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LUM AYAGREEKENT / NVOIC 'r <br />IT IS FURHTER UNDERSTOOD AND AGREED BETWEEN THE PARTIES AS FOLLOWS: <br />1. Seller agrees to furnish all necessary fireworks display materials, equipment and personnel for the fireworks display in <br />accordance with the program agreed to by the parties. <br />2. The Buyer shall pay to the Seller, up to the full amount, by sixty (60) days prior to the display to be eligible for a 5% fireworks <br />product bonus of the fireworks portion of the purchase, and thirty (30) days prior for a 3% fireworks product bonus of the fireworks <br />portion of the purchase. Alternatively standard terms are 33% down, with the full amount due and payable the day of the <br />fireworks display. The display is not fired until payment in full is made, or other arrangements confirmed. <br />3. Should inclement weather prevent the firing of the display on the date mentioned herein, the parties agree to a mutually <br />convenient rain date as mentioned herein. The determination to cancel the fireworks display because of inclement weather or <br />unsafe weather conditions shall rest within the sole discretion of the Seller. Every attempt will be made by the Seller to <br />accommodate the primary fireworks display date. <br />In the event that the Buyer does not wish to continue with the display, or cancels for any reason, the following cancellation <br />schedule of fees is used. If cancelled 60 days or more in advance, 100% of money is refunded, minus any expenses for permits <br />or other direct fees. If cancelled within 30 days or more, then a 20% cancellation fee is assessed. If cancelled within 5 days or <br />more, then a 33% cancellation fee is assessed. If cancellation was within 2 days or greater, then a 50% cancellation fee is <br />assessed, and if cancelled on the day of, or Seller is on site or in transit, a 75% cancellation fee is assessed. <br />4. Seller agrees to provide public liability and property damage insurance coverage, including spectator coverage in an amount not <br />less than $2,000,000 per occurrence, and providing that the insurer shall not terminate or materially modify such policy without <br />written notice to the Buyer not less than two (2) weeks in advance of such proposed termination or modification. The Buyer will <br />be named as an additional insured on the public liability insurance, if selected on the front of the invoice. In the event of a claim <br />by Buyer, any applicable deductible shall be paid by the Buyer. <br />5. The Seller agrees to indemnify and hold harmless the Buyer and its agents and employees from and against all claims, costs, <br />judgments, damages and expenses, including reasonable attorney fees that may or shall arise from the performance of fireworks <br />purchased by the Buyer. The Buyer agrees to give the Seller prompt notice of any claims or demands and to cooperate with the <br />Seller or its successors in interest or assigns, if any, in the defense of any such claims andlor demands. <br />6. The Buyer agrees to hold the Seller harmless and defend Seller from any and all claims brought against the Seller by employees <br />or sponsors of the Buyer for any and all acts of the Buyer relating to the event for which the fireworks is performed. <br />7. Buyer agrees to work with the Seller to provide the following, where necessary; <br />. Sufficient area for the display, including a minimum spectator setback as determined by Seller. <br />b. Protection of the display area by barricading, roping off, or some similar facility. <br />c. Adequate security or Police protection to prevent non-qualified people from entering the display area. <br />8. Buyer agrees to comply with all local, state and federal laws and guidelines pertaining to the Sellers duties in performing this <br />fireworks display. <br />9. It is further understood and agreed that nothing in this Display Agreement shall be construed or interpreted to mean a partnership <br />between the Buyer and Seller. Both parties hereto being responsible for their separate and individual debts and obligations, and <br />neither party shall be responsible for any agreements not stipulated in this Agreement <br />10. The parties hereto do mutually and severally guarantee terms, conditions, and payments of this Agreement. This document shall <br />be binding upon the parties, themselves, their heirs, executors, administrators, successors and assigns. <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement as above written. <br />Seller <br />Buyer <br />Hollywood Pyrotechnics, Inc. City of Centerville Minnesota <br />By: l <br />Name; Bennie Netzley Name: <br />