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AGREEMENT g . P P THIS AGREEMENT made and entered into this ih , ~ •. day of August 20 11� by and between Oculina Bank, 4450 24`h Avenue, Vero Beach, FL, hereinafter called the ATM Owner and Indian River County, 180127 1h St. Vero Beach, FL. hereinafter called the County. A 10 �I _ J743 WITNESSED : That whereas, the COUNTY and the ATM Owner agree as set forth below : 11 1 . BASIC AGREEMENT As per specifications of advertised and sealed Indian River County Request for Proposal # 2011043 : It is hereby agreed that ATM Owner is granted the exclusive right to securely install, maintain, repair, and insure an automated teller machine ( " ATM" ) at each of the locations indicated at no cost or obligation to the County. There will be no County participation in the operation or maintenance of the ATM . 2 . FILLING THE MACHINE It shall be the responsibility of the ATM Owner to maintain sufficient funds in the machine and replenish the ATM with cash . 3 . ELECTRICAL REQUIREMENTS The County shall be responsible for the electrical line installation ( standard 110 volt outlet) , and the ongoing monthly cost for electrical service . ATM Owner, at its discretion and expense, shall connect the ATM through a wireless device . 4 . INSTALLATION & MAINTENANCE ATM Owner shall install or contract installation of the ATM. For insurance requirements and security purposes, the ATM must be bolted to the floor. ATM Owner shall provide all labor involved with service and maintenance of the ATM, including supplies . ATM Owner shall provide 24-hour customer help and technical support . A Toll Free number shall be prominently displayed on the front of the ATM for customers to call for assistance . 5 . SIGNAGE With the County' s permission, ATM Owner shall be allowed to erect ATM signage as necessary to attract ATM business . Signage shall not be placed in view from the exterior of the building . 6. TERM OF AGREEMENT This Agreement shall be in effect for a term of thirty six (36) months beginning on August 16 , 2011 and ending on August 15 , 2014 . The County retains the right to renew this Agreement with the consent of ATM Owner, under the same terms and conditions, for two additional twelve ( 12) month terms . Additional terms and/or services may be added to this Agreement upon satisfactory negotiation of terms between the County and ATM Owner. ATM Owner must receive written notification from the County to cancel no less than 60 days prior to the end of the initial term . Upon removal of the ATM, ATM Owner is not responsible for restoring the County ' s property to its pre- installation condition (i . e . replacing flooring) . 7. MAXIMUM WITHDRAWAL LIMIT & SURCHARGE The maximum withdrawal limit per transaction shall be $ 300 . ATM consumer fee of $ 1 . 50 per transaction will apply for each completed surcharged transaction. No other fees will be charged . 8 . TERMINATION The parties agree that this agreement may be cancelled by either party with 30 days written notice . Upon removal of the ATM, the ATM Owner is not responsible for restoring the County ' s property to its pre- installation condition (i . e . replacing flooring) .