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City of Sunny Isles Beach 18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947 -0606 phone (305) 949 -3113 Fax <br />Services satisfactorily performed prior to the date of termination, as provided <br />in Paragraph 4 herein. <br />(ii.) Notwithstanding the foregoing, the Contractor shall not be relieved of liability <br />to the City for damages sustained by it by virtue of a breach of the Agreement <br />by Contractor and the City may reasonably withhold payment to Contractor <br />for the purposes of set -off until such time as the exact amount of damages due <br />the City from the Contractor is determined. <br />B. Termination for Convenience of City. The City may, for its convenience and <br />without cause terminate the Services then remaining to be performed at any time <br />by giving Contractor twenty (20) days written notice. The terms of Paragraph A(i) <br />and A(ii) above shall be applicable hereunder. <br />C. Termination for Insolvency. The City also reserves the right to terminate the <br />remaining Services to be performed in the event the Contractor is placed either in <br />voluntary or involuntary bankruptcy or makes any assignment for the benefit of <br />creditors. <br />9. ARBITRATION AND MEDIATION. The merits of any dispute arising under, out <br />of, in connection with, or in relation to this agreement, or the making or validity thereof, or its <br />interpretation, or any breach thereof, shall be determined and settled by Arbitration before an <br />Arbitrator in the State of Florida, pursuant to the Commercial Arbitration Rules of the <br />American Arbitration Association. If the parties hereto are unable to agree upon the <br />selection of an arbitrator, such arbitration shall be held before the American Arbitration <br />Association. Any award rendered shall be final and conclusive upon the parties and a judgment <br />may be entered in the highest court of the State of Florida having jurisdiction. <br />Before submitting a dispute to Arbitration, the parties shall first attempt to resolve the dispute <br />amicably. In the event that the parties hereto are unable to resolve the dispute amicably, either <br />party may give notice for a Mediation session before a Mediator appointed by mutual <br />agreement (hereinafter the "Mediator "). Each party shall bear its own attorney's fees and <br />costs associated with any such mediation and shall share, equally, the fee of the agreed <br />upon or appointed mediator (as the case may be). If the parties are unable to agree upon the <br />selection of a mediator, such mediation shall be held before the American Arbitration <br />Association. The Mediator shall make a recommendation to the parties in the form of a <br />written mediated settlement agreement. Each party to the dispute shall sign such <br />agreement after receipt of the same or immediately file a demand for Arbitration, in which <br />event the parties shall proceed to Arbitration in accordance with the previous paragraph. All <br />costs of the Arbitration, including the legal action to confirm and enforce the arbitrator's <br />award, as the case may be, including the reasonable legal fees of both parties shall be paid by <br />the non - prevailing party, or, if neither party prevails on the whole, each party shall be <br />responsible for a portion of the costs of Arbitration as may be determined by the court on <br />confirmation. <br />C 1314 -023 - EDMUNDS & ASSOCIATES, INC. 5 <br />