HomeMy WebLinkAboutattachmentBATTACHMENT B — COMPENSATION
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As full compensation to Provider for the Services rendered hereunder,
e eCity
remitted toy
Provider an annual fee of 10 6 250, of which one-fourth, �-�— � shall be -
Provider on a quarterly basis. In the event that the City i rcises its option fee for the to end thi'l
Agreement as provided in Section 3 of this Agreement, t
e na
year(s) shall be $106,250. _
It is the intent of both parties to this Agre
ement that the annual fee is the sole
remuneration to the Provider relating to the Servicesdescribed �5 tta efltA.
Provider is to disclose any remuneration receivedsuwholesalers, ance
intermediaries, affiliated companies and subsidiary companies regarding
coverages specified in Attachment E, or any additional coverage subsequently bound
an
behalf
P
bof the City by Provider during the terms and extended term of this Agreement,
all such remuneration will be credited against the annual fee.
Charges for any
additional Services not covered in this Agreement will be negotiated in advance and may require approval by the City Manager and/or City Commission.
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