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attachments referenced in Section 1.1 will not exceed $64,929.00. The Vendor will be <br />compensated as follows: <br />20% of total fee upon contract execution by the City $ 7,665.80 <br />20% upon installation of software by the Vendor $ 7,665.80 <br />60% upon acceptance of the System by the City $22,997.40 <br />$38,329.00 <br />Recurring Costs: <br />Source Code Archive Agreement (years 2-5) $10,000.00 <br />Support and Maintenance Costs (years 2-5) not to exceed $16,600.00 <br />$26,600.00 <br />Total Cost $64,929.00 <br />Both the City and the Vendor estimate that the fee to be paid to the Vendor for <br />maintenance services for the second and subsequent years of this System will not exceed <br />$16,600.00. The Vendor reserves the right to request increases in its annual fee for maintenance <br />services in the event the City procures additional Products during the term of this Agreement. <br />The Vendor agrees to negotiate such request for an increase in maintenance service costs prior to <br />implementing any increase. In no event, will increases in maintenance service costs for years 2- <br />5 exceed 10% per year in accordance with the City's funding requirement established in Article <br />7. The Vendor agrees to notify the City six months in advance of requesting an increase in <br />maintenance fees. If the City agrees to an increase in fees, any such increase will be <br />accomplished in the form of a CIS, to be executed by both parties in advance of the proposed <br />effective date of the increase. The City reserves the right either to accept requested increases in <br />fees or to terminate this Agreement in accordance with Article 7. The City agrees to procure <br />maintenance Services on an annual basis for the term of this Agreement in accordance with <br />Attachment F, which is attached to and incorporated into this Agreement. <br />13.4 Compensation for additional Services includes: <br />A) Maintenance Services: <br />Straight Time: Mon-Fri-8:00 a.m.-5:00 p.m. - $125.00/Hr <br />Over Time: After hours (weekdays) and Saturday - $150.00/Hr <br />Double Time - Sundays & Holidays - $200.00/Hr <br />B) The City and the Vendor will negotiate the costs for additional Products and/or <br />Services as requested by the City, based on costs for the identical Products and <br />Services available to the City through any cooperative arrangement available to <br />the City at that time. <br />Each of the persons executing this Agreement represents that he or she has full power and <br />authority to execute this Agreement on behalf of the party that person represents. This <br />Agreement will be effective as of the day and year established in the first paragraph of this <br />Agreement. <br />Brazos Technology, Hand Held Ticket Writer System Agreement <br />18