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<br />City of Sunny Isles Beach <br /> <br />18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 phone (305) 949-3113 Fax <br /> <br />remaining to be performed. Prior to the exercise of its option to terminate for cause, the <br />City shall notify the Contractor of its violation of the particular terms of the Agreement and <br />grant Contractor ten (10) days to cure such default. If the default remains uncured after ten <br />(10) days the City may terminate this Agreement, and the City shall receive a refund from <br />the Contractor in an amount equal to the actual cost of a third party to cure such failure. If <br />Contractor fails, refuses or is unable to perform any term of this Agreement, City shall pay <br />for services rendered as of the date of termination. Under no circumstances shall the City <br />be obligated to compensate Contractor for lost profits, or any resulting or consequential <br />damages. <br /> <br />(i.) In the event of termination, all finished and unfinished documents, data and <br />other work product prepared by Contractor (and sub Contractor (s)) shall be <br />delivered to the City and the City shall compensate the Contractor for all <br />Services satisfactorily performed prior to the date of termination, as provided <br />in Paragraph 4 herein. <br /> <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 /> <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 ten (10) days written notice. The terms of Paragraph 9 A(i) <br />and A(ii) shall be applicable hereunder. <br /> <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 /> <br />1 O. ARBITRATION. It is the intention of the parties that whenever possible, if a dispute <br />or controversy arises hereunder then such dispute or controversy shall be settled by arbitration in <br />accordance with the procedures, rules and regulations of the American Arbitration Association. <br />The decision rendered by the Arbitrator shall be final and binding upon the parties and judgment <br />upon the award rendered by the arbitrator may be entered in any court having jurisdiction. <br />Arbitration shall be held in Miami-Dade County, Florida, All costs of arbitration and attorneys' <br />fees incurred by the parties shall be paid by the non-prevailing party or, if neither party prevails <br />on the whole, each party shall be responsible for a portion of the costs of arbitration and their <br />respective attorneys' fees as may be determined by the court on confirmation. <br /> <br />5 <br /> <br />C0809-009 Southeastern Engineering Contractors Agreement <br />