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REV 11.21.17 <br />ARTICLE 14 <br />PROFESSIONAL FIRM'S COMPENSATION <br />The Professional Firm's compensation for Professional Firm's Services shall be as follows: <br />Service Fees: The maximum fee for Professional Firm's Services shall not exceed Two hundred <br />fifty two thousand six hundred five and 0/100 dollars, ($252,605.00). <br />Reimbursable Expenses: For Reimbursable Expenses approved by the Owner (ref. Article 8 and <br />Exhibit 3), Professional Firm shall be compensated for the actual expense incurred by Professional Firm. <br />Notwithstanding the foregoing, Owner's payment to Professional Firm for Reimbursable Expenses will not <br />exceed a maximum of amount agreed upon in this Agreement and Exhibits without the prior written <br />approval of the Owner. <br />Additional Services: The Professional Firm's Compensation for any approved Additional <br />Services shall be as described in the Additional Services Proposal accepted by the Owner. <br />The Owner and Professional Firm have entered into this Agreement as of the Effective Date. <br />OWNER: <br />THE CITY OF SAN MARCOS <br />By: <br />Name: Bert Lumbreras <br />Title: City Manager <br />Date: 14 / ou l o <br />Exhibits: <br />EXHIBIT 1— Scope of Services and Deliverables <br />PROFESSIONAL FIRM:. <br />LOCKWOOD, ANDREW & NEWNAM, INC. <br />By: <br />Name: Al2 IA -&l <br />Title: 67z- <br />Date: <br />72 <br />Date: 1/l2-121 7 <br />EXHIBIT 2 — Authorization of Change in Service Form <br />EXHIBIT 3 — Detailed Fee Schedule <br />Page 10 of 14 <br />