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3. TERM. The term of the Agreement shall be for one year beginning on March _, 2014 and ending on March , 2015. Brevard and Indian River, through the Brevard Director of Human Resources and the Indian River Human Resources Manager, may mutually agree to renew this Agreement from year to year, upon the same terms and prices, unless otherwise agreed upon by amendment to the Attachments referenced herein. Any increase in price in the training courses shall be approved by the Board of County Commissioners of Indian River County. 4. PAYMENT. Indian River shall remit payment in accordance with the Florida Prompt Payment Act, section 218.70, Florida Statutes, et seq. 5. INDEMNIFICATION. B revard and Indian River as political subdivisions defined in Section 768.28. Fla Stat., agree to be fully responsible to the extent provided by Section 768.28 Fla Stat. for their own negligent acts o r omissions or tortuous acts which result in claims or suits against them. Nothing herein in intended to serve as a waiver of sovereign immunity by any party to which sovereign immunity applies Nothingherein shall be construed as consent by Brevard or Indian River to be sued by a third party in any matter. 6. MODIFICATIONS TO CONTRACT. This Agreement, together with any exhibits, task assignments and schedules, constitute the e ntire agreement between Brevard and Indian River and supersedes all prior written or oral u nderstandings. This Agreement and any exhibits, task assignments and schedules may only be amended, supplemented or canceled by a written instrument duly executed by the parties hereto. 7. INSURANCE. B revard and Indian River, at their own expense, shall keep in force and at all times maintain general liability and automobile liability coverage consistent with and at a minimum, the limits provided by Section 768 28 Fla Stat. during the term of this Agreement. 8. WORKERS' COMPENSATION COVERAGE. B revard and Indian River shall provide the full and complete statutory Workers' Compensation Coverage, for their own employees and at their own expense. 9. ATTORNEY'S FEES. In the event of any legal action to enforce the terms of this Agreement each party shall bear. its own attorney's fees and costs. 10. GOVERNING LAW. This Agreement shall be governed, interpreted and construed according to the laws of the State of Florida 11. COMPLIANCE WITH STATUTES. It shall be the responsibility of each party to be aware of and comply with all federal, state and local laws 2