Agmt09 Maximus Consulting Services, Inc

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EXHIBIT B Compensation Option 1: One Year For services provided as set forth in Exhibit A, Client agrees to pay Consultant compensation in the amount of nine thousand one hundred dollars ($9,1 00). Option 2: Two Years For services provided as set forth in Exhibit A, Client agrees to pay Consultant compensation in the amount of nine thousand one hundred dollars ($9,1 00) for FY 09-10 and nine thousand three hundred dollars ($9,300) for FY 10-11. Option 3: Everareen For services provided as set forth in Exhibit A, Client agrees to pay Consultant compensation in the amount of nine thousand one hundred dollars ($9,100) for FY 09-10 which shall be increased by two and a half percent (2.5%)) of the annual fee each fiscal year thereafter until this Agreement is terminated. If there should be more than five (5) new claims released in any fiscal year, MAXIMUS reserves the right to renegotiate the contract price with Client approval. The above stated fee shall be paid in three installments: Forty percent (400,lo) of the annual fee shall be due and payable on September 30; Forty percent (40%) shall be due and payable on December 31; and the remaining twenty percent (200,lo) shall be due and payable on May 31 . Consultant will render to Client one or more invoices for the fees specified herein, with payment due by thirty (30) days after the due date. Invoices sixty (60) days after the due dates specified herein will bear interest at the rate of 1% per month. Waiver of Submission of Claim{s). Notwithstanding any other provisions of this Agreement, the submission of claims may be waived as set forth below. Upon waiver exercised by either party, Client shall pay Consultant for all work performed up to and until the effective date of waiver in an amount not to exceed the maximum dollar amount indicated above and on the payment schedule as indicated below: Effective date of waiver prior to: November 1 March 1 July 1 Percentage of fee due: 600/0 900/0 1000/0 A. At Client's Option. At the sole discretion of Client, Client may instruct Consultant to not file a specific claim or claims. Such instruction must be in writing and provided to Consultant at least thirty (30) days prior to the due date of the claim. The effective date of City's waiver shall be the date Consultant receives City's written instruction. B. At Consultant's Option. At the sole discretion of Consultant, Consultant may notify Client of its intention to not pursue a specific claim and the reasons therefor. Such notification must be in writing and provided to Client not less than thirty (30) days prior to the Agreement under $1 OK City Attorney Approved Version 111803 6