SELECTRON TECHNOLOGIES, INC. - 2017

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PAYMENT TERMS *25% Invoiced at time of execution of Agreement *50% Invoiced at completion of execution of on -site installation *25% Invoiced 45 days after on -site installation and testing * *10% of each invoice will be withheld until final acceptance by City to be no later than go "live" or 90 days after on -site installation, whichever comes first. Payment by City shall be made within thirty (30) days following receipt of proper invoice evidencing work performed, subject to City accounting procedures. Payment need not be made for work which fails to meet the standards of performance set forth in the Recitals which may reasonably be expected by City. Phased Implementation: When a phased implementation is mutually agreed to, the same payment terms will be applied to each phase. Taxes: Sales Tax or any other applicable taxes is included in the pricing information in this Exhibit. If Sales tax or any other tax becomes applicable, these taxes will then need to be added to the pricing. ADDITIONAL INFORMATION Time - and - Materials -Based Services: Company will provide custom programming and non - warranty maintenance customer support on a time -and- materials basis. Requested design, programming, testing, documentation, implementation work, and customer support approved by Company will be performed at Company's then - current standard published billing rates. Company will issue a quote and Scope of Work to Customer, which Customer must sign and return to Company before work can begin or be scheduled. Additional Training and On -Site Support: All travel and associated travel expenses for the on -site installation work during the initial setup are included in the Fee set forth above. If Customer requests additional on -site work, travel and out -of- pocket expenses will be billed at $1,750.00 per day (minimum of 2 days) with at least 15 -day advance notice from Customer. If 8 -14 days advance notice is provided by Customer, the rate increases to $2,000.00 per day (minimum of 2 days), and if the notice is less than 7 days, the rate increases to $2,500.00 per day (minimum of 2 days). If changes are made to a travel schedule after plans are confirmed, Customer is responsible for any change fees or price changes incurred for airfare, hotel or car rental. On -Going Support: Customer has the option of purchasing support services by entering into a PremierPro Support and Maintenance Agreement with Company. Upon entering into this PremierPro Support and Maintenance Agreement, annual support and maintenance fees are due. The PremierPro Support and Maintenance Agreement details the scope of services and pricing associated with Customer's implementation of such support services, including any warranty periods identified above.