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ARTICLE 4 <br />CONTRACTOR'S RECORDS <br /> <br />4.1 All expense records of Contractor will be kept on a recognized accounting basis acceptable <br />to the City and will be available to the City at mutually convenient times. <br /> <br />4.2 The City, its auditors, and federal and state agencies t hat h ave monitoring o r auditing <br />responsibilities for this Agreement will have access to anybooks, documents, papers and records of <br />the Contractor which are directly pertinent to this Agreement for the purpose of making audit, <br />examination, excerpts, copying and transcriptions. <br /> <br />4.3 The Contractor will furnish to the City at such time and in such form as the City may require, <br />financial statements including audited financial statements, records, reports, data and information, <br />as the City may request pertaining to the matter covered by this Agreement. <br /> <br /> ARTICLE 5 <br />OWNERSHIP AND USE OF DOCUMENTS <br /> <br />5.1 All documents prepared by the Contractor specifically for the City in connection with this <br />Agreement will become the property of the City whether any project related to this Agreement is <br />executed or not. City agrees such documents are not intended or represented to be suitable for reuse <br />for another project by City or others. Any such reuse by City or those who obtained said documents <br />from City without written verification or adaptation by the Contractor will be at City's sole risk and <br />without liability or legal exposure to the Contractor. <br /> <br />5.2 The Contractor will retain all of its records and supporting documentation relating to this <br />Agreement, and not delivered to the City, for a period of three years except in the event that the <br />Contractor goes out of business during that period, it will turn over, to the City, all of its records <br />relating to the Project for retention by the City. <br /> <br /> ARTICLE 6 <br />TERM OF AG~EMENT <br /> <br />6.1 The term of this Agreement begins upon its execution by both parties, and will end upon the <br />Contractor's completion, and the City's acceptance of all services described in this Agreement unless <br />this Agreement is terminated under Sections 6.2 or 6.3 below. <br /> <br />6.2 This Agreement may be terminated by either party upon 15 days prior written notice should <br />the other party fail substantially to perform in accordance with its terms through no fault of the party <br />initiating the termination. <br /> <br />6.3 This Agreement may be terminated at will by the City upon at least 15 days prior written <br /> <br /> <br />