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SECTION IV: CANCELLATION: <br />Either party shall have the right to terminate or renegotiate this Agreement by giving to <br />the other party written notice of such cancellation of the Agreement at least sixty (60) days in <br />advance. Ward shall have the right to cancel the Agreement by giving the City ten (10) days <br />written notice of cancellation for non-payment of the service fee. Upon cancellation, Ward will <br />not be required to provide additional services as outlined in this Agreement under Section I. <br />In the event this Agreement is canceled by the City for any reason, the City may choose <br />one of the following options: <br />Option A: Renegotiate the services with Ward at fee to be negotiated between Ward and <br />the City. <br />Option B: Require Ward to return all open and closed files to the City. The City will be <br />responsible for the pick-up and delivery of the files. <br />SECTION V: TERM: <br />This Agreement shall be effective for a period of two years commencing July 1, 1996 and <br />ending June 30, 1998. <br />SECTION VI: FEES: <br />The City agrees to pay Ward service fees based on the following schedule: <br />A. Claims Administration Fee <br />FLAT ANNUAL FEE $34,800 <br />B. Field Investigation <br />TIME AND EXPENSE FEE SCHEDULE <br />Investigative Services <br />Clerical Services <br />Office Overhead <br />Telephone Expense <br />Photocopies <br />Mileage <br />Photographs <br />Miscellaneous <br />-3- <br />$42 per hour <br />$20 per hour <br />20% of services <br />8% of services <br />$0.30 per page <br />$0.45 per mile <br />$2.00 per photo/1" set <br />Actual cost <br />