Laserfiche WebLink
2. Employer's Finance Director must have approved the construction <br /> contract price, which approval will not be unreasonably withheld. <br /> All reimbursement invoices from Vera for tenant improvement costs must be accompanied by a <br /> copy of the contractor invoice to Vera and any other back-up information reasonably requested <br /> by Employer. Vera will not mark-up tenant improvement costs. Employer will pay invoices <br /> within 30 days after receipt. <br /> (b) Other Start-Up Expenses. Other Start-Up Expenses, which are in addition to <br /> tenant improvements and which will commence as of the date of this Agreement, are estimated <br /> as stated in Exhibit D to this Schedule 2. These Start-Up Expenses will be invoiced by Vera <br /> during the month immediately following the month in which the costs or charges were incurred. <br /> Employer shall pay each invoice under the same terms as stated in Section 5 below. The parties <br /> agree that the costs stated in Exhibit D to this Schedule 2 are estimates only. Employer's <br /> obligation to reimburse Vera for Start-Up Expenses on Exhibit D are subject to the following: <br /> 1. Employer's obligation to reimburse Vera shall be based on actual cost <br /> incurred without mark-up. Unless specifically provided otherwise in Exhibit D, Start-Up <br /> Expenses are only expenses for which Vera pays to others and do not include internal expenses, <br /> such as administrative overhead and costs of Vera staff time. <br /> 2. The parties expressly acknowledge and agree that the total amount of <br /> Start-Up Expenses to be reimbursed by Employer to Vera under this Agreement will not exceed <br /> the Employer's Start-Up Expenses. <br /> 3. Vera will provide to Employer(or Employer's designee)all back-up <br /> information reasonably requested by Employer necessary to verify that the amounts invoiced as <br /> Start-Up Expenses are amounts equal to the amounts actually incurred by Vera." <br /> 2. Section 6 of Schedule 2. Section 6 of Schedule 2 to the Agreement is hereby amended <br /> and restated in its entirety to read as follows: <br /> "6. Lease. Vera has entered into a long-term lease dated on or about August 30,2019 <br /> with Claremont Village Station, LLC for the Clinic facility as to be amended by <br /> Amendment No. 1 (as amended,the"Lease"). In order for both parties to share the risk <br /> associated with the Lease: <br /> (a) Upon termination of this Agreement, Employer shall have the right,in its <br /> sole discretion,to elect to have Vera assign the Lease for the Clinic facility <br /> to Employer. If Employer exercises this right,Vera shall promptly assign <br /> the Lease and all of its interest in any tenant improvements.As of the date of <br /> assignment,Vera shall have performed all of its obligations under the lease, <br /> 2 <br />