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G4J. tyler A teChnploEic'5 3199 Klepinger Road Dayton, Ohio 45406 P: 800.80tl.2581 F: 937.278.371 t 2012 Time and Material Rates The Company's hourly Time and Materials Rates for calendar year 2012 are as follows: Appraisal staff rates can be supplied as requested. The on -site rates reflect the cost of the travel time to and from the client's site. Travel and other out -of- pocket expenses will be billed at direct cost. The above rates are subject to change periodically, reflecting changes in labor costs, taxes, etc. The Company will notify the Client of said changes in writing. If Tyler staffing requirements are such that services must be provided using contract labor, whose cost basis is significantly above what is built into Tyler's Time and Materials rates, the T &M hourly rates for off -site work performed at Tyler offices on behalf of the Client for said contractor will be computed to reflect the Company's cost plus 25 %; the on -site rates for work performed at the Client site will be this cost plus a 50% premium. The Company will notify the Client in advance when responding to a request using contract labor whose cost will exceed the above fee schedule. Off -Site On -Site Sr. Company Officer / Sr. Valuation Analyst $265.00 $330.00 Project Manager $175.00 $220.00 Database Administrator (DBA) $165.00 $205.00 Technology Staff $150.00 $185.00 Appraisal staff rates can be supplied as requested. The on -site rates reflect the cost of the travel time to and from the client's site. Travel and other out -of- pocket expenses will be billed at direct cost. The above rates are subject to change periodically, reflecting changes in labor costs, taxes, etc. The Company will notify the Client of said changes in writing. If Tyler staffing requirements are such that services must be provided using contract labor, whose cost basis is significantly above what is built into Tyler's Time and Materials rates, the T &M hourly rates for off -site work performed at Tyler offices on behalf of the Client for said contractor will be computed to reflect the Company's cost plus 25 %; the on -site rates for work performed at the Client site will be this cost plus a 50% premium. The Company will notify the Client in advance when responding to a request using contract labor whose cost will exceed the above fee schedule.