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<br />($50,000.00) Dollars through September 30, 2002, at an annual rate of Fifty-Five <br />Thousand and No/lOO ($55,000.00) Dollars for October 1, 2002 through September <br />30, 2003, at an annual rate of Fifty-Five Thousand and No/100 ($55,000.00) Dollars <br />for October 1, 2003 through September 30, 2004. The City Manager may choose to <br />extend this agreement for an additional year at the mutual agreement of the parties. <br /> <br />IV. EFFECTIVE DATE, DURATION <br /> <br />This revised agreement shall be effective the 1st day of October 2003, and shall be <br />effective through September 2004, subject to renewal upon such terms as the parties <br />mutually agree. <br /> <br />v. TERMINATION <br /> <br />Either party hereto, at its discretion, may terminate this contract at any time upon <br />thirty (30) days' advance written notice to the other. In the event of such termination, <br />the CITY shall be obligated for costs incurred prior to the termination notice. <br /> <br />VI. PRIORITY <br /> <br />BOOK shall not be prohibited from representing or providing the like services to other <br />persons and entities besides CITY, so long as BOOK shall avoid any representation or <br />relation which would create a conflict of interest, as determined by the City Attorney <br />and City Manager. Further, BOOK shall not take on any client or matter that would <br />jeopardize BOOK's ability to devote time, resources and effort necessary to fulfill to <br />CITY hereunder. <br /> <br />VII. MALPRACTICE INSURANCE <br /> <br />BOOK shall carry lawyer's professional malpractice insurance or other form of <br />insurance, which shall provide coverage of not less than Five Hundred Thousand and <br />No/ 100 ($500,000.00) Dollars. <br /> <br />VIII. PROCESSING OF COSTS <br /> <br />BOOK shall be reimbursed by CITY for reasonable costs, including travel expenses, <br />telephone, copy fees, federal express and postage. Such costs shall not exceed Three <br />Thousand and No/ 100 ($3,000.00) Dollars on an annual basis for calendar year 1998, <br />and Five Thousand and No/lOO ($5,000.00) each for calendar years 1999 and 2000, <br />and Seven Thousand Five Hundred and No / 100 ($7,500.00) Dollars for calendar years <br />2001-2004, unless approved by the City Manager. If BOOK is traveling on behalf of <br /> <br />Page 2 <br />