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items and terms of delivery. The Party that placed the order will then submit invoices or receipts <br /> within thirty (30) calendar days of receiving such invoices or receipts to the Fiscal Agent for <br /> reimbursement from the account referenced in section 4.1. <br /> 4.4 Distribution of Costs. The estimated total budget for this conference is approximately <br /> Two Thousand Five Hundred Dollars ($2,500.00.) The goal is to collect sufficient funds through <br /> vendor sponsorships to cover all costs associated with this Agreement; however, the Parties <br /> acknowledge that there is always the possibility that sponsorship funding may not cover all costs. <br /> In this event, the Parties understand and agree that each Party shall pay an equal portion of the <br /> costs provided costs do not include attorney fees incurred by a Party and provided further that no <br /> Party shall pay more than a maximum of Six Hundred and Twenty Five Dollars ($625.00). All <br /> costs incurred by the Parties in planning and organizing the conference shall be reimbursed from <br /> the funds collected by the Fiscal Agent for this Agreement. Whenever possible, payments should <br /> be paid directly by the Fiscal Agent. This includes costs incurred by a Party in anticipation of <br /> entering this Agreement that are reflected in Exhibit A. If another Party receives sponsorship <br /> funding or donations pursuant to this Agreement, then such shall be tendered to the Fiscal Agent. <br /> In the event this account is dissolved and there is a remaining balance, then the funds shall be <br /> first applied to outstanding obligations incurred under this Agreement and all remaining funds <br /> shall be distributed in equal dollar amounts to each Party. <br /> 4.5 Administrative Duties. The representatives for the Parties will agree on who is <br /> responsible for all administrative duties as may be necessary to lawfully facilitate execution of <br /> the duties necessary under this Agreement that may include staff support, compliance with <br /> procurement laws as may be required for the purchase of any equipment, supplies, services, <br /> insurance, high technology, professional services and other expenditures needed to effectuate the <br /> purpose of this Agreement. <br /> ARTICLE V <br /> IMMUNITY/INSURANCE <br /> 5.1 Immunity. To the extent permitted by Texas law, the Parties agree that each shall each <br /> be responsible for its own negligent acts or omissions or other tortious conduct in the course of <br /> performance of this Agreement, through its public officials, employees, and agents without <br /> waiving any sovereign or governmental immunity available to the Party under Texas law. <br /> 5.2 Insurance. The Parties, identified as a municipal organization herein, shall be <br /> responsible for providing all necessary insurance to cover its own premises,personal property <br /> and employees during the term of this agreement. Texas State University is self-insured under <br /> Texas Law. The Texas statutes providing for this self-insurance are found in Chapter 104 of the <br /> Texas Civil Practice and Remedies Code and Chapter 2259 of the Texas Government Code. <br /> ARTICLE VI <br /> MISCELLANEOUS <br /> Page 3 <br />