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<br /> <br />City of Hugo, Minnesota Engagement Letter, dated January 25, 2024 Page 5 | 18 <br /> <br />Termination <br /> <br />Both the Client and Baker Tilly have the right to terminate this Engagement Letter, or any work being <br />done under an individual Scope Appendix at any time after reasonable advance written notice. On <br />termination, all fees and charges incurred prior to termination shall be paid promptly. Unless otherwise <br />agreed to by the Client and Baker Tilly, the scope of services provided in a Scope Appendix will <br />terminate 60 days after completion of the services in such Appendix. <br /> <br />Important Disclosures <br /> <br />Incorporated as Attachment A and part of this Engagement Letter are important disclosures. These <br />include disclosures that apply generally and those that are applicable in the event Baker Tilly is <br />engaged to provide municipal advisory services. <br /> <br />This Engagement Letter, including the attached Disclosures as updated from time to time, comprises the <br />complete and exclusive statement of the agreement between the parties, superseding all proposals, oral or <br />written, and all other communications between the parties. Both parties acknowledge that work performed <br />pursuant to the Engagement Letter will be done through Scope Appendices executed and made a part of <br />this document. <br /> <br />Any rights and duties of the parties that by their nature extend beyond the expiration or termination of this <br />Engagement Letter shall survive the expiration or termination of this Engagement Letter or any statement <br />of work contained in a Scope Appendix hereto. <br /> <br />If this Engagement Letter is acceptable, please sign below and return one copy to us for our files. <br /> <br />Sincerely, <br /> <br /> <br /> <br /> <br />Elizabeth Bergman, Principal <br /> <br /> <br />Signature Section: <br /> <br />The terms as set forth in this Engagement Letter are agreed to on behalf of the Client by: <br /> <br /> <br /> Name: _______________________________ <br /> Title: _______________________________ <br /> Date: _______________________________