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<br />03/02/1999 11:14 <br /> <br />3059493113 <br /> <br />SUNNY ISLES BEACH <br /> <br />PAGE 03/04 <br /> <br />fo,. Apri11999 through December 1999, and at the annual rate of$SO,ooO.OO for calendar year 2000, <br />pa;lable in equal monthly installments on or before the 25m day of each month of the term hereof. <br />IV. EFFECTIVE .DATE. DURATION <br />This revised agreement shall be effective the 11lh day of March 1999, and shall be <br />effc:ctive through December 2000, subject to renewal upon such terms as the parties mutually agree. <br />V. TERMINATION <br />Either party hereto, at its discretion, may tenninate this contract at any time, upon thirty (30) <br />da;!S advance written notice to the other. In the event of such termination, the City shall only be <br />obhgated for costs incurred prior to the teImination notice, <br />VI. PRIORITY <br />BOOK shall not be prohibited from representing or providing the like services to <br />oth(:f persons and entities besides CITY. so long as BOOK shall avoid any representation or relation <br />wh ch would create a conflict of interest, as detennined by the City Attorney and City Manager. <br />Furrher, BOOK shall not take on any client or matter which would jeopardize BOOK's ability to <br />devl)te the time. resources and effort necessary to fulfill his obligations to CITY hereunder. <br />VII. MALPRACTICE INSURANCE <br />BOOK shall carry lawyer's professional malpractice insurance or other fonn of <br />insurance, which shall provide coverage or not less than Five Hundred Thousand ($500,000.00) <br />Doll.ars. <br />vn. PROCESSING OF COSn <br />BOOK shall be reimbursed by CITY for reasonable costs, including travel expenses, <br />tele:-,hone, copy fees, federal express and postage. Such costs shall not exceed Three Thousand and <br />Nolloo ($3,000.00) Dollars on an annual basis for Calender Year 1998, and Five Thousand and <br />Run n,lOk RanewaJ.R!I -4- <br />