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Page 6 <br />EJCDC E-500 Agreement Between Owner and Engineer for Professional Services <br />Copyright ©2008 National Society of Professional Engineers for EJCDC. All rights reserved. <br />limited license to Owner shall not create any rights in third parties. Nevertheless, the final <br />construction documents, including all electronic files, prepared under this agreement shall become <br />the property of the Owner upon completion of services and payment in full of all monies due to the <br />Engineer. <br />H.To the fullest extent permitted by law, Owner and Engineer (1) waive against each other, and the <br />other’s employees, officers, directors, agents, insurers, partners, and consultants, any and all claims <br />for or entitlement to special, incidental, indirect, or consequential damages arising out of, resulting <br />from, or in any way related to the Project, and (2) agree that Engineer’s total liability to Owner <br />under this Agreement shall be limited to $50,000 or the total amount of compensation received by <br />Engineer, whichever is greater. <br />I.The parties acknowledge that Engineer’s scope of services does not include any services related to <br />a Hazardous Environmental Condition (the presence of asbestos, PCBs, petroleum, hazardous <br />substances or waste as defined by the Comprehensive Environmental Response, Compensation and <br />Liability Act, 42 U.S.C. §§9601 et seq., or radioactive materials). If Engineer or any other party <br />encounters a Hazardous Environmental Condition, Engineer may, at its option and without liability <br />for consequential or any other damages, suspend performance of services on the portion of the <br />Project affected thereby until Owner: (1) retains appropriate specialist consultants or contractors to <br />identify and, as appropriate, abate, remediate, or remove the Hazardous Environmental Condition; <br />and (2) warrants that the Site is in full compliance with applicable Laws and Regulations. <br />J.Owner and Engineer agree to negotiate each dispute between them in good faith during the 30 days <br />after notice of dispute. If negotiations are unsuccessful in resolving the dispute, then the dispute <br />shall be mediated. If mediation is unsuccessful, then the parties may exercise their rights at law. <br />6.01 Total Agreement <br />A.This Agreement (including any expressly incorporated attachments), constitutes the entire <br />agreement between Owner and Engineer and supersedes all prior written or oral understandings. <br />This Agreement may only be amended, supplemented, modified, or canceled by a duly executed <br />written instrument. <br />7.01 Basis of Payment—Lump Sum <br />A.Using the procedures set forth in Paragraph 2.01, Owner shall pay Engineer as follows: <br />1.A Lump Sum amount of $14,500.00 for base Schematic Design <br />2.3-D Exterior Model for an amount of $1,600.00 <br />3.Reimbursable Allowance: $900.00 <br />4.Total Schematic Design Fee: $17,000.00 <br />B.The portion of the compensation amount billed monthly for Engineer's services will be based upon <br />Engineer's estimate of the percentage of the total services actually completed during the billing <br />period. <br />[or]