Agmt10 Redwood City International Inc.

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WHEREAS, the use of tax increment funds from the Redwood City Project Area for the RCILLF will assist in the elimination of blight and is consistent with the implementation plan adopted for the Redwood City Project Area. NOW, THEREFORE, in consideration of these recitals and the mutual covenants contained herein, the Parties agree as follows: 1. Scope of Work. Agency retains Grantee to perform, and Grantee agrees to render, those services (the "Services ") that are defined in attached Exhibit "A," which is incorporated by this reference in accordance with this Agreement's terms and conditions. 2. Standard of Performance. While performing the Services, Grantee will exercise the reasonable professional care and skill customarily exercised by reputable members of Grantee's profession practicing in the Metropolitan Northern California Area, and will use reasonable diligence and best judgment while exercising its professional skill and expertise. 3. Term. Unless earlier terminated, the term of this Agreement will commence upon the date first above written and shall expire upon completion of performance of Services hereunder by Grantee. 4. Schedule. Grantee will generally adhere to the schedule set forth in Exhibit "A" hereof, attached hereto and by this reference incorporated herein; provided, that Agency will grant reasonable extensions of time for the performance of such services occasioned by unusually lengthy governmental reviews of Grantee's work product or other unavoidable delays occasioned by circumstances; provided, further, that such unavoidable delay will not include strikes, lockouts, work stoppages, or other labor disturbances conducted by, or on behalf of, Grantee's officers or employees. Grantee acknowledges the importance to Agency of Agency's project schedule and agrees to put forth its best professional efforts to perform the Services under this Agreement in a manner consistent with that schedule. Agency understands, however, that Grantee's performance must be governed by sound practices. 5. Time is of the Essence. Time is of the essence for each and every provision of this Agreement. 6. Compensation. The Agency agrees to pay a total sum of twenty thousand dollars ($20,000) to the Redwood City International, Inc. for the services and products specified in Exhibit "A" upon execution of this Agreement. In addition, the Agency will directly pay businesses and City services up to $6,000 for items including banner installation /removal, printing, postage, and advertisements. No other compensation for the Services will be allowed except for items covered by subsequent amendments to this Agreement. ATTY/AGR/201 0.1 17 2 10/12/10