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0 -c -iI <br />(e) In the event of termination for default, the DEVELOPER shall be paid its <br />compensation for Services performed to the date of termination, services of professional <br />consultants then due and all termination expenses, less such costs and expenses as <br />City and Agency may incur on account of the Developer's failure to perform. If the costs <br />and expenses of the City and Agency exceed the amount otherwise due to Developer, <br />Developer shall pay the difference to City and Agency within ten days of a written <br />request. <br />11. RECORDS Until the Work is finally accepted by the City and Agency, the <br />Developer and all consultants shall maintain proper and detailed books of record and <br />account for the Services and all costs related thereto. The Developer covenants that such <br />accounting books will be maintained in accordance with generally accepted accounting <br />principles, Developer shall permit CITY, Agency and their authorized representatives to <br />inspect and examine Developer's books, records, accounts, and any and all data <br />relevant to this Contract at any reasonable time for the purpose of auditing and verifying <br />statements, invoices, or bills submitted by Developer pursuant to this contract and shall <br />provide such assistance as may be reasonably required in the course of such <br />inspection. CITY and Agency further reserve the right to examine and re- examine said <br />books, records, accounts, and data during the three (3) year period following the <br />termination of this Contract; and Developer shall in no event dispose of, destroy, alter, <br />or mutilate said books, records, accounts, and data in any manner whatever for three <br />(3) years after the termination of this Contract. Pursuant to California Government <br />Code Section 8546.7 the parties to this Contract shall be subject to the examination and <br />audit of representative of the Auditor General of the State of .California for a period of <br />three (3) years after final payment under.the contract. The examination and audit shall <br />be confined to those matters connected with the performance of this contract including, <br />but not limited to, the cost of administering the contract. <br />12. HOLD HARMLESS Developer hereby agrees to defend, indemnify, and <br />save harmless City, its Council, the Agency, their boards, commissioners, officers, <br />employees and agents, from and against any and all claims, suits, actions, liability, loss, <br />damage, expense, cost (including, without limitation, costs and fees of litigation) of <br />every nature, kind or description, which may be brought against, or suffered or <br />F:Atty /Agr /Agr.119 <br />050803 8 <br />