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<br />PROFESSIONAL FEES <br /> <br />The professional fee to conduct the search for the City Manager is $19,500.00 plus out-of-pocket <br />expenses. Expenses are not included in professional fees and will be billed separately as <br />incurred. Project-related expenses include, but are not limited to: job posting and advertising <br />fees on various Web sites and classified advertising fees in printed publications; consultant travel <br />expenses; criminal history/credit/driver's license checks; printing and the production of necessary <br />materials such as brochures, profiles, and final reports; transportation; telephone fees; shipping <br />and postage and video conferencing fees. Travel expenses incurred by candidates are not the <br />responsibility of Waters-Oldani. <br /> <br />The professional fee will be billed in four installments; 30% of the fee will be billed at the <br />beginning of the search; 30% at the implementation of Phase II; 30% at the implementation of <br />Phase III; and the final 10% upon acceptance of offer by the candidate. <br /> <br />If candidates from this search process are selected for another position in the organization within <br />one year of the close of the search, a fee of 50% of the above mentioned proposal amount will be <br />due to Waters-Oldani Executive Recruitment. <br /> <br />Only professional fees have been detailed in the following section. If selected for this project, <br />Waters-Oldani will be happy to negotiate a not-to-exceed figure including expenses. All <br />questions regarding these professional fees should be directed to Stacy Layton Waters, Vice <br />President, at 972-481-1950 or via email atslayton@watersco~suIting.com. <br /> <br />PHASE DESCRIPTION OF PROFESSIONAL SERVICES <br />Phase I Task 1 - Profile Development & Posting <br />Phase II Task 2 - Identify Quality Candidates <br /> Task 3 - Preliminary Screening & Initial Report <br /> Task 4 - Background Interviews & References <br />Phase III Task 5 - Finalize Search / Recommend Finalists <br />Conclusion Acceptance of offer by candidate <br />Total Professional Fees $19,500.00 <br /> <br />~ 2007-The Waters Consulting Group, Inc. Page. 28 <br /> <br />THIS PROPOSAL CONTAINS PROPRIETARY INFORMATION AND IS THE SOLE PROPERTY OF WCG, INC <br />THIS PROPOSAL IS NOT TO BE REPRODUCED FOR ANY REASON WITHOUT THE WRITTEN CONSENT OF WCG, INC. <br /> <br />..,.---..,..-.-. <br />