CCP 10-26-2010 - Laserfiche WebLink

Home Browse Search

i) City's legal counsel will be responsible for preparing legal updates to the development agreements, brokerage agreements, purchase agreements, warranty statements, conveyance documents and all such other documents, and advising City and Consultant as to all required disclosures under applicable law (collectively, the "Project Documents") unless otherwise directed by City. The parties hereto agree that they shall each review, give input on, and cooperate with legal counsel in the preparation of final Project Documents. Anything in this Agreement to the contrary notwithstanding, Consultant does not agree to (and shall not) perform any legal services in connection with the performance of its duties under this Agreement. 6) Consultant's Compensation. a) Consulting Fee: City shall pay to Consultant an hourly consulting fee ("Consulting Fee") of $220.00 per hour during the Term hereof. Consultant shall submit monthly invoices to the City. b) In addition, City shall reimburse Consultant for all direct fees and costs incurred by Consultant on behalf of City in connection with its services and duties required to be performed hereunder, including all travel and marketing expenses with respect to the Project. Payment for such reimbursable expenses shall be made monthly by City upon Consultant's submission of reasonable and appropriate supporting data and shall in no case be for an amount greater than Consultant's actual cost for such goods or services. 7) Brokerage Agreements. Consultant shall not be authorized to enter into any brokerage or co-operating brokerage agreements with outside brokers or agents unless City previously approves such arrangement. 8) Default. This Agreement may be terminated by City at any time as a result of the occurrence of any of the following: 8.1 Failure of Consultant to perform any of its obligations hereunder in the manner herein required and the continuance of such failure for thirty (30) days after notice from City specifying such failure. 8.2 The occurrence of any of the following with respect to Consultant: (i) the commencement of a case under Chapter 11 of the U.S. Bankruptcy Code, as now constituted or hereafter amended or under any other applicable federal or state bankruptcy law or other similar law (which, in the case of an involuntary proceeding, is not dismissed within 60 days); (ii) the appointment of a trustee or receiver or any substantial property interest (which, in the case of an involuntary appointment, is not satisfied within sixty (60) days); (iii) the making of a general assignment for the benefit of creditors; (iv) the attachment, execution or other judicial seizure of a substantial property interest (which is not set aside within sixty (60) days); (v) a dissolution; or (vi) the adjudication of Consultant