55-19 Exhibit - Phillips Preiss to Assist Planning Board with Re-Examination Master Plan.pdf

5. Invoices. Invoices shall be sent on a monthly basis starting from the date of execution of the agreement or the date upon which work is initiated on the project, whichever is sooner. Invoices will be submitted to the Client normally by the middle of the month following the month in which the services were rendered. Invoices will include a list of the personnel who furnished services, their billing rates (as specified in paragraph 8) and the number of hours they worked on the assignment. An invoice shall be considered PAST DUE if the invoice is not paid within forty-five (45) days from the date of the invoice. 6. Suspension of Services by Phillips Preiss. If the Client fails to make payments when due or otherwise is in breach of this Agreement, Phillips Preiss may suspend performance five (5) days from the date of providing notice to the Client. Phillips Preiss shall have no liability whatsoever to the Client for any costs or damages as a result of such suspension. Following suspension of services for failure to make payment, work on the project shall only be resumed when all invoices have been brought fully to date, including all charges for late payment (including interest), has been replaced. 7. Client's Request for Cessation of Work. The Client may, at any time, request in writing that work on the project be terminated. At such time the Client will be billed for all work performed by Phillips Preiss up to the time such notification is received at the offices of Phillips Preiss. 8. Hourly Billing Rates for Phillips Preiss Staff. The following shall be the hourly billing rates for Phillips Preiss principals and staff: Staff Person/Title Hourly Rate Paul Phillips, Managing Principal $165 Richard Preiss, Principal $165 Paul Grygiel, Principal $150 Elizabeth Leheny, Principal $145 Keenan Hughes, Principal $145 Senior Associate $140 Senior Urban Designer $130 Senior Planner $120 Planner

$140 Senior Urban Designer $130 Senior Planner $120 Planner $110 Director of Graphics $110 Support $50 9. Fee Duration. This agreement shall be open for acceptance for sixty (60) days from the above date. If the Agreement is signed after that date, Phillips Preiss may adjust the proposed fees, including the -2-