Agmt13 MuniServices, LLC - Laserfiche WebLink

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Article 4-Compensation A. Annual Fixed Fee 1. Total Annual Fixed Fee: The City's total annual fixed fee for participating in the Program shall be the greater of i) six-tenths of one percent(0.6%) of the total UUT revenues received by the City (excluding UUT revenues derived from sewer, water, trash or CATV) based on the prior fiscal year, or ii) fifteen thousand dollars ($15,000) ("Minimum Fee"). 2. Allocation of Annual Fee. The total annual fee payment shall be allocated and paid separately to Law Firm and MuniServices as follows: To MuniServices: City will pay MuniServices its allocated fee of sixth-tenths of one percent (0.6%) of the total annual UUT fee less the amount allocated and paid separately to Law Firm. To Law Firm: City will pay Law Firm its allocated fee of the greater of thirty-five percent (35%) of the total annual fixed fee or seven thousand five-hundred dollars ($7,500). At any time, Law Firm and MuniServices may, by mutual agreement, adjust their proportional share of said total annual fee, provided that such parties shall receive prior approval of such adjustment from the City. !f Law Firm provides UUT-related election work the total annual fixed fee payment shall be allocated and paid separately to Law Firm and MuniServices as follows: To MuniServices: City will pay MuniServices its allocated fee of sixth-tenths of one percent(0.6%) of the total annual UUT fee less the amount allocated and paid separately to Law Firm. To Law Firm: For the first year, Ciry will pay Law Firm its allocated fee of the greater of fifty percent (50a/o) of the total annual fixed fee or ten thousand do(lars ($10,000), as reflected in a separate attorney/client agreement with the City. Thereafter, City will pay Law Firm its allocated fee of the greater of thirty five percent (35%) of the total annual fixed fee or seven thousand five-hundred dollars ($7,500). At any time, Law Firm and MuniServices may, by mutual agreement, adjust their proportional share of said total annual fixed fee, provided that such parties shall receive prior approval ofsuch adjustmentfrom the City. 3. Ouarterlv Pavments of Fixed Fee: Said annual fixed fee shall be paid in four equal quarterly payments with due dates of: March 31, June 30, September 30, and December 31. Invoices for services rendered shall be in arrears (invoiced for the immediately preceding quarter). If the effective date of this Agreement is other than on an invoice date, the City shall be invoiced for the first quarterly payment on the immediately following invoice date as set forth herein. City shall be invoiced and responsible for a prorated portion of the preceding quarter based on the effective date of this Agreement. Payment will be made to MuniServices within thirty (30) days of receipt of MuniServices invoice therefore. Any amounts which remain unpaid after thirty (30) days shall accrue interest at a rate of one and one-half percent (1.5%) per month, or the maximum amount permitted by law. These quarterly payments are nonrefundable. B. Compensation for City-Specific Compliance Review Services 1. With the exception noted in subsection (2) below,with respect to a City-specific compliance review referred to in Article 2, Section B(1) above, MuniServices shall be entitled to contingent fee compensation where MuniServices'compliance review activities result in the ATTY/AGR/2013.094/MUNI SERVICES(UUT) REV:06-04-13 MLG Page 15 of 19