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3. COMPENSATION AND PAYMENT <br />Contractor will provide the use of the Campaign Disclosure System and Statement of Economic <br />Interests system (up to 150 SEI filers) at a normal rate of $24,000 per year. <br />City has the option of paying an ongoing quarterly basis for Services provided by Contractor <br />billed in advance of the quarter instead of one annual payment. No interest or finance charges <br />will be incurred if the City chooses the quarterly payment option. City will pay Contractor <br />within thirty (30) days of City's receipt of invoice. If for any reason the contract is terminated <br />prior to the paid through date by the City, Contractor will reimburse City any unused amount <br />within ten (10) working days from the termination date. <br />The parties acknowledge that Contractor has been providing services to the City since August 1, <br />2017 after the previous Agreement between the parties expired and that there are outstanding <br />invoices in the amount of which are included in the compensation for this <br />Agreement. <br />4. NO ASSIGNMENT OF AGREEMENT <br />City and Contractor bind themselves, their successors and assigns to all covenants of this <br />Agreement. This Agreement shall not be assigned or transferred without the prior written <br />approval of City. <br />5. NO THIRD PARTY BENEFICIARY <br />This Agreement shall not be construed to be an agreement for the benefit of any third party or <br />parties, and no third party or parties shall have any claim or right of action under this Agreement. <br />6. INDEPENDENT CONTRACTOR <br />This Agreement is not intended nor shall it be construed to create an employer-employee <br />relationship, a joint venture relationship, or to allow the City to exercise discretion or control <br />over the professional manner in which Contractor performs the services which are the subject <br />matter of this Agreement, Contractor and all person(s) employed by or contracted with <br />Contractor to furnish labor and/or materials under this Agreement are independent contractors <br />and do not act as agent(s) or employee(s) of City. Contractor has full rights, however, to manage <br />its employees in their performance of Services under this Agreement. Contractor is not <br />authorized to bind City to any contracts or other obligations. <br />7. SUBCONTRACTING <br />None of the Services under this Agreement shall be performed by subcontractors unless <br />Contractor specifically identifies subcontractors in writing and City pre -approves such <br />subcontractors in writing. Contractor shall be as fully responsible to City for the acts and <br />2 <br />