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'" 106 CONSULTING AGREEMENT SECTION 1. This Agreement is between FRED SAFFER & ASSOCIATES (hereinafter referred to as "Consultant"), of Orange County, Florida and the CITY OF SAN MARCOS, TEXAS (hereinafter referred to as the "Client"), 630 East Hopkins, San Marcos, Texas. ~ SECTION 2. The Client employs Consultant and Consultant agrees to be employed, to furnish consulting services with respect to the Client issuing Requests For Proposals to Provide Bulk Electric Power Supply, the cost for such consulting services, other than reimbursable exp~nses pursuant to Section 4 herein, shall not exceed the respective amounts set forth in Exhibit B attached hereto and made a part hereof, without the prior written authorization by the Client's City Manager. The Consultant shall perform these services when and as requested by the Client's City Manager. . SECTION 3. The term of this Agreement shall be for the length of time set forth in Section 10. The Client or Consultant may suspend or terminate any or all services covered by this Agreement at any time upon written notice, in which event the Client shall pay the Consultant, upon submission of invoices, for all services rendered and expenses incurred to the effective date of such suspension or termination. , SECTION 4. For services furnished, the Client will pay the Consultant at Consultant's offices in Orange County, Florida, upon submission of monthly invoices, an amount equal to the actual hours of services furnished by Consultant at the hourly rates shown on the attached Exhibit A. The Client will also reimburse Consultant monthly for copy costs, transportation to and from Consultant's city and state and locally in Client's location, lodging, meal costs and communications. The monthly invoice shall be due and payable within twenty (20) days from receipt of invoice. All balances not paid within thirty (30) days from the date of statement shall bear interest at the highest rate allowed by law.