Resolution 2008-38 - Laserfiche WebLink

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Tracking #08-36895 TERM 6. This License steal{ commence an the Effective Date and shall continue far a period of twenty-five (25} years, subject to prior termination as hereinafter described. CtJ_ MPEP1SATlt?hl 7. (ay ,Licensee shall pay Licensor, prior tv the Effective Date, the sum of Twa Thousand Five Hundred and Na/104 Dollars ($2,SOq.00) as compensation for the use of the Premises. {b} Licensee agrees to reimburse Licensor (within thirty (34} days after receipt of hilts therefor) for ail costs and expenses incurred by Licensor in cannectlon with Licensee's use of the Premises or the presence, construction and maintenance of the PtPEL1NE, including tiut not limited to the furnishing of Licensoe's flaggers and any vehicle rental costs incurred. The cost of flogger services provided by Licensor, when deemed necessary by Licensee's representative, wip be borne by Licensee. The estimated cost for one (1}fiagger is $640.40 for an eight (8) hour basic day with time and one-half or double time for overtime, rest days and holidays. The estimated cost for each fiagger includes vacation allowance, paid holidays, Licensor and unemployment insurance, public liability .and property damage insurance, health end welfare benefits, transportation, meals, lodging and supervision. Negotiations for Licensor labor or collective bargaining agreements and rate changes authorized by appropriate Federal authorities may increase actual or estimated .flagging rates. The flagging rate in effect at the time of performance by .the. flaggers will be :used to calculate the actual casts of flagging pursuant to this paragraph. {c) Ali invoices are due thirty (30) days after the dale of invoice. In the-event that Licensee shall -fait to pay .any monies due to Licensor within thirty (30) days after the invoice date, then Licensee shalt pay interest on such unpaid sum from thirty (34} days after its invoice date to the date of payment by Licensee at an annual rate equal #o (i) the greater of (a) for the period January 1 through June 30, the .prime rate last published in 7"he Walt Street Jouma/ in the preceding December plus two and one-half pert;ent (2 1/2%}, and for the period July 1 through December 31, the prime rate cast published in The Wall Sfraet Journal in the preceding June plus two and one-half percent (2 1.12°~), or (b} twelve percent (12%), yr (ii) the maximum rate permitted by law, whichever is less. COMPLIANCE WITH LAWS 8. (a) Licensee shah observe and comply with any and all laws, statutes, regulations, ordinances, orders, covenants, restrictions, or decisions of any court of competent jurisdiction ("Legal Requirements"} relating to the construction, maintenance, and use of-the. PIPELINE and the use of the Premises. (b) Prior ta. entering. the Premises, Licensee shall and shall cause its contractor to comply with all Licensoe's applicable safety rules and regulations. Prier to commencing any work on the Premises, Licensee shall complete and shall require 'its contractor to complete the safety-training program at the #oilowing ~arnt 4~d; Rev. WZ6/05 -2-