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Agenda Cover Memorandum for 02/ - City of West Palm Beach

Agenda Cover Memorandum for 02/ - City of West Palm Beach

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in writing; or<br />

a. Whenever the <strong>City</strong> and First Onsite shall mutually agree to the termination<br />

b. Except as provided elsewhere in this Agreement, with cause by either party<br />

upon the default by the other party <strong>of</strong> any term, covenant or condition <strong>of</strong> this Agreement, where<br />

such default continues <strong>for</strong> a period <strong>of</strong> ten (10) business days after the defaulting party receives<br />

written notice there<strong>of</strong> from the other party specifying the existence <strong>of</strong> such default; or<br />

c. At any time and without liability and <strong>for</strong> any or no reason, or <strong>for</strong> its<br />

convenience, by the <strong>City</strong> upon at least ninety (90) days prior written notice to First Onsite; or<br />

d. After one (1) year from the Opening Date, by First Onsite upon at least one<br />

hundred eighty (180) days prior written notice to the <strong>City</strong>; or<br />

e. Upon the filing <strong>of</strong> voluntary or involuntary bankruptcy by either the <strong>City</strong> or<br />

First Onsite; or<br />

f. Upon First Onsite’s loss <strong>of</strong> license, accreditation or certification.<br />

4.3 Effect <strong>of</strong> Termination. The <strong>City</strong> agrees to reimburse First Onsite <strong>for</strong> any Services<br />

satisfactorily provided as <strong>of</strong> the date <strong>of</strong> termination, even if payment is not due until after<br />

termination.<br />

4.4 Non-Competition. In the event <strong>of</strong> termination <strong>of</strong> this Agreement by the <strong>City</strong>, <strong>for</strong><br />

a period <strong>of</strong> one (1) year after termination, the <strong>City</strong> shall not use the onsite pr<strong>of</strong>essional<br />

healthcare services <strong>of</strong> any Medical Pr<strong>of</strong>essional provided by First Onsite to the <strong>City</strong> during the<br />

Term without First Onsite’s prior written consent.<br />

SECTION 5. Management Fee and Reimbursable Expenses.<br />

5.1 Management Fee. In consideration <strong>of</strong> the satisfactory per<strong>for</strong>mance <strong>of</strong> the<br />

Services by First Onsite, and the per<strong>for</strong>mance <strong>of</strong> all <strong>of</strong> its other duties and obligations as set<br />

<strong>for</strong>th in this Agreement, the <strong>City</strong> shall pay First Onsite an annual management fee equal to the<br />

lesser <strong>of</strong> (a) One Hundred Thirty One Thousand Forty Dollars ($131,040.00) or (b) twenty<br />

percent (20%) <strong>of</strong> the salary, wages and benefits <strong>for</strong> the Personnel (“Management Fee”). In the<br />

event additional personnel are approved by the <strong>City</strong> <strong>for</strong> the Clinic and the total cost <strong>of</strong> the<br />

salary, wages and benefits <strong>for</strong> the Personnel exceed $655,200.00, the calculation <strong>of</strong> the<br />

Management Fee shall be adjusted accordingly. The obligation to pay the Fee shall commence<br />

upon the Delivery Date and shall be prorated <strong>for</strong> partial months. The <strong>City</strong> shall have no<br />

obligation to pay any fees to First Onsite <strong>for</strong> any period <strong>of</strong> time prior to the Delivery Date.<br />

Notwithstanding the <strong>for</strong>egoing, the Management Fee shall not apply to any severances payable<br />

to Personnel or travel or training expenses <strong>for</strong> Personnel. Except <strong>for</strong> the Reimbursable Expenses<br />

set <strong>for</strong>th below, the Management Fee set <strong>for</strong>th herein shall be the sole compensation paid to<br />

First Onsite in connection with the delivery <strong>of</strong> the Services.<br />

5.2 Reimbursable Expenses. The <strong>City</strong> shall reimburse First Onsite <strong>for</strong><br />

a. salary, wages and Benefits <strong>for</strong> Personnel;<br />

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