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CALIFORNIA, STATE OF EMPLOYMENT DEVELOPMENT DEPARTMENT (2)
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CALIFORNIA, STATE OF EMPLOYMENT DEVELOPMENT DEPARTMENT (2)
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Last modified
3/27/2020 8:39:57 AM
Creation date
5/29/2019 10:06:04 AM
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Contracts
Company Name
CALIFORNIA, STATE OF EMPLOYMENT DEVELOPMENT DEPARTMENT
Contract #
A-2019-072
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/7/2019
Expiration Date
6/30/2023
Destruction Year
2028
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of this Exhibit "E" shall automatically be deemed waived by Tenant. Any review ot'records under this Section 4 of this Exhibit "P." shall beat the <br />sole expense of Tenant, shall be conducted by independent certified public accountants of national standing which are not compensated on a <br />contingency fee or similar basis relating to the results of such audit and shall be completed within sixty (60) days after Landlord provides Tenant with <br />access to Landlord's supporting books and records. Tenant acknowledges and agrees that any records of Landlord reviewed under this Section 4 of <br />this Exhibit "E" (and the information contained therein) constitute confidential information of Landlord, which shall not be disclosed other than to <br />Tenant's accountants performing the review and principals of Tenant who receive the results of the review. If Landlord disagrees with Tenant's <br />contention that an error exists with respect to die Landlord's Statement in dispute, Landlord shall have the right to cause another review of that <br />portion of Landlord's Statement to be made by a firm of independent certified public accountants of national standing selected by Landlord <br />("Landlord's Accountant"), In the event of a disagreement between the two accounting firms, the review of Landlord's Accountant shall be <br />deemed to be correct and shall be conclusively binding on both Landlord and Tenant. In the event that it is finally determined pursuant to this <br />Section 4 of this Exhibit "E" that a particular Landlord's Statement overstated Operating Expenses and Property Taxes with respect to the applicable <br />Expense Year by more than ten percent (10%), Landlord shall reimburseJenant for the reasonable cost of Tenant's accountant. in all other cases. <br />Tenantshallbeliable forl-andlord'sAccountant's actual fees tind-expenses. <br />301 iV Chic Curter Dr— 00' giSnnar Dw Lease -4- pzhihil I'i <br />
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