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<br />TIMING: The initial three to five candidates for this position will be presented in <br />written form to the sel~{;tion committee within 60 days of the acceptance of this <br />contract. <br /> <br />INDEMNITY: PACE ~Qrees to indemnify and hold the Corporation harmless from <br />any and all claims, lia~i1ities, losses and expenses arising out of, or rssulting from, <br />any and all activities cbnducted by PACE. <br /> <br />Guarantee- The PAqe Group will provide a one year guarantee should the <br />successful candidot~ leave for any reason. We would request expenses should <br />this happen. Example- Should Mrs. Jones be employed as the new City <br />Manager and decides to leave the organization within 365 days of the start 01 <br />employment or should she be terminated by the organization then the PACE <br />Group would conduQt the search 101' no f8e. We would request ex:penses. <br /> <br />OUT-Of-POCKET ExlPENSES: At the end of every month, PACE will invoice for <br />direct out-of-pocket exjpenses incurred by PACE during the search process. <br />Payment for direct out~of-pocket expenses shall be due by the 15th day of the <br />following month. Direqt out-of-pocket expenses include, but are not limited to, those <br />set forth in Exhibit "A" I1ttached hereto and incorporated herein. ' <br /> <br />IN WITNESS WHEREOF, the parties have executed this agreement as of the_ <br />day of , 2007 <br /> <br />THE PACE GROUP <br /> <br />City of Paris, Texas <br /> <br />By: <br /> <br />By: <br /> <br />John Lovorn <br />President <br /> <br />Richard Manning <br />Mayor <br /> <br />3 <br />