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Professional Services Agreement <br />Page 2 of 8 <br /> <br />Version2.1 02212019 <br />without waiving any claim or right against the CLIENT, and without liability <br />whatsoever to the CLIENT, suspend or terminate the performance of <br />services. The retainer shall be credited on the final invoice. Accounts unpaid 30 days after <br />the invoice date may be subject to a monthly service charge of 1.5% (or the maximum legal <br />rate) on the unpaid balance. In the event that any portion of an account remains unpaid 60 <br />days after the billing, COMPANY may institute collection action and the CLIENT shall pay <br />all costs of collection, including reasonable attorneys’ fees. <br />7.3 Extra Services <br />Any service required but not included as part of this AGREEMENT shall be considered extra <br />services. Extra services will be billed on a Time and Material basis with prior approval of <br />the CLIENT. <br />7.4 Exclusion <br />This fee does not include attendance at any meetings or public hearings other than those <br />specifically listed in the Scope of Services. These service items are considered extra and <br />are billed separately on an hourly basis. <br />7.5 Payment <br />The CLIENT AGREES to pay COMPANY on the following basis: <br />Time and material basis with a Not to Exceed fee of $72,798. <br />