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purposes of collaboration, document sharing, and marketing during the course of the Project. 3. Third party expenses such as sub -consultant fees, event registrations, memberships, third party services, and other similar expenses. Said . expenses shall be approved by Owner prior to expenditure. F. Invoicing and Owner Payment An initial retainer of fifteen thousand dollars ($15,000) shall be made upon execution of this Agreement and is minimum payment under this Agreement. Said retainer shall be credited to Landform's account and applied to the final invoice of the initial twelve month phase. Landform shall invoice Owner for services rendered that month, or for Incentive Compensation becoming due, with the Administrative Compensation payment due within 30 days of the invoice date. Accounts unpaid 30 days after the invoice date will be subject to a monthly service charge of 1.5% on the then unpaid balance. ARTICLE V. FORM OF CONTRACT: The attached Terms and Conditions, Exhibit C are incorporated by reference and are an integral component of this contract. Landform agrees to perform the Services described in this Proposal under the terms as outlined, subject to the terms and conditions of the Purchase of Services Agreement of even date to which this proposal is attached as Schedule A. Darren B. Lazan President Date: `i ki 1) 0 Landform Federal Tax ID: 27-1199905 Page 19 The HRA accepts the scope, terms and conditions outlined in this Proposal and instructs Landform to perform the Services as outlined, subject, to the terms and conditions of the Purchase of Services Agreement of even date to which this proposal is attached as Schedule A. Housing and Redevelopment Authority (HRA) oftheCi ofmsey, Minnesota By: Its Chairperson ATTEST: By: Its Exe Date: ZS ti a D' ector