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III. PAYMENT <br />A. Charges and Distribution of Costs. Inconsideration of the joint election services <br />provided by the Contracting Officer, the City will be charged a share of the election <br />costs and an administrative fee. The costs distribution is set forth in the Joint <br />Election Agreement. The cost estimate is set forth in the Cost Estimate. <br />B. Administrative Fee. The Contracting Officer shall charge a fee equal to 10% of <br />the City's share of the cost of the election or a minimum of $75.00. <br />C. Equipment Rental Fee. Per Section 123.032(d) of the Texas Election Code, the <br />Hays County Commissioners Court has set the equipment rental fee at $175 each <br />per controller and per Verity Duo component. If the County acquires additional <br />equipment during the term of the Contract, the charge for the use of the equipment <br />may be reset by the Hays County Commissioners Court. <br />D. Payment. The Contracting Officer's invoice shall be due and payable to the <br />address set forth in the invoice within 30 days fiom the date of receipt by the City. <br />IV. TERM AND TERMINATION <br />A. Initial Term. The initial term of the contract shall commence upon the last party's <br />execution hereof and shall continue thereafter in full force and effect for one <br />year, subject to the termination rights set forth herein. <br />B. Renewal. Subject to the termination rights set forth herein, this contract shall be <br />renewed annually. <br />C. Termination. If either party wishes to terminate this contract for convenience or <br />for cause, the party must provide not less than ninety (90) days' written notice to <br />the other party and allow for discussion of the desired outcome and options to reach <br />the desired outcome. In the event of termination, it is understood and agreed that <br />only the amounts due to the contracting Officer for services provided and expenses <br />incurred will be due and payable. <br />V. MISCELLANEOUS PROVISIONS <br />A. Nontransferable Functions. In accordance with Section 31.096 of the Texas <br />Election Code, nothing in this Contract shall authorize or permit a change in: <br />