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=�' ��' Citv of Arden Hills, MN =�''�'- Pavment Terms <br />2 Years @ 0% Interest <br />� Once we receive this signed agreement, we will generate an invoice f or a <br />$2,215 deposit. This deposit is due on 04/30/2010 and is calculated on only <br />the Training, Consulting and Migration Management services outlined <br />herein. (If� there is a budget amount to rewrite custom, no portion of that <br />amount is factored into the dovc�n payment amount). Upon receipt of deposit, <br />a Springbrook Software Proj ect Manager will be assigned to work with your <br />organization to investigate dates for the onsite training. <br />• An additional 15 % of the Training, Consulting and Migration Management <br />services will be invoiced and due on 07/15/2010. <br />• An additional 25 % of the Training, Consulting and Migration Management <br />services will be invoiced and due on 10/15/2010. <br />• The final 50% of the Training, Consulting and Migration Management <br />services �vill be invoiced and due on 01/15/2011 or upon project completion <br />if the proj ect is not entirely complete by then. <br />• Software Customization. If it is mutually determined that a rewrite of <br />existing custom is required, a detailed statement of work and quote will be <br />completed for each custom program and be presented for approval. If <br />approved, 50% of the bid amount will be invoiced as a deposit and due upon <br />signoff or 10/15/2010 whichever is later. The remaining 50% will be <br />invoiced and due on 01/15/2011 or upon project completion if the custom <br />program has not been delivered by then. <br />� Softvvare Customization Maintenance. Any associated maintenance on <br />custom will be invoiced and due upon delivery of custom. The annual <br />maintenance will be prorated to the end of your organization's fiscal year and <br />billed as an annual amount thereafter. <br />• Database components. If any additional database component (Access Agent, <br />additional Progress Licenses, Application Server Enterprise licenses etc.) and <br />associated maintenance is quoted, these will be ordered shortly before your <br />organization's "go live" date. The license component will be due invoiced in <br />full and due upon delivery and the associated annual maintenance invoice will <br />be prorated to the end of your organization's fiscal year and billed as an <br />annual amount thereafter. <br />15 <br />