHEVER IS GREATER. <br /> <br />Client Initial <br /> <br />Date <br /> <br />TRC Lowney Initial <br /> <br />Date <br /> <br />5.5 Client agrees on its behalf and on behalf of Client's officers, directors, partners, principals, agents, employees, successors, representatives, and assignees <br />(collectively referred to as "Client Group") that in no event shall any action or proceeding be brought against TRC Lowney by Client or Client Group for any claim <br />or cause of action arising from or in any way related to the Work or this agreement unless such action or proceeding is commenced within three (3) years from <br />the Date of Completion of Work provided by TRC Lowney under this Agreement. Client and Client Group agree and acknowledge that the limitations period set <br />forth herein supersedes, replaces, and supplants any and all limitation periods which would otherwise apply including, but not limited to, those appearing in the <br />California Code of Civii Procedure. The Date of Completion shall be the date of the final invoice for the Work performed under this Agreement. <br />5.6 If Client requests that TRC Lowney's work product be relied upon by a third party, including, but not limited to, a lender, Client specifically agrees to provide the <br />third party with a copy of these terms and conditions and Client agrees to require said third party to agree to limit TRC Lowney's total liability to Client and any <br />third party as described in paragraph 5.4 above, and Client agrees to defend and indemnify TRC Lowney and its employees, consultants and subcontractors from <br />any and all third party claims, damages, costs, and losses arising out of or in any way related to the Work or the performance or non-performance of obligations <br />under this Agreement except when the Claim arises from the sole negligence of TRC Lowney and its employees, consultants and subcontractors or where the <br />Claim arises from the willful, wanton, or reckless conduct of TRC Lowney. Any third party which accepts TRC Lowney's work product does so under the strict <br />understanding that the third party is bound by all provisions in these Terms and Conditions including, but not limited to, the provisions of paragraphs 5.4 and <br />5.5, above, and this paragraph 5.6. Every report, recommendation, finding, or conclusion issued by TRC Lowney shall be subject to the limitations stated <br />therein. <br />5.7 TRC Lowney and Client waive consequential damages for claims, disputes, or other matters in question arising out of or relating to this Agreement. This mutual <br />waiver is applicable, without limitations, to all consequential damages due to either party's termination. <br />