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S � <br />aoLSSO T E 5 <br />• Anticipated Start Date: March 1, 2010 Anticipated Completion Date: June 25, 2010 <br />Olsson will endeavor to start its services on the Anticipated Start Date and to complete <br />its services on the Anticipated Completion Date. However, the Anticipated Start Date, <br />the Anticipated Completion Date and any milestone dates are approximate only, and <br />Olsson reserves the right to readjust its schedule and any or all of those dates at its sole <br />discretion, for any reason, including, but not limited to, delays caused by Client or delays <br />caused by third parties. <br />4. Client shall pay to Olsson for the performance of the Basic Services the actual time of <br />personnel performing such Services on the basis of Salary Costs times a factor of 2.5 for <br />services rendered by our principals and employees engaged directly on the Project plus <br />Reimbursable Expenses, unless otherwise agreed to by both parties. Reimbursable <br />expenses will be invoiced in accordance with the Schedule contained in the General <br />Provisions and Exhibit B attached to this Letter Agreement. Olsson's Basic Services will <br />be provided on a time and expense basis not to exceed ninety three thousand eight <br />hundred seventy five dollars ($ 93,875). Olsson shall submit invoices on a monthly <br />basis, are due upon presentation and shall be considered past due if not paid within 45 <br />calendar days of the due date. <br />TERMS AND CONDITIONS OF SERVICE <br />• 5. We have discussed with you the risks, rewards and benefits of the Project and our fees <br />for services and the Agreement represents the entire understanding between Client and <br />Olsson with respect to the Project. The Agreement may only be modified in writing <br />signed by both parties. <br />6. If this proposal satisfactorily sets forth your understanding of our agreement, please sign <br />in the space provided below (indicating Client's designated Project representative if <br />different from the party signing). Retain a copy for your files and return an executed <br />original to Olsson. This proposal will be open for acceptance for a period of 60 days <br />from the date set forth above, unless changed by us in writing. <br />7. By signing below, you acknowledge that you have full authority to bind Client to the <br />terms of the Agreement. <br />OLSSON ASSOCIATES <br />go <br />Michael J. Yost, PE, Vice President <br />in <br />Eric Dove, PE, Team Leader <br />The Nebraska Community Foundation of Lincoln, Nebraska, representing all signatories <br />to the Platte River Recovery Implementation Program "Client" <br />• Title Dated: <br />If different from above, <br />Page 2 <br />