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85 E. SEVENTH PLACE, SUITE 100 SAINT PAUL, MN 55101-2143 612-223-3000 FAX: 612-223-3002 SPRINGSTED Public Finance Advisors AGREEMENT FOR CONTINUING DISCLOSURE AND/OR ARBITRAGE AND REBATE MONITORING THIS AGREEMENT is made as of the day of , 199 , by and between the City of Lino Lakes, Minnesota, ("Client") and Springsted Incorporated ("Advisor"). WHEREAS, the Client wishes to retain the services of the Advisor on the terms and conditions set forth herein, and the Advisor wishes to provide such services: NOW, THEREFORE, the parties hereto agree as follows: 1. Services. Advisor shall provide financial advisory services to the Client with respect to continuing disclosure and/or arbitrage rebate monitoring services as identified in the Addendum(s) attached hereto. 2. Compensation. The Client shall compensate the Advisor in the amount of $250, payable upon execution of this Agreement, and at the rates set forth in Addendum(s) attached hereto for services to be provided by Advisor. The rates set out within the Addendum(s) shall be effective for twelve months from the effective date of each Addendum. Thereafter, the Advisor's compensation can be adjusted to then current rates charged other similar clients upon sixty days written notice from Advisor to Client of the rate adjustment. 3. Term and Termination. This Agreement shall commence as of the date hereof, and shall continue until terminated by either party by written notice given at least thirty days before the effective date of such termination, provided that no such termination shall affect or terminate the rights and obligations of each of the parties hereto with respect to any project, whether or not complete, for which the Advisor has provided services prior to the date that such notice was given. 4. Indemnification: Sole Remedy. The Client and the Advisor each hereby agree to indemnify and hold the other harmless from and against any and all losses, claims, damages, expenses, including without limitation, reasonable attorneys' fees, costs, liabilities, demands and cause of action (collectively referred to herein as "Damages") which the other may suffer or be subjected to as a consequence of any act, error or omission of the indemnifying party in connection with the performance or nonperformance of its obligations hereunder, less any payment for damages made to the indemnified party by a third party. Notwithstanding the foregoing, no party hereto shall be liable to the other for Damages suffered by the other to the extent that those Damages are the consequence of: (a) events or conditions beyond the control of the indemnifying party, including without limitation changes in economic conditions; (b) SAINT PAUL, MN • MINNEAPOLIS, MN • OVERLAND PARK, KS • BROOKFIELD, WI • WASHINGTON, DC • IOWA CITY, IA