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<br />SCHEDULE I <br /> <br />Payment Schedules <br /> <br />1. Payment on Delivery <br /> <br />1.1. <br /> <br />Conversion Services <br />(Schedule B) <estimated> <br /> <br />$1,840 <br /> <br />1.2. <br /> <br />Installation and Training <br />... <br /> <br />(Schedule F) <estimated> <br /> <br />$8,700 <br /> <br />1.3. <br /> <br />Supplies/Shipping <br />(Schedules C and D) <br /> <br />$1,991 <br /> <br />2. Pavment for Hardware and Software. <br /> <br />Total Costs <br />(Schedule D and E) <br /> <br />$76,258 <br /> <br />Payment for these costs to be made as follows:- <br /> <br />25% upon signing the contract <br /> <br />$19,064.50 <br /> <br />75% upon installation <br /> <br />$57,193.50 <br /> <br />3. Periodic Pavments to Commence Ninety (90) Davs <br />from the Installation Date <br /> <br />ANNUAL <br /> <br />MONTHL Y <br /> <br />3.2. Software Subscription Service and Maintenance $5,767.50 $640.83 <br />(Schedule H) <br />Annual Software Maintenance is calculated over 9 months. <br /> <br />4. Periodic Payments to Commence One (1) Year <br />from the Installation Date <br /> <br />4.1. Hardware Maintenance <br />(Schedule G) <br /> <br />$2,600.00 $216.67 <br /> <br />06/03/94 <br /> <br />Paris Public Library Contract P 21 of 22 <br />