Agenda Package - 05-07-07 - Laserfiche WebLink

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ccOrw Oct, ,,1 G. PayLc, Tp 50% of leased rental space, excluding production costs, realized for the cl ~ of the three y1'ear contract. ~u^~9 `6 H. Advance payment to L~r fNuns+within 10 days after procurement of each new client. d43-r-' 1. Furnish to C DU_ 5 a list of all advertisers and gross amounts paid by such ad- vertisers to Signs & Designs, Inc. on a quarterly basis and at other times as 'L-)5 requests. J. Keep and maintain proper records of all services provided and charges made to all clients under this agreement. K. Include a provision in each of its advertising contracts which prohibits the transfer of the contract or any portion thereof. L. Signs & Designs, Inc. agrees to lease space only for advertising for which has first been approved by 2. LC-IS shall be responsible for the following obligations: A. Refer all inquiries received from companies and/or agencies with regard to advertising on transit vehicles to Signs & Designs, Inc. B. Permit Signs & Designs, Inc. at no expense, to place blanket advertising on specified _f O_ vehicles for the purpose of selling advertising space to prospec- tive customers of Signs & Designs, Inc. C. Have final approval on all proposed advertising, which shall include, but not be limited to, the advertiser, subject matter, art, and phraseology prior to the production and/or display of such advertising on I vehicles. It is anticipated that this agreement shall remain in effect for a period of three years. However, either party may terminate without cause upon 90 days prior written notice and payment shall be made by Signs & Designs, Inc. to CDC_Ts through the termination date. may terminate, for cause upon 90 days prior written notice and payment ® shall be made by Signs & Designs, Inc. to 0 nCrs through the termination date. Addi- tionally, Signs & Designs, Inc. understands that O-OC S may have its funding reduced