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DocuBign Envelope ID: D4193A34-EBC4-4761-996E-B77B3804F2ED <br />SIEMENS <br />�tncyP.fnu i1`v-(0 r— f <br />Agreement Terms for Investment <br />Services shall be provided at: <br />1. City Hall: 20 Civic Center Plaza, Santa Ana, CA 92701 <br />2. City Yard: 122 N Newhope St, Santa Ana, CA 92703 <br />3. Library- Main: 26 Civic Center Plaza, Santa Ana, CA 92701 <br />4. Library- Newhope: 220 S Daisy Ave, Santa Ana, CA 92703 <br />Siemens Industry, Inc. shall provide the services as identified in this Proposal and pursuant to the <br />associated terms and conditions contained within. <br />Duration (Initial Term and Renewal): This Agreement shall remain in effect for an Initial Term of <br />3 Periods beginning 2020-07-01. The Investments for each year after the Initial Term of the <br />Agreement and each year of each renewal of this Agreement shall be determined as the <br />immediate prior year's Investment plus an escalator of 3%. In addition, each renewal term <br />pricing shall be adjusted for any additions or deletions to services selected for the renewal term. <br />Initial Term Investments: <br />Year 1 <br />0710112020 to 613012021 <br />Year 2 <br />07/01 /2021 to 6130/2022 <br />Year 3 <br />07/0112022 to 613012023 <br />Optional Extension Periods <br />Year 4 07101 /2023 to 6/30/2024 <br />Year 5 07/01/2024 to 6/30/2025 <br />$53,993.00 (Annually in Advance) <br />$55,613.00 (Annually in Advance) <br />$57,282.00 (Annually in Advance) <br />$59,001.00 (Annually in Advance) <br />$60,770.00 (Annually in Advance) <br />*Amount Due in Advance Based on Billing Frequency <br />Applicable sales taxes are excluded from the Investments. The pricing quoted in this Proposal are <br />firm for 30 days. <br />Page 13 of 13 <br />