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<br />Agreement for Compensation Update Services Page 4 of 7 <br />2. For Additional Services For Update as part of the update following FIRM <br />submitting bill. <br /> <br />3. For Additional Job Classifications or Same Job Classifications after Update <br />is Complete or Other Services after completion of respective service <br />following FIRM submitting bill <br /> <br />CITY will pay the bill of FIRM within thirty (30) days or less of its receipt by <br />CITY. <br /> <br />4.3. Disputes. In the event that CITY disputes any aspect of FIRM’s bill, the CITY <br />Administrator shall contact Brandon M. Fitzsimmons at FIRM stating the nature of <br />the dispute. The parties pledge their mutual good faith in resolving any disputes. <br /> <br />4.4. Interest. Because CITY will be paying FIRM’s bills within thirty (30) days from <br />their receipt, no interest will be charged. If CITY determines that it will be <br />necessary to deviate from that payment schedule, then CITY will notify FIRM <br />thereof. An interest rate of eight (8) percent per annum will be charged to CITY if <br />CITY does not pay any bill of FIRM within thirty (30) days or less of its receipt by <br />CITY with such arrangement subject to change as may be mutually agreed <br />between the parties. <br /> <br />5. TERM AND TERMINATION: This Agreement shall commence following execution <br />of the parties and shall continue in effect until such time as either party terminates this <br />Agreement. This Agreement may be terminated by CITY at any time or by FIRM <br />upon 60 days written notice. CITY shall pay FIRM for the work performed prior to the <br />effective date of termination based upon the payment terms of this Agreement. <br /> <br />6. NOTICE: Any notices required under the provisions of this Agreement shall be in <br />writing and sufficiently given if delivered in person or sent by U.S. mail, postage <br />prepaid, as follows: <br /> <br />6.1. Notice to CITY shall be mailed or delivered to Nicole Miller, City <br />Administrator, City of Lake Elmo, 3880 Laverne Avenue North, Lake <br />Elmo, MN 55042. <br /> <br />6.2. Notice to FIRM shall be delivered to Brandon M. Fitzsimmons, Flaherty & <br />Hood, P.A., 525 Park Street, Suite 470, St. Paul, MN 55103. <br /> <br />7. STATUS OF FIRM AS INDEPENDENT CONTRACTOR: FIRM shall be an <br />independent contractor for all purposes and shall be entitled to no compensation other <br />than the compensation provided for in this Agreement. No statement contained in this <br />Agreement shall be construed so as to find FIRM to be an employee of CITY. FIRM <br />shall not be entitled to any of the rights, privileges, or benefits of employees of CITY, <br />including but not limited to, workers’ compensation, health/death benefits and <br />indemnification for third-party personal injury/property damage claims. FIRM