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prior to the end of the initial or any subsequent renewal term, this Agreement will <br /> automatically renew for an additional 1-year Renewal Term. <br /> 5. Payment Agreement. <br /> a. One-Time Implementation Investment. Client shall pay$37,500, <br /> excluding sales tax,to be invoiced at signing, in consideration of <br /> Initial Term services including: <br /> Implementation Services: System Configuration and $8,000 <br /> integration with City's 3`d Party systems(Payment <br /> Gateway,Financial Extract) <br /> GIS Integration $2,000 <br /> Onsite Training(5 Days) $7,000 <br /> Onsite Business Process Review(5 Days) $7,000 <br /> Travel(10 Days) $3,000 <br /> Data Conversion(User Data/User Credits) $4,000 <br /> Data Import(Facility import/future facility rentals) $6,500 <br /> Payment Gateway Integration(Elavon/Converge) Included in <br /> implementation <br /> Total upon signing: $37,500 <br /> b. Software Fee. Client agrees to pay CivicPlus annual fee("Software Fee") in <br /> amount of$13,000,to be invoiced on August 29th each year; however,the first <br /> Software Fee will be invoiced at signing and prorated to correlate with the <br /> August 29-August 28 billing cycle. At the onset of each billing cycle, beginning <br /> with the third year of service under this Agreement(24 months from signing), <br /> CivicPlus may reassess the Software Fees based on historic data(actual <br /> transaction volume occurring during the prior one year Renewal Term) to ensure <br /> that the Software Fees accurately reflect the transaction volume processed. <br /> c. Such Basic Portal Services Fees charged by CivicPlus do not include any <br /> transactional or monthly fees assessed by Client's credit card processor. <br /> d. Payment. All amounts due and payable(and not collected through a merchant <br /> account,if applicable)must be remitted within 30 days of distribution of the <br /> applicable invoice. All invoices are distributed electronically and can be viewed <br /> online on the CivicPlus website. <br /> i. Any payment not received from Client by CivicPlus within 60 days of <br /> distribution of the applicable statement shall be subject to an <br /> administrative fee in an amount equal to 1.5%per month of any <br /> outstanding and unpaid amount. <br /> e. Optional Training. CivicPlus will provide optional on-site training at a rate of <br /> $1,000 per day plus travel costs and expenses. Such on-site training includes 8 <br /> hours of training for as many Client users as is reasonably necessary. <br />